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brooklynite

(96,882 posts)

6. No its not, for this reason

Reply to NowISeetheLight (Original post)

Thu Apr 11, 2024, 10:58 PM

Apr 2024

Trump is not spending the money because Trump doesn't legally run the PAC. While he benefits from the legal representation, its not considered "income" or a "gift" any more than a Public Defender paid for by the Government is.

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Question - Shouldn't This Be Considered Income? [View all] NowISeetheLight Apr 2024 OP

CREW agrees with you. Frasier Balzov Apr 2024 #1

I agree (long time cpa here). ALBliberal Apr 2024 #2

Every campaign pays for legal services; so does every PAC brooklynite Apr 2024 #7

This is whast's wrong ... KPN Apr 2024 #8

He won't pay a penny. spanone Apr 2024 #3

This message was self-deleted by its author spanone Apr 2024 #4

Jerks like him always seem to get nailed by the IRS Warpy Apr 2024 #5

No its not, for this reason brooklynite Apr 2024 #6

If the ACLU provides you with a free lawyer to argue a reproductive rights case, should you consider that "income"? No. brooklynite Apr 2024 #9

I'm not a tax attorney . . . AverageOldGuy Apr 2024 #10

They can probably argue that it's a legitimate campaign expense unblock Apr 2024 #11