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" "The domestic emoluments clause... states that beyond his government salary the president may not receive "any other Emolument from the United States, or any of them." Those... words bar payment from the federal government or any of the fifty states... Trump has been profiting from spending at his properties by foreign governments... Also Trump has been profiting from federal, state, and local governments spending money at his properties as part of presidential security details. When Trump stays at [his properties]... these governments... pay full retail prices.
(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).
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[A] lot of what I've been writing about in Free Lunch and... Perfectly Legal and the 13 years of stories I've been doing in The New York Times are about... a growing disconnect between our political and cultural mythology, and how the economy actually works. ...[A]ll societies have to operate from myths. You have to have a shorthand for your culture, but ours is getting disconnected from reality.
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The result? In the past 25 years, one American family in seven has sought refuge in federal bankruptcy court. Exhaustive research by Elizabeth Warren... and her associates... has proven that the vast majority of people seek refuge... after any two of three events combine: divorce, job loss, or major medical problems.