Not exact matches
The presidents who are
in governance generally give away the
ownership of their assets or create a
blind trust to avoid conflict of interest.
If the call for divestiture to calm the Emolument Clause and / or
blind trust problems is to eliminate any conflicts of interest between President elect Trump's
ownership stakes
in ongoing enterprises, then the remedy can't be a tax event.
Larry Tribe and others believe that President elect Trump's
ownership of active business assets, even
in a
blind trust, would violate, Article I, Section 9, Clause 8 of the Constitution which prevents the President from accepting «presents» or «Emolument» from foreign states.