Trump’s Billion-Dollar Business Fail | The Daily Show - YouTube

Channel: The Daily Show with Trevor Noah

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Ever since President Trump started running four years ago,
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people have been trying to see his tax returns.
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And we found out so many other things about him in that time,
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from what he does with porn stars
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to what he does with flags,
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and they're not that different.
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But we still haven't seen Trump's tax returns.
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No one knows why, but everyone has a theory.
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Some people think it's because he cheated on his taxes
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or because he took money from unsavory people.
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My conspiracy theory
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is that he's hiding the extra income he makes
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by working part-time at TGI Friday's.
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He's like, (mimics Trump): "Folks, today's special
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"is something I invented myself.
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It's called nachos."
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(regular voice): Now, no one knows, no one knows for sure
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what's hiding in Trump's taxes, but last night,
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The New York Times found out what he used to be hiding.
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TV REPORTER: This morning, a bombshell report
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in The New York Times is casting doubt
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on President Trump's self-proclaimed wealth.
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The Times, reporting it has obtained years worth
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of previously unrevealed figures
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from the president's federal income tax returns.
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The real estate mogul spent at least ten years in the red,
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reporting business losses totaling over $1 billion
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from 1985 to 1994.
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According to The Times, year after year,
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Mr. Trump appears to have lost more money
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than nearly any other individual American taxpayer.
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Holy shit.
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For ten years, Donald Trump might have lost more money
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than any person in America?
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That is crazy.
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The guy who lost the most money
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is the same guy who claims to be the best businessman.
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It's like finding out that Hugh Hefner died a virgin.
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I did not see that coming.
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(laughter)
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But this just shows how good Trump is
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at inflating his success, right, because during some
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of those years when Trump was hemorrhaging money
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and on the verge of bankruptcy, he managed to get himself
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on the Forbes Richest People list.
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When in reality, he should have been
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on the Forbes Broke-Ass Bitch list, right?
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Which isn't a real list but I think it should be.
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Yeah. 'Cause it would pretty great if they were just once
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a year, they were like, "At number six, Craig,
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his broke-ass still using an iPhone 3."
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And you might think it's bad news for Trump
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to be exposed like this, but that's because
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you're looking at all of this the wrong way.
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TV REPORTER: He lost a lot of money over the course
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of ten years if you consider a billion dollars a lot of money.
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If anything, you read this, and you're like,
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wow, it's pretty impressive
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-all the things that he's done in his life. -Right.
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It's beyond what most of us could ever achieve.
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I don't know that there's any suggestion
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that he broke the law.
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You know, say what you will about Fox & Friends,
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but when they're with you, they are with you.
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Ride or die.
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That's a squad I want in my life.
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They'll spin any negative into a positive.
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Like, every leader would be lucky
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to have that kind of support.
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If Kim Jong-un had a Fox & Friends,
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they'd be like, "This haircut is the best one yet."
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Every leader.
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Hitler's Fox & Friends would have been like,
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(with German accent): "You know, the haters are saying
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"that he's a mass murderer, and he lost the war,
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"but people don't focus on how well-traveled he was.
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"Yah. All the way from Paris to Russia in just a year.
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"Yah. And Charlie Chaplin even made a movie about him.
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How many people can say that? Yah."
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(normal voice): And here's the thing,
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Fox & Friends aren't outliers.
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Many Trump supporters feel that Trump losing $1 billion
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just shows how successful he was.
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You have to have a billion to lose a billion.
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And if you go to MAGA country, you'll see that some of them,
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hey think this whole story should be thrown out.
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TV REPORTER: Do you care about Trump's tax returns?
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-Not at all. I don't care -Not at all?
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about anybody's tax returns; it's their business.
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Do you care about Trump's tax returns?
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No. I don't really give
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-All right. Don't curse. -a rear end about them.
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I-- That's what I'm trying to do--
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I don't care if anybody shows it or not.
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It's their personal life, their personal business.
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Leave it alone.
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Okay, I hear what this guy is saying.
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It's his personal business, just leave it alone.
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I do have one question, though:
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how many eggs is this guy eating?
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(laughter)
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(applause)
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Like, who needs to eat that many eggs?
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Is... Is he fighting Apollo Creed?
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And you know what's most impressive,
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is that's what he ordered when he knew
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there was gonna be a TV crew.
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Right? He was like, "Oh, the camera crew is here.
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"Better go easy and just order one carton
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of eggs today, Billy.”
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But, seriously, though, seriously, though,
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the story just shows you
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how we're all totally living in different bubbles, right?
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One side hears about the story of Trump's taxes
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and they think it proves that he's a shady loser.
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The other side hears the story and they go, "Wow.
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He's so rich, he had a billion dollars to lose."
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One side says a president should be transparent
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about his finances, the other side says
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that's his private business.
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One side says "I'll have the egg white omelet for breakfast."
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And the other side says, "And I'll take all of his yolks."