President Trump’s niece is allegedly responsible for leaking his tax forms to the New York Times as part of its 2019 investigation, according to the report Monday by the Daily Beast.
The Daily Beast noted that it is part of a new tell-all book by Mary Trump, 55, about President Trump and outlines “harrowing and salacious” stories about him. The book, “Too Much and Never Enough,” is scheduled for release on Aug. 11, two weeks before the 2020 Republican National Convention.
President Trump’s tax forms have been a source of contention since the beginning of his 2016 presidential campaign. While it is not required for a presidential nominee to release their tax records, every candidate in modern history has to maintain an air of transparency. President Trump has fought to keep his tax records sealed, leading to concerns about his financial interests, history, and legal actions by state and federal investigators.
In May 2019, the Times published findings from its investigation, which found his businesses were in the red from 1985 to 1994.
At the time, Trump blamed the various financial problems and bankruptcies plaguing his businesses on the financial recession in 1990. However, the Times found he was already deep in debt well before the recession hit. The Eastern Airlines shuttle never turned a profit after he purchased it for $365 million and the Trump Taj Mahal Hotel and Casino opening left him with $800 million in debt that ate away at revenue from his other casinos.
All in all, his failing business ventures totaled to well over $1 billion in losses. Trump was able to survive, partly, by avoiding paying federal income taxes for nearly eight years because the losses were so heavy. He was also buoyed by his father, Fred Trump Sr., bailing out several of his failing businesses.
In the report’s wake, it came out that the team assigned to investigate Trump’s financials had “imploded” after a member of the team tried to “go rogue.”
Reporter David Barstow had tried to secure a large payday by ghostwriting a book with the story’s source, who hadn’t been identified. This led to Barstow having tension with both the investigative team and the source. It culminated in Barstow making a “surprise visit” to the source’s home in an effort to try and convince them.
“The source was freaked out. The source felt invaded. They ended up hiding until he left the residence,” a source told the Daily Beast.
Along with the tax forms, Mary Trump will go into detail about her father, Fred Trump Jr., and his struggles with alcoholism before his death in 1981 and the tensions that followed. This will allegedly include allegations that Donald Trump and his father Fred Trump Sr. willfully ignored her father’s alcoholism before his death.
The tensions between Mary Trump and the rest of the family ultimately boiled over in 2000 over Fred Trump Sr.’s will. Most of the Trump family decided to cut off Mary and her brother, Fred Trump III, from the family’s health plan that helped cover the medical expenses for Fred Trump III’s son who suffered from cerebral palsy.
“My aunt and uncles should be ashamed of themselves,” Mary Trump said in a 2000 interview with the New York Daily News. “Given this family, it would be utterly naive to say it has nothing to do with money. But for both me and my brother, it has much more to do with that our father [Fred Jr.] be recognized.”
Maryanne Trump Barry, Donald Trump’s sister and a former federal judge, is also said to be involved and shared “intimate and damning thoughts about her brother.”