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malaise

(268,966 posts)
Tue Dec 27, 2016, 05:30 AM Dec 2016

Looks like Groper Don the Con is worried

http://us.blastingnews.com/news/2016/12/donald-trump-rants-on-twitter-over-trump-foundation-donations-misspells-another-word-001353385.html
<snip>

Donald Trump rants on Twitter over Trump Foundation donations, misspells another word
Donald Trump attempted to defend his charity donations to his own foundation, but once again got caught up without spell check.

Over the year and a half that #Donald Trump campaigned for president, he continued to keep his tax returns private. Trump became the first presidential candidate to win an election without revealing his financial status, which includes his charitable givings and donations.
Trump Foundation

The #Donald J. Trump Foundation is the president-elect's private charity which was created nearly 30 years ago back in 1988. During the campaign, information was slowly leaked about the controversy surrounding the foundation, which includes, but is not limited to, violating IRS tax laws. Since Trump's election win, many wondered what the future would be for the foundation, as it appeared to present a conflict of interest for the new president. Earlier this week, Trump announced that he was planning on closing down the foundation, but took to his offical #Twitter account on December 26 to voice his frustration.

Donald J. Trump

@realDonaldTrump

I gave millions of dollars to DJT Foundation, raised or recieved millions more, ALL of which is given to charity, and media won't report!
9:53 PM - 26 Dec 2016

Bwaaaaaaaaaaaaaaah loads of fun at link
14 replies = new reply since forum marked as read
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BlueStater

(7,596 posts)
1. I wish someone in the media would call him out on his bullshit.
Tue Dec 27, 2016, 05:44 AM
Dec 2016

Unless he releases his tax returns, there's no way to prove that he's ever given a cent to charity.

greymattermom

(5,754 posts)
3. He is claiming that donations to his own foundation are tax deductible
Tue Dec 27, 2016, 06:47 AM
Dec 2016

then buying stuff for himself with the money. Now, New York will be looking into it, and won't they be able to see his tax returns?

no_hypocrisy

(46,088 posts)
5. Trump HAS TO hand over those tax returns to the NYS AG, correct,
Tue Dec 27, 2016, 08:25 AM
Dec 2016

as part of the investigation of the Trump Foundation?

Vinca

(50,269 posts)
8. The charity it appears to be given to is "Donald J. Trump."
Tue Dec 27, 2016, 08:56 AM
Dec 2016

Where's that hideous portrait . . . anyone know?

jmowreader

(50,557 posts)
14. I once knew of someone who promoted a scheme similar to the DJT Foundation
Tue Dec 27, 2016, 02:22 PM
Dec 2016

He lived in Goldsboro, NC, and one of my clients was doing all his marketing materials. He had set up a system where, for "management fees" of 25 percent of your foundation's new assets, he would create an "IRS-registered charitable foundation" in your name. The idea was, you signed over all the money you earned to the foundation so it would be exempt from federal and state taxes, and then you would use foundation monies to pay your ordinary and necessary personal expenses.

He was also selling another product called the Tangible Asset Savings Account (TASA). This was a good one, easy to understand, and almost legitimate. He would sell you Silver Eagle coins - which are one-ounce silver bullion coins produced by the US mint, and completely legitimate as an investment vehicle - for $15 apiece. You would put these coins in a safety deposit box at a bank, and that was your TASA. The "interest" from the account came from their appreciation. The only little problem anyone could have possibly had with the whole scheme, is that when he was running around promoting the benefits of buying Silver Eagles from him for $15 you could buy Silver Eagles from coin dealers for $8.

He should be finishing up the 20 years he got in FCI Butner for conspiracy to evade federal income taxes by the 2020 election.

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