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DonViejo

(60,536 posts)
Tue Jul 12, 2016, 10:20 AM Jul 2016

Liberal group asks IRS to investigate Trump’s purchase of a Tim Tebow-signed helmet...

Liberal group asks IRS to investigate Trump’s purchase of a Tim Tebow-signed helmet with money meant for charity

A watchdog group with ties to Democrats has asked the IRS to investigate Donald Trump's charitable foundation over a report that Trump used money meant for charity to buy a football helmet signed by former NFL star Tim Tebow.

"What's unambiguous is that Mr. Trump...manager and fiduciary of the Foundation's charitable assets, used Foundation dollars to purchase football memorabilia that he personally coveted," wrote Brad Woodhouse of the American Democracy Legal Fund, in a letter to the IRS. Woodhouse is a longtime Democratic operative.

The liberal watchdog said that Trump appeared to have violated rules against "self-dealing," which are designed to keep charity leaders from using their nonprofits to help themselves. It asked that the IRS open an investigation, which could lead to tax penalties for Trump, the foundation's president.

Trump's use of charity money to the helmet was first reported July 1 by The Washington Post.

more
https://www.washingtonpost.com/politics/liberal-group-asks-irs-to-investigate-trumps-purchase-of-a-tim-tebow-signed-helmet-with-money-meant-for-charity/2016/07/12/ac1d1aaf-1f65-47d2-a9ae-57a51452f67e_story.html?
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Liberal group asks IRS to investigate Trump’s purchase of a Tim Tebow-signed helmet... (Original Post) DonViejo Jul 2016 OP
Well, they got Capone for taxes. Orsino Jul 2016 #1
Looks like the fbi will keep busy with this tit or tat. But Trump'e issue need to be looked riversedge Jul 2016 #2
I doubt IRS will look into this yeoman6987 Jul 2016 #3
wasn't the helmet from a charity auction? That 'buy' is considered a 'donation' to a charity. Sunlei Jul 2016 #4

Orsino

(37,428 posts)
1. Well, they got Capone for taxes.
Tue Jul 12, 2016, 10:32 AM
Jul 2016

Sad, though, that so much of what Trump does is not only legal, but actively encouraged.

riversedge

(70,188 posts)
2. Looks like the fbi will keep busy with this tit or tat. But Trump'e issue need to be looked
Tue Jul 12, 2016, 10:33 AM
Jul 2016

into seriously also. The media reported it but it is not on the radar now.

 

yeoman6987

(14,449 posts)
3. I doubt IRS will look into this
Tue Jul 12, 2016, 11:20 AM
Jul 2016

It's about on the level of the request of Hillary losing her clearance. IRS rules are murky at best and trump has a team doing his taxes. Heck we don't even get to see his taxes. Anyone else would be out of the race by now just for that.

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