2016 Nov 3, 11:05am
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The 65-story Trump International Hotel & Tower Toronto has all the glitz and ambition of the luxury-brand businessman with his name in giant letters near its spire. Itâ€™s the tallest residential skyscraper in Canada, and probably the fanciest. The hotelâ€™s sleek cream-and-black interiors were inspired by Champagne and caviar. Every room features Italian Bellino linens and Nespresso coffeemakers. Guests can book a Trump Experience outing through the Trump Attache concierge service. Their furry friends are eligible for the Trump Pets program, which â€œwill fill your best Fidoâ€™s tummy with gourmet treats, and see them off to sleep on a plush dog bed.â€This Trump-branded and Trump-managed jewel is also, as a business venture, a bust.
As long as it made someone really rich before it went down, it served its purpose. It's all about moving wealth from pot one to pot two, and declaring bankruptcy on pot one. Double points of you can find or engineer a gray area in the tax code to avoid taxes on the forgiven debt. Pay me 1.5 million, and I'll come give a speech and share my most secret loopholes.
It probably made money for the racist gangster who gambled there and looked like he lost money but probably was skimming off Trump, and he didn't want to gamble where blacks or women were around and the hotel accommodated him.
JMO, so the legal bastards can know it is my opinion about the skimming. But he was eventually banned from all casinos in NJ.
So he tried rasslin' and it didn't work.