Trump's Unexplained $50 Million Loan. Is It Tax Fraud?

Donald Trump’s massive debts—he owes hundreds of millions of dollars—are the subject of continuous congressional and journalistic scrutiny. But for years, one Trump loan has been particularly mystifying: a debt of more than $50 million that Trump claims he owes to one of his own companies. According to tax and financial experts, the loan, which Trump has never fully explained, might be part of a controversial tax avoidance scheme known as debt parking. Yet a Mother Jones investigation has uncovered information that raises questions about the very existence of this loan, presenting the possibility that this debt was concocted as a ploy to evade income taxes—a move that could constitute tax fraud. On today's show, host Jamilah King interviews Mother Jones investigative reporter Russ Choma about his dogged Trumpworld financial reporting, and the fresh questions it raises about Trump's debt. Learn about your ad choices: dovetail.prx.org/ad-choices