Podcast: A loan, a payment, a trail
There are three really big issues with what this appears to illustrate, says Brendan Fischer. Trump never disclosed that $30 million loan. If that loan was for campaign purposes, the Federal Election Commission considers personal guarantees of loans to be election contributions. It appears the Trump-controlled company that accepted this payment took a tax deduction for the $21 million that it transferred to Trump, which could mean that taxpayers helped subsidize Trump’s campaign in 2016.
Listen to the full podcast here.