It's been nearly four years since President Trump's election, and to make an understatement, his approach to the presidency has been unorthodox.

In an unprecedented break of presidential custom, he has refused to release his tax returns despite ongoing claims of fraud. In an administration led by one of the most recognizable names in the world, the decision to keep the president's personal finances secret has raised many questions, the most notable being: is it possible that Trump may be making money off his presidency?

Back in 2000, Trump made that very claim: "It's very possible that I could be the first presidential candidate to run and make money on it." In a macro sense, this is obviously based on the real estate mogul's simple maxim of "all press is good press," which the 2016 election made obvious with an estimated $2 billion of free media for Trump. Does all the additional coverage help his business like it helped win him the election?

Regarding Trump's many properties, the answer appears to point that way.

Although declining prices have likely hurt its worth, Trump's 11,000-square-foot penthouse in Trump Tower is now essentially a national monument and is positioned to sell for an additional $10 million simply because of an increase in the value of its main tenant.

Trump Hotels have also seemed to benefit, as President Donald Trump frequently uses his luxury properties for government business and leisure, prompting ethics concerns over a president appearing to promote his private enterprise at public cost. Government officials in Kuwait canceled a major event they had planned at the Four Seasons Hotel and switched their venue to Trump's hotel in D.C. under alleged pressure. The same luxury hotel has emerged as a political power hub and is at the center of a court case about presidential emoluments.

Regarding the president's infamous Mar-a-Lago resort, it has seen its membership fee double to $200,000 since Trump took office. Shortly after the fee hike was revealed, Barack Obama's former ethics lawyer said the increase is a "not very subtle exploitation of the fact that the club's figurehead is now president of the U.S." Forbes estimates the "winter White House" is now worth $160 million, $10 million more than pre-election.

Some of the profiteering is even more direct: Trump immediately launched his reelection campaign on the day he assumed office. Donor money has continually flowed since then, and America's first billionaire president turned more than $900,000 into personal revenue.

And we can't forget Trump's signature 2017 tax reform legislation, which will also clearly benefit the president. Forbes says Trump could save about 10% on business income, which based on his leaked 2005 tax return, could mean as much as $11 million annually.

Aerial view of Mar-a-Lago, the estate of Donald Trump, in Pa

However, becoming president has had its drawbacks for the businessman.

While his 2016 campaign's controversial marketing strategy helped Trump leverage media coverage to benefit his commercial properties and projects, Forbes reports that, so far, mixing politics and business has hurt him more than it has helped.

By some calculations, Trump's net worth has dropped from $4.5 billion in 2015 to $3.1 billion in the last two years, dropping the president 138 spots lower on the Forbes 400. In regards to Trump Tower, the net operating income dropped 27% between 2014, the year before Trump announced his run for president, and 2017, his first year in the White House.

In refusing to divest his tax returns, Trump has set himself up to be accused of perpetual conflicts of interests that may or may not be true. Forbes' suggests that Trump would be $500 million richer if he had liquidated his assets, paid capital gains tax on his fortune and created a blind trust to invest it all in the stock market.

At the end of the day, Trump has made money off the pedestal he's been given. However, he may have made more—and been better perceived—if he had thrown in the towel altogether.


Joshua Smalley is a New York-based writer, editor, and playwright. Find Josh at his website and on Twitter: @smalleywrites.



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Over two years into the most momentous event in our lives the world has changed forever … Some of us have PTSD from being locked up at home, some are living like everything’s going to end tomorrow, and the rest of us are merely trying to get by. When the pandemic hit we entered a perpetual state of vulnerability, but now we’re supposed to return to normal and just get on with our lives.

What does that mean? Packed bars, concerts, and grocery shopping without a mask feel totally strange. We got used to having more rules over our everyday life, considering if we really had to go out or keeping Zooming from our living rooms in threadbare pajama bottoms.

The work-from-home culture changed it all. Initially, companies were skeptical about letting employees work remotely, automatically assuming work output would fall and so would the quality. To the contrary, since March of 2020 productivity has risen by 47%, which says it all. Employees can work from home and still deliver results.

There are a number of reasons why everyone loves the work from home culture. We gained hours weekly that were wasted on public transport, people saved a ton of money, and could work from anywhere in the world. Then there were the obvious reasons like wearing sweats or loungewear all week long and having your pets close by. Come on, whose cat hasn’t done a tap dance on your keyboard in the middle of that All Hands Call!

Working from home grants the freedom to decorate your ‘office’ any way you want. But then people needed a change of environment. Companies began requesting their employees' RTO, thus generating the Hybrid Work Model — a blend of in-person and virtual work arrangements. Prior to 2020, about 20% of employees worked from home, but in the midst of the pandemic, it exploded to around 70%.

Although the number of people working from home increased and people enjoyed their flexibility, politicians started calling for a harder RTW policy. President Joe Biden urges us with, “It’s time for Americans to get back to work and fill our great downtowns again.”

While Boris Johnson said, “Mother Nature does not like working from home.'' It wasn’t surprising that politicians wanted people back at their desks due to the financial impact of working from the office. According to a report in the BBC, US workers spent between $2,000 - $5,000 each year on transport to work before the pandemic.

That’s where the problem lies. The majority of us stopped planning for public transport, takeaway coffee, and fresh work-appropriate outfits. We must reconsider these things now, and our wallets are paying

the price. Gas costs are at an all-time high, making public transport increase their fees; food and clothes are all on a steep incline. A simple iced latte from Dunkin’ went from $3.70 to $3.99 (which doesn’t seem like much but 2-3 coffees a day with the extra flavors and shots add up to a lot), while sandwiches soared by 14% and salads by 11%.

This contributes to the pressure employees feel about heading into the office. Remote work may have begun as a safety measure, but it’s now a savings measure for employees around the world.

Bloomberg are offering its US staff a $75 daily commuting stipend that they can spend however they want. And other companies are doing the best they can. This still lends credence to ‘the great resignation.’ Initially starting with the retail, food service, and hospitality sectors which were hard hit during the pandemic, it has since spread to other industries. By September 2021, the US Bureau of Labor Statistics reported 4.4 million resignations.

That’s where the most critical question lies…work from home, work from the office or stick to this new hybrid world culture?

Borris Johnson thinks, “We need to get back into the habit of getting into the office.” Because his experience of working from home “is you spend an awful lot of time making another cup of coffee and then, you know, getting up, walking very slowly to the fridge, hacking off a small piece of cheese, then walking very slowly back to your laptop and then forgetting what it was you’re doing.”

While New York City Mayor Eric Adams says you “can't stay home in your pajamas all day."

In the end, does it really matter where we work if efficiency and productivity are great? We’ve proven that companies can trust us to achieve the same results — or better! — and on time with this hybrid model. Employees can be more flexible, which boosts satisfaction, improves both productivity and retention, and improves diversity in the workplace because corporations can hire through the US and indeed all over the world.

We’ve seen companies make this work in many ways, through virtual lunches, breakout rooms, paint and prosecco parties, and — the most popular — trivia nights.

As much as we strive for normalcy, the last two years cannot simply be erased. So instead of wiping out this era, it's time to embrace the change and find the right world culture for you.

What would get you into the office? Free lunch? A gym membership? Permission to hang out with your dog? Some employers are trying just that.

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Did you hear about the Great Resignation? It isn’t over. Just over two years of pandemic living, many offices are finally returning to full-time or hybrid experiences. This is causing employees to totally reconsider their positions.

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