Donald Trump Shrugs Off Decades of Tax Fraud

Globe Photos/ZUMAPRESS

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Yesterday the New York Times reported that the Trump family, including Donald Trump, had engaged for years in both outright tax fraud and an endless string of tax scammery that might or might not edge over into fraud. They also reported that far from being a self-made billionaire, Trump had received nearly half a billion dollars from his father over the years. Today, Trump responded:

That’s it. Donald Trump, who brags constantly about graduating from Wharton, pretended that adjusting for inflation was some kind of rare wizardry and then blew off the whole thing. He didn’t even bother denying any of the charges in the article, all of which were based on brand new documentary evidence. Neither did his press secretary:

Asked to identify what in the article was incorrect, she said, “I won’t go through every line of a very boring 14,000-word story.” Instead, she said the article demonstrated that Mr. Trump’s father believed in him. “One thing the article did get right is it showed that the president’s father actually had a great deal of confidence in him,” she said. “In fact, the president brought his father into a lot of deals and made a lot of money together.”

Why does Trump think he can get away with this? It’s easy: this is precisely the kind of story that the press will forget almost instantly. It’s an exclusive to the New York Times, which spent over a year on it, and there’s very little prospect of following it up. There won’t be new documents dropped every few days. There aren’t people to interview to advance the story. There aren’t politicians with axes to grind who will start up investigations and keep generating news. As long as Trump himself ignores it, there’s very little the Times can do to keep this story in the public eye day after day.

In a world where Trump generates news at will almost daily, it’s doomed unless something miraculous happens to keep it going. Unfortunately, Democrats are too busy with other stuff and Republicans couldn’t care less if Trump is a crook. But who knows? Maybe the Times has a follow-up or two that they plan to drop in a few days.

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In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

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