Trump’s continued interest in the Trump Organization and his steady stream of monetary and other benefits from foreign powers put him on a collision course with the emoluments clause. Disentangling every improper influence resulting from special treatment of Trump’s business holdings by foreign states would be impossible. The American people would be condemned to uncertainty, leaving our political discourse rife with accusations of corruption. These problems are exacerbated by the fact that Trump has regularly declined to make his business dealings or tax returns transparent. Thus a specter of skewed incentives will haunt a Donald Trump presidency.
[I]t’s apparent that there may be no shortage of ways in which the new President may be violating the Domestic Emoluments Clause, even as the President-elect’s failure to disclose all of his financial holdings and interests makes it impossible to know the true extent of the problem.
Perhaps most significantly, with hotels and property developments all over the United States, it’s possible that Trump has been — and will continue to be — the beneficiary of tax breaks from any number of states. As [The New York] Times has reported, since 1980, Trump “has reaped at least $885 million in tax breaks, grants and other subsidies for luxury apartments, hotels and office buildings in New York.” And that’s just in New York. It’s not difficult to imagine that Trump could use the power of the presidency to “encourage” states and cities to offer similar tax breaks to his properties, or that states and cities could of their own will do so to try to curry favor with the Administration. Likewise, Trump plans to maintain a financial stake in the reality TV show “Celebrity Apprentice.” It’s quite possible that the show might be the recipient of tax incentives and breaks, and that Trump would be one of the people reaping the benefits.