Replies

tax free foundation that in reality is a family slush fund.

3 posted on 07/05/2014 12:18:23 PM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)

Are her speeches like her?...double-speak. Yes...but...

6 posted on 07/05/2014 12:22:28 PM PDT by lonestar (It takes a village of idiots to elect a village idiot.)

9 posted on 07/05/2014 12:24:12 PM PDT by Java4Jay (The evils of government are directly proportional to the tolerance of the people.)

tax free foundation that in reality is a family slush fund.

Bingo

23 posted on 07/05/2014 12:45:20 PM PDT by GOPJ (Why no outrage over IRS targeting? Same reason Pravda didn't make a stink about gulags.FREnterprise)

She avoids paying taxes on that income by donating it to the slush fund. And the slush fund pays her mortgage, utilities, food bill, travel expenses, vacation costs, club membership and/or green fees for her husband, etc.

The rest of us have to pay our living expenses out of what remains after taxes. She pays hers out of pre-tax income, and effectively uses those costs as deductions.

Institutionalized corruption. Rahm Emmanuel takes it a step further by declaring his personal home as the office of some tax-free foundation, thus avoiding state and local real estate taxes as well. Funny how these same crooks lecture us about not paying our fair share. Once I saw how John and Teresa Kerry paid a tax rate less than half of what I paid on 1000 times the income, I knew that the level of corruption which permeates our ruling class can never be ameliorated.

29 posted on 07/05/2014 1:04:16 PM PDT by Hoodat (Proverbs 29:2)

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