In 2010, Donald Trump owed the state of New Jersey an astonishing $30 million in income taxes. However, once his longtime friend, Chris Christie, took office as the governor of New Jersey, $25 million disappeared from Trump’s tax bill.
Before Christie was elected, the state of New Jersey was actively pursuing Trump in order to get the $30 million he owed in back taxes and interest. However, just a year later, they had a quick change of heart and were coerced into removing Trump’s debt and accepting only $5 million of the $30 million he originally owed.
The New York Times recently questioned Christie’s loyalty to the state and his blatant favoritism of Trump:
‘Tax authorities sometimes settle for lesser amounts to avoid the costs and risks of further litigation, legal experts said, but the steep discount granted to the Trump casinos and the relationship between the two men raise inevitable questions about special treatment.’
Christie and Trump have often been seen together on the campaign trail. They have also had double dates with their wives, and Christie was invited to Trump’s most recent wedding. Trump seems to keep Christie close as a twisted form of repayment for getting him out of his tax flop.
At the Republican National Convention, Christie announced,
‘Donald and I, along with Melania and Pat, have been friends for over a decade. He has been a good and loyal friend.’
Christie’s views on “good” and “loyal” are clearly skewed, as Trump uses Christie as his personal assistant without the pay. Christie does everything from campaigning for Trump to ridding him of his debts, all while Trump uses manipulative tactics to keep Christie at bay.
Christie and Trump have bonded over money and money alone. Though Trump claimed he could not pay the back taxes he owed in New Jersey, when Christie became governor, Trump “made large donations to the Drumthwacket Foundation, which finances maintenance and improvements to New Jersey’s historic governor’s residence.” He also “made large contributions to the Republican Governors Association when Mr. Christie was its chairman.”
This money-fueled friendship has not only helped Trump avoid paying back taxes to the state of New Jersey, but it has also helped him destroy the state’s economy, one failed business at a time.
Referring to Trump’s casinos, The New York Times reports,
‘He reaped millions of dollars in fees and bonuses from the company, even as it underperformed competitors, lost money every year and saw its stock collapse.’
As Trump’s businesses fail, he continues to get a paycheck. The thousands of families affected by his business failures are looked at as minuscule complications as long as Trump is still bringing in money.
Trump has a history of avoiding paying his debts, as well as his employees and the companies he works with. He has manipulated his way through the ranks and now, with Christie wrapped around his stubby finger, it is highly unlikely that Trump will ever have to pay a cent of the money he owes.