Donald Trump used small donors’ money to buy nearly $300,000 worth of books from the publisher of his Art of the Deal last month, continuing a pattern of plowing campaign money back into his own businesses.
The Oct. 15 Federal Election Commission filing for Trump Make America Great Again Committee does not specify which books in particular were purchased, but the committee’s own website suggests it was Trump’s 1987 business bestseller.
The scam worked like this. Trump had the campaign buy the books at a higher cost than the standard bulk publishing deal. For every book that the campaign bought, Trump was owed a royalty. It is estimated that the campaign’s book purchase generated $70,000 in royalties for Trump.
The book themselves were then signed and offered back to contributors for a $184 donation to the campaign, which means that Trump managed to make money off of books that he didn’t buy while depriving the Republican Party of resources that it desperately needs on the ground.
The Oct. 15 Federal Election Commission filing for Trump Make America Great Again Committee does not specify which books in particular were purchased, but the committee’s own website suggests it was Trump’s 1987 business bestseller.
The scam worked like this. Trump had the campaign buy the books at a higher cost than the standard bulk publishing deal. For every book that the campaign bought, Trump was owed a royalty. It is estimated that the campaign’s book purchase generated $70,000 in royalties for Trump.
The book themselves were then signed and offered back to contributors for a $184 donation to the campaign, which means that Trump managed to make money off of books that he didn’t buy while depriving the Republican Party of resources that it desperately needs on the ground.
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