Trump May Have Avoided Paying Taxes for Nearly Two Decades

[jillian]

This is approaching Bernie Madoff level fraud

Legal is not fraud.

Who said what he's Doug is legal?

It's certainly not legal for him to funnel money through his foundation.

 

[jillian]

boe with an "e", s'il vous plait.

The Clinton Foundation used less than 7% of its funding on charities. The rest went to support the Clintons and their vast political and legal retinue. That's a lot of bank.

boe, source? 93% "admin"?

Search engines really are your friends, bub.


The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.

The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends.

On its 2013 tax forms, the most recent available, the foundation claimed it spent $30 million on payroll and employee benefits; $8.7 million in rent and office expenses; $9.2 million on “conferences, conventions and meetings”; $8 million on fundraising; and nearly $8.5 million on travel. None of the Clintons is on the payroll, but they do enjoy first-class flights paid for by the foundation.

In all, the group reported $84.6 million in “functional expenses” on its 2013 tax return and had more than $64 million left over — money the organization has said represents pledges rather than actual cash on hand.

Some of the tens of millions in administrative costs finance more than 2,000 employees, including aid workers and health professionals around the world.

But that’s still far below the 75 percent rate of spending that nonprofit experts say a good charity should spend on its mission....

Charity watchdog: Clinton Foundation a ‘slush fund’ | New York Post

Link to a copy of the actual return, please. I've seen it, and none of this jives with the the foundation's 1040 that I saw.

I'm not your internet librarian. Search for it yourself.

boe, the NYPost article cites a group called Charity Navigator, calling it the most respected watchdog and linking the site. The NYPost claims the Clinton Foundation has no rating. So I went to the site the NYPost linked and found this: Charity Navigator - Rating for The Clinton Foundation

Why would anyone think Rupert Murdoch's rag is truthful?

 

[bullwinkle]

boe, source? 93% "admin"?

Search engines really are your friends, bub.


The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.

The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends.

On its 2013 tax forms, the most recent available, the foundation claimed it spent $30 million on payroll and employee benefits; $8.7 million in rent and office expenses; $9.2 million on “conferences, conventions and meetings”; $8 million on fundraising; and nearly $8.5 million on travel. None of the Clintons is on the payroll, but they do enjoy first-class flights paid for by the foundation.

In all, the group reported $84.6 million in “functional expenses” on its 2013 tax return and had more than $64 million left over — money the organization has said represents pledges rather than actual cash on hand.

Some of the tens of millions in administrative costs finance more than 2,000 employees, including aid workers and health professionals around the world.

But that’s still far below the 75 percent rate of spending that nonprofit experts say a good charity should spend on its mission....

Charity watchdog: Clinton Foundation a ‘slush fund’ | New York Post

Link to a copy of the actual return, please. I've seen it, and none of this jives with the the foundation's 1040 that I saw.

I'm not your internet librarian. Search for it yourself.

boe, the NYPost article cites a group called Charity Navigator, calling it the most respected watchdog and linking the site. The NYPost claims the Clinton Foundation has no rating. So I went to the site the NYPost linked and found this: Charity Navigator - Rating for The Clinton Foundation

Why would anyone think Rupert Murdoch's rag is truthful?

jilli-bean, did you notice the 5 stars rating?

 

[jillian]

Search engines really are your friends, bub.


The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.

The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends.

On its 2013 tax forms, the most recent available, the foundation claimed it spent $30 million on payroll and employee benefits; $8.7 million in rent and office expenses; $9.2 million on “conferences, conventions and meetings”; $8 million on fundraising; and nearly $8.5 million on travel. None of the Clintons is on the payroll, but they do enjoy first-class flights paid for by the foundation.

In all, the group reported $84.6 million in “functional expenses” on its 2013 tax return and had more than $64 million left over — money the organization has said represents pledges rather than actual cash on hand.

Some of the tens of millions in administrative costs finance more than 2,000 employees, including aid workers and health professionals around the world.

But that’s still far below the 75 percent rate of spending that nonprofit experts say a good charity should spend on its mission....

Charity watchdog: Clinton Foundation a ‘slush fund’ | New York Post

Link to a copy of the actual return, please. I've seen it, and none of this jives with the the foundation's 1040 that I saw.

I'm not your internet librarian. Search for it yourself.

boe, the NYPost article cites a group called Charity Navigator, calling it the most respected watchdog and linking the site. The NYPost claims the Clinton Foundation has no rating. So I went to the site the NYPost linked and found this: Charity Navigator - Rating for The Clinton Foundation

Why would anyone think Rupert Murdoch's rag is truthful?

jilli-bean, did you notice the 5 stars rating?

On charity navigator? Yes.

I wasn't the one who said the post said they were unrated.unless you misspoke.

 

[bullwinkle]

Link to a copy of the actual return, please. I've seen it, and none of this jives with the the foundation's 1040 that I saw.

I'm not your internet librarian. Search for it yourself.

boe, the NYPost article cites a group called Charity Navigator, calling it the most respected watchdog and linking the site. The NYPost claims the Clinton Foundation has no rating. So I went to the site the NYPost linked and found this: Charity Navigator - Rating for The Clinton Foundation

Why would anyone think Rupert Murdoch's rag is truthful?

jilli-bean, did you notice the 5 stars rating?

On charity navigator? Yes.

I wasn't the one who said the post said they were unrated.unless you misspoke.

No, I was quoting the Post when I posted that. If you will read the original from the NYPost you will see they claim the Clinton Foundation is not rated because they do not fit a criteria or something like that. But I have to clarify that the Article, first posted by Boedicca here on this thread, is dated April of 2015, so it may have been true at that time. However, like you, I am suspicious of that paper and have been since Jeffords quit the Republican party. Before that I paid them no attention at all. It was a rag even before Murdoch, I think.

 

[Ray From Cleveland]

Donny Freeloader at his finest

How is he a freeloader?

 

[rightwinger]

Donny Freeloader at his finest

How is he a freeloader?

Donny Freeloader doesn't pay taxes

No better than a welfare queen

 

[SYTFE]

Maybe Trump supporters are thinking to themselves, "Since Trump doesn't pay any taxes, if he becomes president, I won't have to pay any taxes either because Trump wants to make America great again."

 

[OKTexas]

This is approaching Bernie Madoff level fraud

Legal is not fraud.

Who said what he's Doug is legal?

It's certainly not legal for him to funnel money through his foundation.

Poor wittle jillie, the topic is the 900+ million write off, do try to keep up.

 

[Admiral Rockwell Tory]

This is approaching Bernie Madoff level fraud

Aaaaaand, you ruin it. It's amazing how often you can start of with a generally valid point of discussion, and then waste no time converting it into full wing-nut mode.

Anyone that could defend Trump isn't worth having a discussion with. You're a supporter of a criminal and a cheat.

You think nothing of this man being a criminal...The double standard this man enjoys is fucking sickening.

You are an idiot of the highest caliber. That is an undeniable fact!

Goodbye!

 

[OnePercenter]

That would be 4%.

You're breaking the law.
Or, in your stupidity, confusing business revenue with income.
Or you live in your parents basement and make minimum wage.

Based on your stupidity, the third choice is most likely.

No. My trust paid 4% of all the money that was made in federal tax.

What percentage of federal tax based on all the money that you made did you pay. I'll bet it's much more than me.

My trust paid 4% of all the money that was made in federal tax.

Cool.
What was the Trust's revenue? What was the Trust's income?

I'll bet it's much more than me.

I have little doubt of that. Not for the reason you claim.

We've already been through that. Look it up.

Ahhh, come on, you can repeat your lies here.

The fact that you can't wrap your head around fact is an effigy to your ignorance.

 

[Ray From Cleveland]

Donny Freeloader doesn't pay taxes

No better than a welfare queen

I see, so what you're saying is that nearly half of the people in our country are freeloaders, because they don't pay any federal income tax either. And I'd be willing to bet most of those are Democrats.

freeloader |ˈfrēˌlōdər|
noun
informal a person who takes advantage of others' generosity without giving anything in return.

 

[Ray From Cleveland]

Maybe Trump supporters are thinking to themselves, "Since Trump doesn't pay any taxes, if he becomes president, I won't have to pay any taxes either because Trump wants to make America great again."

No, we don't have any Obama Money people supporting Trump.

 

[C_Clayton_Jones]

"The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan."

And conservatives want to elect Trump so he can do the same to the American economy.

The blind partisanism practiced by most on the right is truly remarkable.

 

[rightwinger]

Donny Freeloader doesn't pay taxes

No better than a welfare queen

I see, so what you're saying is that nearly half of the people in our country are freeloaders, because they don't pay any federal income tax either. And I'd be willing to bet most of those are Democrats.

freeloader |ˈfrēˌlōdər|
noun
informal a person who takes advantage of others' generosity without giving anything in return.

Let's see

Someone who struggles to support his family not having to pay taxes
Vs
Someone who lives in a penthouse not having to pay taxes

Donny Freeloader

 

[Ray From Cleveland]

"The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan."

And conservatives want to elect Trump so he can do the same to the American economy.

The blind partisanism practiced by most on the right is truly remarkable.

Correct. I don't know how people can pass up the opportunity to elect somebody that's already proven to be incompetent, misleading, dangerous, incapable of understanding classified material, and a down right liar with little accomplishments the entire time she's held any kind of office.

 

[Ray From Cleveland]

Let's see

Someone who struggles to support his family not having to pay taxes
Vs
Someone who lives in a penthouse not having to pay taxes

Donny Freeloader

Maybe you don't understand the word. A freeloader is one who takes from people. Trump didn't take anything from anybody. People on welfare, they take from other people. Food stamp people, they take from other people. People on Obama Care, they take from other people.

 

[OnePercenter]

Donny Freeloader doesn't pay taxes

No better than a welfare queen

I see, so what you're saying is that nearly half of the people in our country are freeloaders, because they don't pay any federal income tax either. And I'd be willing to bet most of those are Democrats.

freeloader |ˈfrēˌlōdər|
noun
informal a person who takes advantage of others' generosity without giving anything in return.

There are three reasons that someone doesn't pay tax.

1) They are cheating.
2) They don't make enough money.
3) They make so much money that they use the goodies that the Republicans wrote for them.

 

[OnePercenter]

This is approaching Bernie Madoff level fraud

Legal is not fraud.

So are you basically saying that ANYTHING done legally is morally right? In any country?

Wouldn't it depend on your standard of morality?

 

[Ray From Cleveland]

There are three reasons that someone doesn't pay tax.

1) They are cheating.
2) They don't make enough money.
3) They make so much money that they use the goodies that the Republicans wrote for them.

No, not exactly. They pay no income tax when they have many deductions.