For the first time since his resignation, former US President Donald Trump voluntarily disclosed his finances on Friday. As evidenced by the approximately 100-page documents, he mentions income from his digital trading card series, the company behind his online platform Truth Social, and from speaking engagements. The card business seems to be going well.
Trump’s earnings from his digital trading cards alone range from $100,000 to $1 million, according to the report. The images cost $99 each and show the Republican in a variety of poses, including cowboy, astronaut and fighter pilot. In addition, according to the documents, he earned more than five million dollars (about 4.5 million euros) with performances as a speaker.
dispute over disclosure
Trump had refused to disclose his finances for years. The U.S. Supreme Court cleared the way in November for the release of Trump’s tax returns after years of litigation. The Tax and Customs Administration then submitted the documents for the years 2015 to 2020 to the Tax Policy Committee in the House of Representatives.
The documents were finally released after years of legal wrangling. The Republican had therefore often paid little tax, despite the indication of millions in profit. The move is a condition of Trump’s re-election as the Republican presidential nominee for the 2024 election.
Democrats hope for explosive details
In general, no sensational revelations were expected from the tax returns. US President Joe Biden’s Democrats, however, were hoping for more details about Trump’s business — and in particular about potential conflicts of interest from foreign transactions.
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
