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A mammoth New York Times investigation found that Donald Trump had engaged in “dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents.”
Why it matters: The report, which relies on confidential Fred Trump (his father) documents and tax returns, shows how Donald Trump built his fortune. Documents suggest that Trump’s father provided his son with as much as $60.7 million in loans ($140 million if adjusted for inflation), in contrast to Trump’s suggestion he only received $1 million.