Questions on Trump charity $
DONALD TRUMP’S charity received big sums from companies that owed him money, according to The Washington Post.
Trump’s tax-exempt charitable foundation got $2.3 million from companies who owed him or his companies money, raising questions about whether he asked them to pay money to the charity so he could avoid paying taxes on the sums.
Tax experts told the Post that under most circumstances, Trump still should have been required to pay taxes on that money.
The GOP nominee’s campaign said he did so on one big haul — a $400,000 donation from Comedy Central for participating in one of its roasts — but didn’t respond to questions about the rest of the money.
The rest of that cash — $1.9 million — came from Richard Ebers, a New Yorker who sells exclusive tickets to wealthy clients.
During that entire period, Trump made no donations of his own money to the charity. The last recorded time he’d given to his own foundation was 2008.
Trump campaign spokesman Boris Epshteyn initially told the Post that the real estate mogul never directed money to the foundation, before reversing course after being confronted by evidence of the gifts and claiming that Trump “has followed all applicable rules and regulations.”
People are allowed to ask that money owed them be paid to charity, but if they specify where that money should go, then they’re required to pay income taxes on it.
Trump has refused to release his tax information, which would show whether he paid the required taxes on these gifts. He’s the first presidential nominee in decades not to release the info.