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Trump Inc – a podcast series from ProPublica and WNYC – S02 E25 – What We’ve Learned From Trump’s Tax Transcripts(11 May 2019)

12/05/2019

The most recent episode

About the series

Podcasts are a good form for presenting the surreality of this era, Eric Umansky, an editor at ProPublica, told me recently. “You can capture the absurdity in ways that you can’t in text,” he said. The excellent investigative podcast that he works on, “Trump Inc.,” from WNYC and ProPublica, began in February and concludes next week. Its premise is at once straightforward and audacious: it asks big, specific questions about Donald Trump’s famously mysterious business dealings, including those concerning possible connections between his Presidency and his profits; investigates them; and encourages listeners to pitch in and help. It features several personable, savvy-sounding reporters: Andrea Bernstein and Ilya Marritz, of WNYC, and Jesse Eisinger and Heather Vogell, of ProPublica, and it has a collaborative spirit. Reporters from other outlets (including The New Yorker’s Adam Davidson) offer additional information and insights. One episode features David Fahrenthold, of the Washington Post, answering listener questions; another was inspired by a comment that Fahrenthold made about Trump suing local municipalities in which he had businesses; a listener tip resulted in a mini-episode about Trump commissioning golf-tee markers with the Presidential seal on them. Umansky told me that one “superfan” listener “went to the courthouse in Westchester to look up cases for us.” Everybody gets to be a detective. Or, as the show’s Web site puts it, “Help Us Dive Into the Swamp.” 

https://audio.wnyc.org/trumpinc/trumpinc050119_cms932417_pod.mp3

About this episode – What We’ve Learned From Trump’s Tax Transcripts

President Donald Trump has refused to release his tax returns. He has sued his former accountants and Deutsche Bank to keep them from releasing his returns after they were subpoenaed to do so. And his treasury secretary has refused to provide the returns to Congress.

But bit by bit, The New York Times’ Susanne Craig and Russ Buettner have been gathering returns and tax data from Trump’s earlier years. In the latest installment, they show how Trump claimed over a billion dollars in business losses from 1985 to 1994. In some years, he lost more than any other taxpayer.

In this Trump, Inc. podcast extra, we speak to Craig about how she got the story, what she found and what to look for if and when the president’s tax returns are released. “You don’t lose this much money unless you’re a really bad businessman,” Craig told us.

When the Times asked for comment from Trump officials, a spokesperson initially said, “You can make a large income and not have to pay large amount of taxes.” Later, Trump’s lawyer Charles Harder, wrote that the tax information was “demonstrably false.” He cited no specific errors.

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