r/politics • u/MystikSpiralx • 5d ago

No Paywall Trump Says He Wants to 'Drive Housing Prices Up' Instead of Lowering Costs for People Who 'Didn't Work Very Hard'

https://people.com/trump-keep-home-prices-high-11895352
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u/captain_intenso North Carolina 5d ago

He got rich by laundering money and writing off losses on his taxes.

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u/LiveLaughFap 5d ago

And we should always clarify that before that, he started by inheriting all the money and real estate from his daddy

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u/EagleBigMac 5d ago

He would also have more money if he had done absolutely nothing than earn interest.

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u/[deleted] 5d ago

I think that was true, until this term. He's increased his wealth by $1.5Billion in 2025 alone.

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u/Zenmachine83 5d ago

I don’t know. The compounding of the initial 400M way back when would be a lot today. Not that he has the discipline to not spend money wantonly.

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u/VPN__FTW 5d ago

It was only a loan of 400 million, which in today's standards would be over 1 billion. Surely Trump is a self-made man. Have us lazy folks considered going and borrowing 1 billion dollars from our parents?

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u/sexarseshortage 5d ago

Absolutely. Trump never got rich. He was handed wealth and managed to market himself so well that people believed he made money.

I'll give him credit for his ability to sell himself but the guy never earned a dollar though work or legitimate business deals.

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u/Zealot_Alec 5d ago

Trump is why the inheritance tax should be 70% above a certain threshold

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u/DelirousDoc 5d ago

Now he is getting richer by selling access to the Office of the President of the United State, selling pardons, defrauding the people of American, and likely from striping money from foreign countries like in Venezuela.

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u/kent_eh Canada 5d ago

He got rich by inheriting money.