Jon Stewart Dismantles Trump’s 2-Word Defense Strategy

“Daily Show” host Jon Stewart isn’t 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 it’s 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 isn’t infinite. A loan that goes to the liar doesn’t go to someone giving a more honest evaluation.”

He said that leads to incentives for corruption.

In addition, he pointed out that Trump’s lies on his taxes cost New York City money.

Trump received a financial lifeline on Monday when a New York court ruled that he didn’t have to pay the full $464 million bond in his fraud case while it’s under appeal, and gave him 10 days to come up with $175 million instead.

See Stewart’s full takedown of Trump’s plight from Monday night’s “Daily Show” below:

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