Real Clear Politics Has Uncovered Yet Another Tax Law Violation by Trump Foundation (Republican, Clinton)
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Trump's foundation looks like just a political slush fund with occasional purchases of Trump portraits to flatter his ego.
Tell us what you feel about the Clintons getting tax deductions for donations to the Clinton Foundation, in exchange for free travel costs ?
We all know you guys on the left hate tax deductions, you whined about them being taken by Romney, claiming he was "stealing" from the taxpayers by not paying his fair share.
And while I admit, the Clintons pay a higher tax rate than most, I dont for a second believe that isnt by design to keep them from being attacked..
Location: Big Island of Hawaii & HOT BuOYS Sailing Vessel
5,277 posts, read 2,790,314 times
Reputation: 1932
Quote:
Originally Posted by pghquest
Tell us what you feel about the Clintons getting tax deductions for donations to the Clinton Foundation, in exchange for free travel costs ?
We all know you guys on the left hate tax deductions, you whined about them being taken by Romney, claiming he was "stealing" from the taxpayers by not paying his fair share.
And while I admit, the Clintons pay a higher tax rate than most, I dont for a second believe that isnt by design to keep them from being attacked..
The Clinton Foundation is a valid charity and the Clinton's donated their own money earned through wages and fees charged to others.
Trump has a habit of saying he will wave his fee, do the engagement for free, and then request the money be sent to his charity.
Thus he avoids paying income on the money diverted to his charity.
Thus he protects the loss he carries forward from income he can't divert.
Thus he can use the funds however he pleases tax free.
Thus the general public must pay more taxes and support Trump.
Thus he is smart and we the people stupid.
.....
Where did the Clinton's go when reimbursed by Clinton Foundation. Was it Vale, or Africa?
You don't seem to be aware that the federal government had gone after Trump many times already.
The earliest case we know of is the US Dept of Justice suing Trump for Anti-trust violation in 1988. Trump lost the case and had to pay $750,000 in penalty and fines.
Quote:
Originally Posted by Steve40th
Exactly, and he hasnt been convicted of any wrong doings. Where did that 750000 go? Was this an out of court settlement?
People Pay fines all the time to IRS, like for not Having ACA.
He WAS convicted of wrong doings! Trump has been convicted of wrongdoing many, many times. This is silly. This attempt to deny facts only make you look utterly ridiculous, it's like you don't actually know the person you're supporting.
Location: Big Island of Hawaii & HOT BuOYS Sailing Vessel
5,277 posts, read 2,790,314 times
Reputation: 1932
Quote:
Originally Posted by pghquest
The Clintons receive FULL Travel expenses from the Clinton Foundation, in exchange for their donations.
They travel, TAX FREE.. while the taxpayer subsidizes it.
ALL travel expenses..
So we both agree they received no salary or any other benefits than travel?
"A spokesperson said that in some cases, when the Clintons travel on foundation business, the foundation pays for their travel service directly."
If the Clintons are on business, especially if they are helping to raise big money for the foundation, why shouldn't the foundation cover the expense? You are trying to make it sound like she is going on vacations to France.
EVERYONE who knows about the Clinton Foundation knows that..
Travel expenses for the Bill, Hillary and Chelsea Clinton Foundation for last year totaled more than $8 million, a greater amount than the nonprofit reported in previous years, according to Internal Revenue Service filings.
So we both agree they received no salary or any other benefits than travel?
"A spokesperson said that in some cases, when the Clintons travel on foundation business, the foundation pays for their travel service directly."
If the Clintons are on business, especially if they are helping to raise big money for the foundation, why shouldn't the foundation cover the expense? You are trying to make it sound like she is going on vacations to France.
If I start a foundation and then donate to it so I can get a tax write off, and then that foundation pays my costs that otherwise, wouldnt be tax deductible, it would be called a tax cheat scam from the left, who ran around whining that things like healthcare costs and mortgage deductions are subsidized by the taxpayers..
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