- Tax documents from the New York Times suggest that Trump transferred money from a hotel jointly owned by Phil Ruffin to fund his campaign, marking them as a business expense
- Ruffin and Trump are longtime friends, supporting each others’ businesses, social events, and campaigns
- Ruffin has headlined an effort to secure help from the government to construct a high-speed rail that would connect the Las Vegas casinos he and Trump own and Los Angeles, and effort that found renewed success under Trump’s administration
New revelations from the New York Times’ trove of Trump tax documents allege that Donald Trump funneled $21 million from a joint-hotel venture to businesses he alone owned. The windfall came at a time when the Trump presidential campaign was struggling financially.
Trump had pledged to fund the campaign himself to prove his independence from wealthy donors, but his floundering businesses made that a difficult