Technically he needs to sell way more if he intends for the sales to fully cover his legal costs. 900,000 * 399 = 359,100,000 but that’s pure Revenue. The shoes likely have a cost per unit and then Trump has to pay taxes on that Revenue, not to mention other business operations costs. He might need to sell 30 to 50 percent more of those shoes.
His legal settlements are 83,300,000 for the E Jean Carol suit and 355,000,000 for NYC, which might actually be way more than that after other factors and interest (I don’t know exactly what he owes for the NYC case, bit it’s 355M minimum, maybe up to 450M and with contingent interest depending on when it’s paid).
He actually has to put the FULL AMOUNT of each settlement for the government to hold for each case he chooses to appeal, and may even owe interest if he loses the appeals.
I’m just a tired stranger on the internet who tried to put some numbers together. If I got something wrong, let me know and I’ll correct it
Technically he needs to sell way more if he intends for the sales to fully cover his legal costs. 900,000 * 399 = 359,100,000 but that’s pure Revenue. The shoes likely have a cost per unit and then Trump has to pay taxes on that Revenue, not to mention other business operations costs. He might need to sell 30 to 50 percent more of those shoes.
His legal settlements are 83,300,000 for the E Jean Carol suit and 355,000,000 for NYC, which might actually be way more than that after other factors and interest (I don’t know exactly what he owes for the NYC case, bit it’s 355M minimum, maybe up to 450M and with contingent interest depending on when it’s paid).
He actually has to put the FULL AMOUNT of each settlement for the government to hold for each case he chooses to appeal, and may even owe interest if he loses the appeals.
I’m just a tired stranger on the internet who tried to put some numbers together. If I got something wrong, let me know and I’ll correct it
Hahahahah - have you seen that dude’s tax returns? I’m poor as fuck and I pay more in taxes than that asshole.