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Stuart G

(38,365 posts)
Tue Jun 28, 2016, 08:32 AM Jun 2016

Trump promised millions to charity. We found less than $10,000 over 7 years.

Source: Washington Post

By David A. Fahrenthold

June 28 at 6:00 AM

In May, under pressure from the news media, Donald Trump made good on a pledge he made four months earlier: He gave $1 million to a nonprofit group helping veterans’ families.

Before that, however, when was the last time that Trump gave any of his own money to a charity?

If Trump stands by his promises, such donations should be occurring all the time. In the past 15 years, Trump has promised to donate earnings from a wide variety of his money-making enterprises: “The Apprentice.” Trump Vodka. Trump University. A book. Another book. If he honored all those pledges, Trump’s gifts to charity would have topped $8.5 million.

But in that time, public records show, Trump donated about $2.8 million — less than a third of the pledged figure — through a foundation set up to give his money away. And there is no evidence that Trump has given to his foundation lately: The last record of any gift from him to his foundation was in 2008.


Read more: https://www.washingtonpost.com/politics/trump-promised-millions-to-charity-we-found-less-than-10000-over-7-years/2016/06/28/cbab5d1a-37dd-11e6-8f7c-d4c723a2becb_story.html

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Trump promised millions to charity. We found less than $10,000 over 7 years. (Original Post) Stuart G Jun 2016 OP
The rich are usually cheapskates...and that includes their wonderful charitable foundations Human101948 Jun 2016 #1
Great story about a terrible story teller. He'll never clear the Convention. marble falls Jun 2016 #2
I wonder if a story like this, and more proof comes..will be the "final straw" Stuart G Jun 2016 #3
Lets face it: the White House is ours to lose. A worry is that if that becomes too obvious .... marble falls Jun 2016 #5
Yet another reason why Republicans idolize Trump Scientific Jun 2016 #4
I hate the flag pins PJMcK Jun 2016 #13
Trump gave millions to his favorite charity rpannier Jun 2016 #6
isn't that "foundation" in the sons name? the son who kills animals on the "charity game reserves"? Sunlei Jun 2016 #7
If this kind sulphurdunn Jun 2016 #8
Can somebody explain to me, how, with damning facts like this coming to light, Surya Gayatri Jun 2016 #9
He isn't, but the media will make up anything to create the illusion of a horse race to sell ads. PSPS Jun 2016 #16
Why is this jerk not bunking with Bernie Madoff? amuse bouche Jun 2016 #10
Trump reminds of sulphurdunn Jun 2016 #11
Well now that u are "baby Xians" tRump Cryptoad Jun 2016 #12
Don the Con only cares about one charity-himself Gothmog Jun 2016 #14
I wish his lies were a crime TexasMommaWithAHat Jun 2016 #15
I am SHOCKED SHOCKED to find gambling going on here. iandhr Jun 2016 #17
No shock there. When was the last time he said ANYTHING truthful? nm emordnilaP Jun 2016 #18
Cheap ass bastard! smirkymonkey Jun 2016 #19
 

Human101948

(3,457 posts)
1. The rich are usually cheapskates...and that includes their wonderful charitable foundations
Tue Jun 28, 2016, 08:41 AM
Jun 2016

4. The charity scam. Another way the wealthy avoid paying taxes on their billions is to make charitable donations. If you donate property, you never have to pay income tax on that donation, whatever it costs you and how much it’s worth right now. Well you might say, at least someone benefits from the charity. Whether or not the charitable donation is a scam in whole or in part depends on the answer to that old question: qui bono? Aka, who benefits? That’s where the real scam takes place.

And there’s no legal requirement that a charity must spend its wealth. In fact, IRS rules require only that charities spend about 5 percent of their investment assets annually, and all or part of this amount can be spent on salaries and “expenses,” rather than devoted to the charitable purpose the charity purports to be serving. So, what happens with a charitable trust, set up by a billionaire, and controlled by one of the billionaire’s children? The child gets a job and a salary for life. Maybe a mansion to live in and entertain in as a fringe benefit. This is a great gig for the heir...

....Bill Gates and Warren Buffett got lots of great press in 2010, when they launched the Giving Pledge, committing America’s wealthiest to giving away half their wealth to charity. Since then lots of big names— Michael Bloomberg, Larry Ellison, Carl Icahn, George Lucas, Michael Milken, Peter Peterson, Ted Turner, Mark Zuckerberg– have all signed on. Sounds great—so philanthropic. Would it be churlish under the circumstances to ask for more details?http://www.salon.com/2013/04/12/10_tax_dodges_that_help_the_rich_get_richer_partner/

Stuart G

(38,365 posts)
3. I wonder if a story like this, and more proof comes..will be the "final straw"
Tue Jun 28, 2016, 08:45 AM
Jun 2016

He promises to give to charities, and gives nothing...Not much to defend..maybe you are correct..."He'll never clear the Convention.

marble falls

(56,359 posts)
5. Lets face it: the White House is ours to lose. A worry is that if that becomes too obvious ....
Tue Jun 28, 2016, 09:12 AM
Jun 2016

will it suppress the vote and we end up with the same Congress and maybe two or three more empty SCOTUS seats.

I may be a minority here but it doesn't matter so much which Democrat holds the White House. Congress is more important.

Scientific

(314 posts)
4. Yet another reason why Republicans idolize Trump
Tue Jun 28, 2016, 09:01 AM
Jun 2016

This kind of BS hypocrisy is a core Republican value,
kind of like when Republicans wear their cute little US flag lapel pins
(made-in-slave factories in China).
Nothing real at all. Just smoke and frikken mirrors, and lies.

Sunlei

(22,651 posts)
7. isn't that "foundation" in the sons name? the son who kills animals on the "charity game reserves"?
Tue Jun 28, 2016, 09:27 AM
Jun 2016

more 'fun' for the fabulously wealthy. "Invest" in a charity breeding farm for elephants, big cats and exotics in some far away lands, make a 250k "donation" to the "Preserve" and kill an elephant, or a rhino with a big horn. Make sure to 'donate' to all the local government officials(permits), it's a deductible business expense anyway.

Use Americas lax for wealthy 'hunters' "trophy" regulations and import that trophy with ivory tusks or rhino horn. Can sell that "trophy" anytime.

 

sulphurdunn

(6,891 posts)
8. If this kind
Tue Jun 28, 2016, 09:32 AM
Jun 2016

of expose gets too much attention, Forbes or other corporate media organs launch counter campaigns explaining how the rich are actually paying way too much in taxes and how they carry all the "lucky duckies" and other free loaders lower on the food chain by creating jobs and sprinkling their largess like manna from heaven upon the undeserving. That's because they're a bunch of softhearted, philanthropic geniuses for whom we should thank our lucky stars and without whom we would be freezing, starving and living in caves.

 

Surya Gayatri

(15,445 posts)
9. Can somebody explain to me, how, with damning facts like this coming to light,
Tue Jun 28, 2016, 09:40 AM
Jun 2016

Trump is up by 12-15 points on Hillary in the "trustworthy and straightforward" category?

amuse bouche

(3,657 posts)
10. Why is this jerk not bunking with Bernie Madoff?
Tue Jun 28, 2016, 09:54 AM
Jun 2016

Does everyone have pay to read articles in Wapo?

This blocking is annoying

 

sulphurdunn

(6,891 posts)
11. Trump reminds of
Tue Jun 28, 2016, 10:07 AM
Jun 2016

one of those, "if they're stupid enough to believe me and let me get away with it, they deserve what they get," grifters who proudly tells you what he really thinks when it doesn't matter.

 

smirkymonkey

(63,221 posts)
19. Cheap ass bastard!
Tue Jun 28, 2016, 07:48 PM
Jun 2016

He doesn't even pay people he owes! He's certainly not going to give away money out of "the good of his heart".

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