Timothy L. O'Brien
Bloomberg News
Originally posted February 6, 2017
Here is an excerpt:
The documents note that President Trump is to receive “exclusive benefit” from any assets in the trust. In other words, he still could see profits from the Trump Organization flow directly into his wallet and he gets to keep those for himself. While Donald Trump Jr. and Weisselberg have legal authority over the assets in the trust, the president can revoke their authority at any time.
How much money might course through the Trump Organization and find its way to the president may never be discernable because Trump has resisted releasing his tax returns ever since he began his White House bid. Keeping those returns buried is also out of step with presidential tradition. While Trump’s spokeswoman, Kellyanne Conway, has tried to minimize the significance of that lapse, Trump’s refusal to do so continues to concern voters.
Trump’s tax returns are significant -- they would offer the public a necessary window onto his business dealings, his philanthropic efforts, his overseas operations and the financial forces that will come to bear upon him in the White House. Yet Trump has latched on to a number of slender reasons for avoiding releasing them.
The article is here.
