Will the public ever get a full gander at Trump’s tax returns? This is even more in doubt as it has been revealed that Trump’s hand-picked IRS Commissioner, Charles Rettig, actually has business dealings with the president.
Rettig rakes in as much as $1 million in rental income from the Trump-branded properties he co-owns.
“When Trump nominated Rettig to lead the IRS in February 2018, Rettig initially failed to disclose that the Hawaii real estate he owned was at a Trump-branded property. He bought a 50 percent interest in two units at Trump International Waikiki in 2006 ahead of the building’s completion in 2009. It is likely that Trump profited off of his future-IRS commissioner’s purchase; although the Trump Organization does not own the Waikiki property, its branding deal gave it a 10 percent share of total pre-sales,” Citizens For Ethics reported.
Listen to GHOGH with Jamarlin Martin | Episode 23: Everette Taylor Jamarlin talks to serial entrepreneur and marketing whiz, Everette Taylor, about building GrowthHackers, PopSocial and other companies. Everette shares what he learned from selling his first tech business at age 21 and working with Snapchat on a new startup accelerator.
According to Rettig’s financial disclosure, he earned between $100,000 and $1 million in rent and/or royalties from the units.
“It is hard to imagine how he would forget an investment that is valued at almost $3 million. Obviously he assumed it was something to hide,” Washington Monthly reported.
With this very close connection to Trump, DC is wondering if Rettig will respond to Democrats’ formal request that the I.R.S. deliver six years of Trump’s personal and business tax returns.
