Years ago, I was told that you can only claim 25% of the value of an item that is donated. If she claimed $50,000, then the value of the items she donated should have been $200,000. For clothes? Wow! If the items weren’t worth $200,000, then The Faker may need to recalculate and refile her tax returns, ya think?
“... I was told that you can only claim 25% of the value of an item that is donated ...”
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You were told wrong.
warren is so stupid by my account on this clothing bit.
Maybe she’s just too damn lazy . She thinks she knows all
about money but if she took her clothing & accoutremonts
to a consignment shop she’ make something off of it...
pardon my cynicism
Eh. That's just one or two of the designer gowns that were "donated" to Michelle Obama for formal White House events.
Well when the designer donated the clothes to Elizabeth Warren, the designed said they were worth $200,000. At lease that what he deducted on his taxes?