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12%  
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  • Is Donald Trump's Fundraising for Wounded Veterans a Tax Scheme?

    01/28/2016 4:50:09 PM PST · by dangus · 42 replies
    Vanity. Is that clear enough for everyone?
    I've seen reports that Donald Trump isn't raising money for Wounded Warriors, but for his own foundation. I'm sure he's not stupid enough not to make sure that every cent he raises doesn't go to disabled veterans. And while I really don't like a lot of things about Trump's campaign or past issues, frankly, it makes sense to have control over the donations so they don't go to the sort of waste typical of many charities. But it turns out that Donald Trump's foundation isn't legally a private charity; it's a public non-profit organization. A "510(c)3," in the parlance of...