Comments by "david clark" (@davidclark573) on "Ingraham Angle exclusive: Mel Gibson & Mark Wahlberg on new film 'Father Stu'" video.

  1. Yes Trump has falsely increased the value of his real estate to secure large loans and yes he deflated the costs to save taxes but that is not the real crime. Trump has his accountants figure the cost to build a project many millions more than the actual cost and when the lenders make the final payments Trump pockets the difference tax free. This puts a severe financial burden for a Trump property to overcome but Trump doesn't mind because if it goes into bankruptcy he already pocketed millions and doesn't have to pay it back. Example: Let’s say the cost to build the Taj Mahal is 900 million so Trumps accountants add an additional 100 million and make up fake payment dispersals to cover for the difference. Trump walks away with 100 million tax free and it is put in an off shore account. This is why Trump likes to build so many projects even though they lose money like golf courses. Trump inflates the cost of a golf course to skim off the difference. Trump uses the ill-gotten inflated construction costs to keep some projects afloat which is not much different than a Ponzi scheme. This explains why Trump takes so long to pay his bills, he only pays arrears when court stalling is exhausted and he has new money coming in to make required payments. Another example: Trump gets the lease to the hotel in DC. He takes out a 78 million renovation loan and pockets 30 million and uses the rest for renovations. Again if it goes under he doesn’t care because he made 30 million off of it. This is why Trump says he loves bankruptcy because he already made tens of millions and doesn’t have to pay it back.
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