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Botany

(70,516 posts)
Wed Jun 22, 2016, 10:09 AM Jun 2016

If Trump is as rich as he says then why is he drawing a salary from his campaign?

http://www.democraticunderground.com/?com=view_post&forum=1014&pid=1495861

Not only is he running 20% + of his campaign's expenses back into his and his family member's
businesses but he is paying himself a salary too. Trump says he is worth $8 billion and if he just
had 1/4 of a billion $s of his money invested into a very safe portfolio that made 2.5% return
in a year then that should be:

250,000,000 x .025 = 6,250,000

That is over $6 million a year in interest alone not counting all of his other business income
and yet he is paying himself $15,000 a month?





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If Trump is as rich as he says then why is he drawing a salary from his campaign? (Original Post) Botany Jun 2016 OP
Because enough, is never enough. peace13 Jun 2016 #1
Yep. Greed. trof Jun 2016 #7
A tax dodge? muriel_volestrangler Jun 2016 #2
Trump thinks he is worth a mere $15,000 a month? The Second Stone Jun 2016 #3
It's further evidence that he's NOT as rich as he says. Chiyo-chichi Jun 2016 #4
If the campaign wants any work out of Trump it has toupee! pinboy3niner Jun 2016 #5
Because he's a whore who places a $$ value on everything. nt TeamPooka Jun 2016 #6
 

peace13

(11,076 posts)
1. Because enough, is never enough.
Wed Jun 22, 2016, 11:32 AM
Jun 2016

In my experience the wealthy want a discount or to drag out paying the bill. Their time is always more valuable than others. If the law says he can pay himself, you can bet he will. If it skirts the law slightly, he will still do it.

 

The Second Stone

(2,900 posts)
3. Trump thinks he is worth a mere $15,000 a month?
Wed Jun 22, 2016, 01:50 PM
Jun 2016

That's the first sign of modesty we have ever seen from him. He's drawing a salary because he thinks he can. When I ran for office, it never occurred to me that this was possible until the finance class we had said it was illegal. I suspect he is going to get in some kind of trouble for this. I can't imagine that this is legal.

Chiyo-chichi

(3,581 posts)
4. It's further evidence that he's NOT as rich as he says.
Wed Jun 22, 2016, 01:54 PM
Jun 2016

As Mark Cuban said, Trump likely has relatively few liquid assets. Putting his name on everything under the sun--in deals that aren't going to make him millions--is a sign of desperation. I suspect the same thing is going on here with the salary and funneling money back to his own businesses.

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