Quote (Surfpunk @ 21 Oct 2020 05:50)
Apparently, Trump has/had a secret bank account in China (secret, in that he's legally required to report it on public financial disclosures, and did not).
Jeebus, the President of the United States holding a secret bank account in China...that's gotta be a counterintelligence nightmare.
https://www.nytimes.com/2020/10/20/us/trump-taxes-china.htmlQuote (Thor123422 @ 21 Oct 2020 05:56)
Nothing surprises me anymore.
His first 2 years I was like "Okay, this is corrupt but..... yeah."
Then the Flyn shit happened and I realized he's the most corrupt president in history, and the gap just keeps getting wider. Nothing will surprise me anymore.
Some important passages from the article:
Quote
The Chinese account is controlled by Trump International Hotels Management L.L.C., which the tax records show paid $188,561 in taxes in China while pursuing licensing deals there from 2013 to 2015.
This is next to nothing by the standards of globally operating, multimillion dollar companies.
Quote
In response to questions from The Times, Alan Garten, a lawyer for the Trump Organization, said the company had “opened an account with a Chinese bank having offices in the United States in order to pay the local taxes” associated with efforts to do business there. He said the company had opened the account after establishing an office in China “to explore the potential for hotel deals in Asia.”
“No deals, transactions or other business activities ever materialized and, since 2015, the office has remained inactive,” Mr. Garten said. “Though the bank account remains open, it has never been used for any other purpose.”
This post was edited by Black XistenZ on Oct 20 2020 10:19pm