In October 2016, portions of Trump's state filings for 1995 were leaked to a reporter from The New York Times. They show that Trump declared a loss of $916 million that year, which could have let him avoid taxes for up to 18 years. During the second presidential debate, Trump acknowledged using the deduction, but declined to provide details such as the specific years it was applied. He said that he did use the tax code to avoid paying taxes.
The volume of the orders (90,000 banners between March and July, at just one factory) is not inconsistent with the activities of a major U.S. presidential election campaign, and it is therefore reasonable to question the identity of the customer(s) behind such orders. However, we’ve so far found no concrete evidence documenting who is responsible for these orders: merchandisers, the Trump campaign itself, Republican partisans, foreign entities, or some combination thereof.
Stepien, a 40-year-old New Jersey operative, is an Establishment Republican out of central casting: trim, well dressed, and with impeccable hair. He was recruited to join the Trump campaign in August 2016, after befriending Kushner, and his current job is to effectively reverse-engineer a method to Trump’s madness. Despite the gloomy outlook for Republicans—a recent Real Clear Politics poll average showed Democrats with a six-point advantage—Stepien did his best to spin the White House’s message that Republicans could limit the damage in the midterms. “This is not an easy time to run and win as a Republican,” Stepien conceded. “[Trump] is trying to get all the people who voted for him in 2016 back out to the polls in 2018. The goal is to make those people who are presidential-year voters into midterm-election voters.”
In 1996, Trump acquired the Bank of Manhattan Trust Building, which was a vacant seventy-one story skyscraper on Wall Street. After an extensive renovation, the high-rise was renamed the Trump Building at 40 Wall Street. In 1997, he began construction on Riverside South, which he dubbed Trump Place, a multi-building development along the Hudson River. He and the other investors in the project ultimately sold their interest for $1.8 billion in 2005 in what was then the biggest residential sale in the history of New York City. From 1994 to 2002, Trump owned a 50 percent share of the Empire State Building. He intended to rename it "Trump Empire State Building Tower Apartments" if he had been able to boost his share. In 2001, Trump completed Trump World Tower. In 2002, Trump acquired the former Hotel Delmonico, which was renovated and reopened in 2004 as the Trump Park Avenue; the building consisted of 35 stories of luxury condominiums.
While running for president, Trump said that he intended to repeal the Deferred Action for Childhood Arrivals (DACA) on "day one" of his presidency. The program, introduced in 2012, allowed people who had either entered or remained in the United States illegally as minors to receive a renewable two-year period of deferred action from deportation and be eligible for a work permit.
In his campaign, Trump said that he disdained political correctness; he also stated that the media had intentionally misinterpreted his words, and he made other claims of adverse media bias. In part due to his fame, and due to his willingness to say things other candidates would not, and because a candidate who is gaining ground automatically provides a compelling news story, Trump received an unprecedented amount of free media coverage during his run for the presidency, which elevated his standing in the Republican primaries.
Trump's presence on social media has attracted attention worldwide since he joined Twitter in March 2009. He communicated heavily on Twitter during the 2016 election campaign, and has continued to use this channel during his presidency. The attention on Trump's Twitter activity has significantly increased since he was sworn in as president. He uses Twitter as a direct means of communication with the public, sidelining the press. Many of the assertions he tweeted have been proven false.
“Part of what he’s doing that makes it feel like a reality show is that he is feeding you something every night,” said Brent Montgomery, chief executive of Wheelhouse Entertainment and the creator of “Pawn Stars,” about the Trump show’s rotating cast and daily plot twists (picking a fight with the N.F.L., praising Kim Jong-un). “You can’t afford to miss one episode or you’re left behind.”
While previous presidents had held rallies in the early days of their presidency to garner support for legislation, such rallies differed from those held by Trump in that they were funded by the White House rather than by campaign committees. One of the advantages of having his campaign committee fund the events is that organizers can more discriminately screen attendees, refusing entry to non-supporters. Trump's February rally in Melbourne, Florida was the earliest campaign rally for an incumbent president.