Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan.
The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.
Actors’ Equity Secretary-Treasurer Sandra Karas Doubts That Donald Trump’s $70,000 In ‘Apprentice’ Haircuts Were Tax Deductible
deadline.comDavid Robb Labor EditorSandra Karas, secretary-treasurer of Actors’ Equity, was surprised Monday morning when she read The New York Times’ article about President Trump’s income taxes – and the $70,000 that he reportedly wrote off as a business expense for hair styling in connection with his TV show The Apprentice. “It made me laugh when I saw it in the paper,” she said. “The first thing I thought was, ‘That’s not deductible.’”Karas isn’t privy to Trump’s Apprentice contract, but said that it’s “unheard of” for producers to make the star of a hit show pay for their own hair and makeup.
And Karas should know: As a licensed accountant and tax attorney currently representing, pro bono, a member of the union in a case before the US Tax Court,.
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