All of that being said, I would expect to see some Top Alabama Crimson Tide Mickey Mouse Shirt income being picked up somewhere here. Even in the 80s and 90s as his brand was expanding, Trump was not building enough to be writing off billions due to depreciation alone. His interest expense was high, meaning much of his operating cash was likely coming from loans and not actual operating income. I obviously have not seen all the details but this pattern of losses is indicative of a business with serious leverage and liquidity issues. I frankly don’t really care about Trump’s business acumen. Seeing high-level figures like this gives us an idea of how his businesses were operating poorly, it would appear, but there is no way to say for sure.
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But that’s not why his tax returns for the Top Alabama Crimson Tide Mickey Mouse Shirts years in question are of interest to an oversight committee. They, and I, are much more interested in his returns from this decade, and it’s not because they want to prove he is poor or a fraud. This is a man who has been deeply in debt for a very long time. How much debt he is in today relative to his actual worth would not be of so much interest to the public if his actions did not make it seem as if he is beholden to some entity or power other than the public. His personal embarrassment over perhaps not being as wealthy as he has been projecting for decades is more important to him than our confidence in our executive branch. And that really sucks.
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