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Message
re: Update on Clinton Foundation Lawsuit
Posted on 1/24/21 at 10:14 am to BoarEd
Posted on 1/24/21 at 10:14 am to BoarEd
$2.5B in taxes? The Clinton foundation was shady but the number seems a little preposterous. I feel like these folks end up undermining themselves with one line of BS. Also has a tick-tock quality to it it.
6
Posted on 1/24/21 at 10:16 am to cwill
quote:
$2.5B in taxes?
Yes. That much. Did you not watch the hearing where they dropped their evidence in front of the entire world? A federal judge has agreed that the suit should move forward. They never even deserved tax exempt status to begin with.
Posted on 1/24/21 at 10:18 am to cwill
quote:
cwill
Posted on 1/24/21 at 10:25 am to cwill
quote:
$2.5B in taxes? The Clinton foundation was shady but the number seems a little preposterous.
This would mean the Clinton Crime Syndicate was cleaning up with many more billions of dollars than reported, or the figure given is an unreported financial amount that the Clinton's were trying to avoid paying taxes on.
Posted on 1/24/21 at 10:26 am to cwill
quote:
$2.5B in taxes? The Clinton foundation was shady but the number seems a little preposterous. I feel like these folks end up undermining themselves with one line of BS. Also has a tick-tock quality to it it.
That seems a bit high, but that's over many years (since 2001). I think in 2014 alone, it raised over $338,000,000.
If they're going for the UBIT angle, the tax on UBIT by a 501(c)(3) is a 50% rate.
If they're saying - which I think they are - that the foundation never qualified as a 501(c)(3), then the interest and penalties would be massive.
This post was edited on 1/24/21 at 10:29 am
Posted on 1/24/21 at 10:29 am to cwill
quote:
$2.5B in taxes? The Clinton foundation was shady but the number seems a little preposterous. I feel like these folks end up undermining themselves with one line of BS. Also has a tick-tock quality to it it.
You are such a doofus.
Posted on 1/24/21 at 10:37 am to cwill
CCPwill show up to defend the Dems.
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