Daily Show host Jon Stewart isnt buying the claim by Donald Trump and his allies that the financial fraud he committed for years in New York was a victimless crime.
Stewart on Monday explained how Trump would inflate the value of his assets including the size of his own apartment to secure loans, then undervalue those same assets to cheat on his taxes.
It was all part of a very sophisticated real estate practice known as lying, Stewart said.
And its far from victimless.
First, the banks got paid back at lower interest rates although, to be honest, who gives a shit? he said. But second, money isnt infinite. A loan that goes to the liar doesnt go to someone giving a more honest evaluation.
He said that leads to incentives for corruption.
In addition, he pointed out that Trumps lies on his taxes cost New York City money.
Trump received a financial lifeline on Monday when a New York court ruled that he didnt have to pay the full $464 million bond in his fraud case while its under appeal, and gave him 10 days to come up with $175 million instead.
See Stewarts full takedown of Trumps plight from Monday nights Daily Show below:
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