Hillary brags about the 10% she donates to charity, but she doesn’t clarify, and no reporter ever points out, that the money goes to her foundation. Sure looks and smells like a tax dodge, but I guess some people can get away with it.
It’s all a racket as the funds were political donations from her campaign war chest which all politicians get to take with them when they leave politics. Though the law changed in 1979 and they can no longer apply campaign funds for personal use they get around it by establishing charities which they draw income and expenses off as the administrator. See this 2010 link: http://abcnews.go.com/Business/campaign-finance-senators-house-members-campaign-funds-retire/story?id=10203316
Hillary brags about the 10% she donates to charity, but she doesn’t clarify, and no reporter ever points out, that the money goes to her foundation. Sure looks and smells like a tax dodge, but I guess some people can get away with it.
It’s all a racket as the funds were political donations from her campaign war chest which all politicians get to take with them when they leave politics. Though the law changed in 1979 and they can no longer apply campaign funds for personal use they get around it by establishing charities which they draw income and expenses off as the administrator. See this 2010 link: http://abcnews.go.com/Business/campaign-finance-senators-house-members-campaign-funds-retire/story?id=10203316