Trump Foundation=ILLEGAL TAX DODGING SCHEME.

[geek tragedy]

It's emerging from many reports that companies like NBC/Universal etc made 'donations' to Trump's foundation in lieu of payments to Trump himself for business activities.

Ordinarily, that would mean Trump would have to report that as income, then take a corresponding charitable deduction.

Maybe he did that, maybe he just considered them to be third party donations with no tax consequences for him.

That would seem to be a six of one, half dozen of the other type of thing. No big deal.

Except, he then used the Foundation as a slush fund to pay for personal or business expenses.

The entire point of the Trump Foundation isn't to steal from donors--it's to help him divert his income into payments for his own personal and businesses' benefit without paying taxes on the income.

So, either he committed tax fraud by either (a) not declaring the income properly or (b) falsely claiming his shuffling of funds through his slush fund as a deduction.

Either way, TAX FRAUD.

[Wellstone ruled]

1. Can you imagine how the

Rethug committee Chair People are burning up the phone lines to prevent this coming to light.

[geek tragedy]

2. best part is this dovetails with his tax returns--there's evidence he's committing tax fraud

even without the tax returns

[bettyellen]

3. Yes- we MUST SEE THE TAX RETURNS

[geek tragedy]

6. he's now in a position where he has to produce the returns to defend against tax fraud charges

the prima facie case is that he's a tax cheat, possibly at the criminal level

[Wellstone ruled]

8. Always wondered why Chaffetz wants to burn

the IRS head. Something is going down,they did not go after certain so called Right Wing Groups unless their was evidence of miss doing.

[geek tragedy]

9. I dunno, Republicans all want to burn the IRS to the ground, it seems

Abolishing the IRS is one surefire way to gain traction in a GOP primary.

[Wellstone ruled]

10. IRS is not going away.

The Right Wing Politicians would not get a pay check. Buckley used to wail against the IRS and it continues today. Every see a Rethug not like a Fee. Same crapola.

[rateyes]

4. And let us not forget that NBC gets to claim

a charitable donation, too! Yet, we are supposed to believe that Lester Holt will be fair and ask Trump about this at the first debate?

[geek tragedy]

5. did they claim it as a business expense or a charitable donation? nt

[rateyes]

7. That's a million dollar question. If they claimed as

a business expense, then Trump is really screwed. But, I doubt they did since it was a check to a non-profit.