Trump Just Completely Entangled His Business And The U.S. Government


Andrew Harrer/Bloomberg via Getty Images The bottom line is that Donald Trump will continue to own his hotels. So under Trump’s plan, his hotels will hold onto more than 85 cents of every dollar they collect from foreign governments that book overnight stays, events and meetings at Trump hotels. Over the longer term, as more foreign governments choose to patronize Trump’s hotels over others, his hotels become more profitable, and the value of his business increases — benefiting Trump and his family. Moreover, the Trump Organization would still technically be accepting payments from foreign governments, even if the company passed on any profits to the U.S. Treasury. Foreign governments, including Bahrain and Azerbaijan, moved their annual diplomatic parties from other hotels to the Trump International after the election.


Source:   Huffington Post
January 11, 2017 22:30 UTC






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