"They always call the other side 'the elite.' Why are they elite?,"
Trump asked rhetorically at a campaign rally in Minnesota in 2018. "I have a much better apartment than they do. I'm smarter than they are. I'm richer than they are. I became president and they didn't."
Trump's need -- and it is a need -- to be very, very rich -- is widely regarded as
one of the main reasons he has continued to be unwilling to release any of his previous tax returns, the first president in the post-Watergate era to enjoy that ignominious distinction. The speculation is that Trump knows that the returns would show him as considerably less rich than he has bragged about for years and, in so doing, reduce his appeal to voters who are drawn to his over-the-top money and attitude.
President Donald Trump said in October 2019 that being president is costing him money. Lots of it.
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