Another tax bombshell: Daddy Trump had to set up $38 million slush fund to bail Donald out prior to 1980
"Based upon files found at Division of Gaming Enforcement for the New Jersey Department of Law and Public Safety, Trump applied for a gaming license in 1980 which led to a state investigation into his background. What they uncovered was the fact that Trump had suffered a series of financial setbacks as a developer in the late 70’s that forced him to turn to his father for financial help in the form of a $38 million credit line at the bank — which Trump promptly maxed out."
