#trumpswindle | #WhatTheyVotedFor
“Take a moment to imagine the feeding frenzy that would exist right now if, just two weeks after the election, the Clinton Foundation quietly told the IRS it broke the law.”
The msnbc producer and blogger has a point. For all the scandalmongering about family foundations, we knew before the election that the Donald J. Trump Foundation had some skeletons in its closet.
We might, then, turn to the Washington Post and the incomparable David A. Fahrenthold:
President-elect Donald Trump’s charitable foundation has admitted to the IRS that it violated a legal prohibition against “self-dealing,” which bars nonprofit leaders from using their charity’s money to help themselves, their businesses or their families.
That admission was contained in the Donald J. Trump Foundation’s IRS tax filings for 2015, which were recently posted online at the nonprofit-tracking site GuideStar. A GuideStar spokesman said the forms were uploaded by the Trump Foundation’s law firm, Morgan, Lewis and Bockius ....
.... In one section of the form, the IRS asked if the Trump Foundation had transferred “income or assets to a disqualified person.” A disqualified person, in this context, might be Trump―the foundation’s president―or a member of his family, or a Trump-owned business.
The foundation checked “yes.”