IF HE COMES ALONG AND RAISES
THOSE RATES ALL THOSE COMPANIES
THAT ARE COMING IN, THEY’LL
LEAVE THE U.S. SO FAST YOUR HEAD
WILL SPIN.
WE CAN’T LET THAT HAPPEN.
>> ON THE SUBJECT OF TAXES, AS
YOU KNOW, "THE NEW YORK TIMES"
HAS OBTAINED, IT SAYS, YEARS OF
YOUR TAX RETURNS AMONG OTHER
THINGS.
IT SAYS YOU HAVE DEBTS OF
APPROXIMATELY $421 MILLION THAT
YOU HAVE PERSONALLY GUARANTEED
AND THAT WILL COME DUE IN THE
NEXT FOUR YEARS.
THE QUESTION IS, ON BEHALF OF
VOTERS, WHO DO YOU OWE $421
MILLION TO?
>> FIRST OF ALL, WHAT THEY DID
IS ILLEGAL, NUMBER ONE.
ALSO, THE NUMBERS ARE ALL WRONG,
WITH THE NUMBERS THEY RELEASED.
JUST SO YOU UNDERSTAND, WHEN YOU
HAVE A LOT OF REAL ESTATE, I
HAVE REAL ESTATE, YOU KNOW A LOT
OF IT, OKAY, RIGHT DOWN THE
ROAD, DORAL.
BIG STUFF, GREAT STUFF.
I’M VERY UNDER -- WHEN I DECIDED
TO RUN, I’M VERY UNDERLEVERAGED,
FORTUNATELY.
BUT I’M VERY UNDERLEVERAGED.
I HAVE A VERY, VERY SMALL
PERCENTAGE OF DEBT COMPARED --
IN FACT SOME OF IT, I DID AS
FAVORS TO INSTITUTIONS THAT
WANTED TO LOAN ME MONEY.
$400 MILLION COMPARED TO THE
ASSETS THAT I HAVE, ALL OF THESE
GREAT PROPERTIES, ALL OVER THE
WORLD, AND FRANKLY, THE BANK OF
AMERICA BUILDING IN SAN
FRANCISCO, I DON’T LOVE WHAT’S
HAPPENING TO SAN FRANCISCO --
>> DO I HEAR IT RIGHT, IT SOUNDS
LIKE YOU’RE SAYING $400 ISN’T
THAT MUCH.
>> ONE OF THE BIGGEST OFFICE
BUILDINGS.
>> ARE YOU CONFIRMING THAT, YES,
YOU DO OWE SOME $400 MILLION?
>> WHAT I’M SAYING IS THAT IT’S
A TINY PERCENTAGE OF MY NET
WORTH.
>> THAT SOUNDS LIKE YES.
>> WE’RE DOING THINGS -- YOU
KNOW, WE’VE GIVEN I THINK IT’S
108 OR 112 PAGES OF FINANCIAL
DETAIL TO ELECTIONS AND, YOU
KNOW, WE HAVE TO FILE, AS THE
PRESIDENT, AS ANY POLITICIAN,
YOU HAVE TO FILE.
NOBODY EVER LOOKS AT THAT.
WHEN THEY DO, THEY SEE HOW
INCREDIBLE THE COMPANY IS.
BUT MORE IMPORTANTLY, THEY SEE
WHERE THIS DEBT IS.
NO, I DON’T OWE RUSSIA MONEY.
I DON’T OWE -- I OWE A VERY,
VERY SMALL -- IT’S CALLED
MORTGAGES.
PEOPLE HAVE A HOUSE --
>> ANY FOREIGN BANK, ANY FOREIGN
ENTITY?
>> NOT THAT I KNOW OF BUT I WILL
PROBABLY, BECAUSE IT’S SO EASY
TO SOLVE, AND IF YOU WOULD LIKE
TO DO -- I WILL LET YOU KNOW WHO
I OWE WHATEVER SMALL AMOUNT OF
MONEY.
I WANT TO SAY TWO THINGS.
NUMBER ONE, IT’S A VERY SMALL
AMOUNT OF MONEY.
NUMBER TWO, IT’S VERY STRAIGHT.
IT’S VERY, VERY STRAIGHT.
IT’S A TINY PERCENTAGE OF THE
WORTH.
DID YOU EVER HEAR THE EXPRESSION
UNDERLEVERAGED?
I AM EXTREMELY UNDERLEVERAGED.
>> HERE’S THE THING.
YOU COULD CLEAR THIS UP TONIGHT
BY JUST RELEASING YOUR TAX
RETURNS YOURSELF.
I THINK PEOPLE ARE JUST
WONDERING, YOU’RE THE ONLY --
>> IT TURNED OUT I AM UNDER
AUDIT.
>> YOU ARE.
BUT THE IRS SAYS THAT DOESN’T
STOP YOU FROM --
>> YOU ACCUSED ME OF NOT BEING
UNDER AUDIT PREVIOUSLY.
>> I DID NOT.
>> OTHER PEOPLE AT NBC.
AND I AM UNDER AUDIT.
>> YOU ARE.
>> I AM UNDER AUDIT.
NO PERSON IN THEIR RIGHT MIND
WOULD RELEASE PRIOR TO WORKING
OUT THE DEAL WITH THE IRS.
AND I’LL GO A STEP FURTHER.
I’M TREATED VERY BADLY BY THE
IRS.
THEY TREAT ME VERY, VERY BADLY.
YOU HAVE PEOPLE IN THERE FROM
PREVIOUS ADMINISTRATIONS.
THEY TREAT ME VERY BADLY.
BUT WE’RE UNDER AUDIT.
IT’S VERY ROUTINE IN MANY WAYS.
BUT WE’RE UNDER AUDIT.
THEY LIKE TO CHANGE THE GAME,
CHANGE THE RULES, DO EVERYTHING.
YOU SAW WHAT THEY DID WITH THE
TEA PARTY PEOPLE.
YOU SAW WHAT THEY DID WITH THE
RELIGIOUS GROUPS.
>> TO BE CLEAR, THERE IS NO LAW
OR RULE THAT PROHIBITS YOU FROM
RELEASING YOUR TAX RETURN.
>> NO, COMMON SENSE AND
INTELLIGENCE, AND HAVING LAWYERS
THAT SAY -- BECAUSE I WOULD LOVE
TO RELEASE THEM.
AND AS SOON AS WE COME TO A
CONCLUSIONS
CONCLUSION, I WILL RELEASE THEM
AND VERY GLADLY.
IF YOU GO TO ELECTIONS, AND IF
YOU TAKE A LOOK, YOU’LL SEE 112,
I THINK IT’S 112, IT TALKS ABOUT
THE INCOME, WHICH IS RATHER
MASSIVE, IT TALKS ABOUT ALL OF
THE PROPERTIES.
THEY HAVE THEM LISTED.
YOU CAN NEVER LEARN MORE.
BUT YOU KNOW WHAT HAPPENED,
PEOPLE WENT THERE, ALL THE
REPORTERS WENT THERE, IT WAS
LIKE A FEEDING FRENZY.
THIS WAS ORIGINALLY WHEN I FILED
IT.
AND I FILED IT EVERY YEAR.
I UPDATE IT EVERY YEAR.
MY SON IS HERE.
THEY RUN THE COMPANY.
I DON’T RUN THE COMPANY.
>> IT ALSO SAID YOU PAID $750 IN
TAXES THE YEAR YOU WERE ELECTED.
>> THAT’S A STATUTORY NUMBER.
>> BUT IS THAT TRUE?
>> I THINK IT’S A FILING NUMBER.
YOU PAY 750, IT’S A FILING FEE.
>> MOST PEOPLE HERE PROBABLY PAY
MORE.
>> NO, I DON’T KNOW, I CAN TELL
YOU THIS, IF THEY HAVE MY TAX
RETURNS, AS YOU KNOW, THEY HAVE
TO GO TO JAIL.
IT’S ILLEGAL.
BUT THEIR NUMBERS WERE WRONG.
BUT LET ME TELL YOU WHAT ELSE.
UH, I DON’T OWE MONEY TO ANY OF
THESE SINISTER PEOPLE.
THIS HAS BEEN GOING ON FOR YEARS
NOW, RUSSIA, RUSSIA, RUSSIA,
TURNED OUT TO BE A HOAX AND IT
TURNED OUT TO BE THAT HILLARY
CLINTON AND THE DEMOCRATS WERE
DEALING WITH RUSSIA, NOT ME.
IT’S A WHOLE HOAX.
SO I WOULD NOT MIND AT ALL
SAYING WHO IT IS.
BUT IT’S A VERY SMALL -- WHEN
YOU LOOK AT VAST PROPERTIES LIKE
I HAVE, AND THEY’RE BIG AND
THEIR BEAUTIFUL AND THEY’RE
WELL-LOCATED, WHEN YOU LOOK AT
THAT, THE AMOUNT OF MONEY, $400