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Response to grasswire (Original post)

Thu Mar 24, 2016, 01:14 PM

66. And people wonder why Hillary can't win in November.

 

The foundation is a real problem.

They have "legally" used it to shelter money for years, which will be an interesting subject that will get covered in the general election.

As you know when you "give" to charity it comes off your taxes. However, what MANY of the 1% do is create their own foundation, so they can give LARGE sums to "charity", but they own that charity. It's basically being given a tax break for putting money in the bank. They can, if they run into money trouble, draw a salary from the charity at any time and pay taxes on the money then (of course at a lower rate b/c they likely donated the money from a higher tax bracket than the salary would be at) OR the money could be used to curry favors.

Their finances have been a mess for years (http://www.nytimes.com/2013/08/14/us/politics/unease-at-clinton-foundation-over-finances-and-ambitions.html?_r=1) which is why they are not tracked by charity watch.

It isn't that this is indictable, but it makes Clinton unelectable.

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