Posted on 04/11/2016 8:20:52 AM PDT by SeekAndFind
In a lengthy analysis of data provided by the Trump campaign, Washington Post writers David A. Fahrenthold and Rosalind S. Heiderman find that claimed charitable contributions by Donald Trump included no actual cash from his personal funds.
Since the first day of his presidential campaign, Donald Trump has said that he gave more than $102 million to charity in the past five years.
To back up that claim, Trump’s campaign compiled a list of his contributions — 4,844 of them, filling 93 pages.
But, in that massive list, one thing was missing.
Not a single one of those donations was actually a personal gift of Trump’s own money.
Instead, according to a Washington Post analysis, many of the gifts that Trump cited to prove his generosity were free rounds of golf, given away by his courses for charity auctions and raffles.
Another substantial source of charitable deductions was “land-conservation agreements to forgo development rights on property Trump owns.”
Both of these categories of charity are entirely legitimate. But they do not involve taking money out of a bank and giving to others. Instead, they forego opportunities to make money in the future, and generate tax deductions today.
Additionally, the $102 million figure includes donations by the Donald J. Trump Foundation, but as the reporters show, funding for that foundation has, in recent years, come from others.
(Excerpt) Read more at americanthinker.com ...
What’s this? Nothing positive to post about Mr. Haney...even after his epic “win” in Colorado this past weekend? I thought you Cruz supporters would be celebrating today.
Strange times indeed.
What does this prove? that Trump donated money the most tax-efficient way? Who doesn’t do that?
Whether it came from his foundation or his “personal” money - its all money he earned and created himself, is it not?
Democraps use other people’s money. Welfare, subsides, healthcare...
{Instead, according to a Washington Post analysis, many of the gifts that Trump cited to prove his generosity were free rounds of golf, given away by his courses for charity auctions and raffles.
Another substantial source of charitable deductions was land-conservation agreements to forgo development rights on property Trump owns.]
These are called “gifts in kind”. These are common practices with philanthropic organizations.
I don’t understand the problem the article is trying to raise?
What a pile of BS.
So you’re saying Trump is like Ted Cruz? Make millions, give nothing to charity? LOL.
No, that Trump himself didn’t make any charitable contributions.
He just gave 100K to the 9-11 memorial this weekend!!
Wow to haters ever hate. Amazing how so called self professed conservatives bong the elite establishment kool-aid. Probably take it as an enema too. Drunk on it for sure.
I agree with Jim;
http://www.freerepublic.com/focus/news/3418598/posts?page=62#62
So, because of Trump and entities he controls, $102 million worth of goods and services were utilized for charitable purposes and this is somehow something to be held against him?
SMH
Trump gave 1 million to his vet charity fund raiser.
Anyone remember slick willy and the hildabeast deducting $10 apiece, on their taxes, for his donated used underwear?
It is not. Foundation money is solicited from others.
Your nothing burgers are becoming stale.
It proves tha Trump isn’t the philanthropist he claims to be.
Bet he claimed it all on his TaX Returns though, <synnic
IF you want to see something funny, check out the latest polls. Cruz tanking to 3rd in NY, PA and MD. LOL.
http://www.realclearpolitics.com/epolls/latest_polls/
Just like when I posted this earlier. It will be removed in 3. . . 2. . . 1. . .
Is this writer trying to accuse Donald Trump of not taking a tax break for those out of pocket donations and helpful kindnesses we’ve managed to learn about like the soldier stuck in the mexican prison for a non-crime? There are a lot of other people he’s helped out along the way...personally...
Well I’ll be dipped in wonder! The so-called ‘opportunist’ failed to take advantage of the disadvantaged to help himself tax-wise?”
Like I said, dip me in wonder, because I will never cease to be amazed that there ARE people who are actually generous, caring, wonderful people in the world, and Donald J. Trump happens to be one of them.
At least it wasn’t used Jockey shorts & socks that the Clintons said constituted a ‘charitable donation’ on their tax returns.
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