Mar-a-Lago business was down in 2018, Trump’s financial form shows

Mar-a-Lago business was down in 2018, Trump’s financial form shows

President Donald Trump's Mar-a-Lago resort raked in $22 million in revenue during 2018, almost $3 million less than Trump reported on his form last year. | Joe Raedle/Getty Images White House Trump's Mar-a-Lago resort took a financial hit last year 'The Art of the Deal' continues to make money, but the president's dozen-plus other books brought in next to nothing — $201 or less. By KATIE GALIOTO 05/16/2019 03:19 PM EDT Share on Facebook Share on Twitter Donald Trump’s Mar-a-Lago resort may get hours of free TV time when the president visits what he calls the “southern White House,” but the branding isn’t helping business. The president’s oft-visited Florida estate raked in $22 million in revenue during 2018, almost $3 million less than Trump reported on his form last year.Story Continued Below The decline in business was perhaps due in part to the government shutdown at the end of the year, which caused Trump to twice push back — and ultimately cancel — his trip to the resort for the holidays. White House officials are required by law to disclose certain financial information. The president’s annual disclosure, filed to the Office of Government Ethics, provides rare insight into his personal finances — a source of intense speculation since Trump bucked decades of tradition by refusing to release his tax returns during or after his run for the White House. Trump’s financial disclosures made over the course of his presidency have shown that holding office has helped some of his business ventures. POLITICO Playbook newsletter Sign up today to receive the #1-rated newsletter in politics Email Sign Up By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time. For instance, his 1987 “Art of the Deal” earned as much as $1 million over the past year, continuing a sales spike dating back to Trump’s time on the campaign trail. However, the president isn’t making much from more than a dozen other books he’s authored. Most of them brought in next to nothing — $201 or less, according to the report. Trump’s latest disclosure was made amid an escalating clash between the White House and Democratic lawmakers over access to the president’s financial records. Multiple House committees have demanded Trump’s tax returns and documents from his accounting firm and banks, in some cases issuing subpoenas for the documents. Democrats have argued they require Trump’s financial information for their joint investigations into potential foreign influence on the U.S. politi
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