The eye-popping judgment against former President Trump in his New York fraud case has laid bare his precarious financial status, a matter that has sent the notoriously incensed real estate mogul o…
Most likely bonds (as you said, cash equivalents). When you get to a certain level of wealth, instead of paying taxes, you lend that same money to the government and receive interest on it.
And/or because it’s hidden away in some tax haven under somone else’s name.
Most likely bonds (as you said, cash equivalents). When you get to a certain level of wealth, instead of paying taxes, you lend that same money to the government and receive interest on it.
And/or because it’s hidden away in some tax haven under somone else’s name.
I wouldn’t trust a word of it myself.