Started By
Message

re: NyAG brings civil suit against the Trump Foundation and its Board of Directors

Posted on 6/14/18 at 12:55 pm to
Posted by moneyg
Member since Jun 2006
63111 posts
Posted on 6/14/18 at 12:55 pm to
It’s so obvious that this was timed with the release of the OIG report.

Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 6/14/18 at 12:55 pm to
quote:

truly a caricature of what liberals think of conservative from the sticks.



Who is owning your arse.
Posted by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 6/14/18 at 12:55 pm to
Bond has completely owned you and made you look like the
quote:

low morals, low standards, willfully ignorant simpleton
that you are
Posted by Dead End
Baton Rouge
Member since Aug 2013
21237 posts
Posted on 6/14/18 at 12:57 pm to
Nice melt retard.

Now go play with your coloring books and blocks. Leave politics to the adults.
Posted by TBoy
Kalamazoo
Member since Dec 2007
28603 posts
Posted on 6/14/18 at 12:58 pm to
Well, you are completely full of shite if you think Trump can use a tax exempt organization to pay a private lawsuit settlement. If you are giving that advice you should self report right now.
Posted by buckeye_vol
Member since Jul 2014
35381 posts
Posted on 6/14/18 at 12:59 pm to
quote:

It’s so obvious that this was timed with the release of the OIG report.
Like I said earlier, it was an investigation that began in 2016; the AG for New York resigned recently so this is the newly sworn in AG; and we just recently found out when the OIG report was going to be released anyways. So he could have been done to divert from it, but a lot of stuff had to happen to fall into the small time window for that to happen.

Regardless, it's not like we have to focus on one or the other. Both are official legal investigations by a government, and neither will probably change anyone's views at this point. And the legal ramifications aren't dependent on any there actually being any political ramifications.
Posted by TigerDoc
Texas
Member since Apr 2004
11880 posts
Posted on 6/14/18 at 12:59 pm to
quote:

Doc. I beseech you. Save yourself the embarrassment


No worry about that.

They lay it on think here with the "under penalty of perjury" references. Can you be prosecuted for false statements on a 990?

Posted by spacewrangler
In my easy chair with my boots on..
Member since Sep 2009
9880 posts
Posted on 6/14/18 at 12:59 pm to
quote:

2. Is Fisher House a non profit? I


Yes it is, Lookup Fisher House Foundation.
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
39538 posts
Posted on 6/14/18 at 1:03 pm to
quote:

I woujld have a link but its just being reported right now. literally they dropped the papers 3 mins ago.
and so you sprinted over as fast as you could like a little bitch because you just had to show us you got him this time
Posted by BBONDS25
Member since Mar 2008
59474 posts
Posted on 6/14/18 at 1:03 pm to
quote:

but it was actually illegal.


The donation is definitely not illegal. Whether that satisfies the obligations created by the settlement and whether that constitutes self-dealing is the issue. The penalty for self dealing is an excise tax...to the person who is self dealing, tack 120k on Trumps return and that's it.
Posted by buckeye_vol
Member since Jul 2014
35381 posts
Posted on 6/14/18 at 1:05 pm to
quote:

Yes it is, Lookup Fisher House Foundation.

The issue isn't whether the Foundation can give the Fisher House a donation; this issue is whether he can use the Foundation to pay settlement against the Organization that specified the Fisher House as the recipient.

Like I said, I think it's one of two things"

1. It's perfectly legal, and that's why he agreed to give to Fisher House because he could legally use his Foundation's money.

2. It's illegal, but since it would typically be seen by the state and/or federal government as Foundation giving to another Foundation, it wouldn't receive any scrutiny unless someone took the time to review a settlement with a local government.
Posted by BBONDS25
Member since Mar 2008
59474 posts
Posted on 6/14/18 at 1:06 pm to
quote:

They lay it on think here with the "under penalty of perjury" references. Can you be prosecuted for false statements on a 990?


Well first....you are taking allegations in a petition as fact. A very risky move, counselor.

Second...the penalty for self-dealing (even if you claim you didn't self-deal on the 990) is a tax penalty on his personal return. Nothing criminal. It's literally a nothingburger.

That is assuming there was prohibited self dealing (not all self dealing is prohibited).
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98294 posts
Posted on 6/14/18 at 1:07 pm to
quote:

buckeye_vol


Stop acting like you know anything
Posted by buckeye_vol
Member since Jul 2014
35381 posts
Posted on 6/14/18 at 1:09 pm to
quote:

The donation is definitely not illegal. Whether that satisfies the obligations created by the settlement and whether that constitutes self-dealing is the issue. The penalty for self dealing is an excise tax...to the person who is self dealing, tack 120k on Trumps return and that's it.
I get that, and obviously I don't necessary mean illegal is criminal. That's why I think either it was great deal making, knowing he could legally use the Foundation instead of the business. Or it was illegal, but he knew no one would catch it unless they really scrutinized it, and obviously that was true until scrutinized when he became a major candidate.

Either way, legal and just good deal making or not, it's seems quite swamp-like to me.
This post was edited on 6/14/18 at 1:10 pm
Posted by BBONDS25
Member since Mar 2008
59474 posts
Posted on 6/14/18 at 1:09 pm to
quote:

Well, you are completely full of shite if you think Trump can use a tax exempt organization to pay a private lawsuit settlement. If you are giving that advice you should self report right now.


ok. So we have established you don't know how trusts and private foundations and public charities work and relate to eachother. Now let's discuss this particular claim of yours. I don't think I disagree with you. However, prior to patting you on the back, which provision of the code does this violate. Also, can you provide a copy of the settlement of TRUMP's lawsuit so we can see what was agreed to?

Finally....if we do end up agreeing...what is the penalty for such self-dealing?
Posted by BBONDS25
Member since Mar 2008
59474 posts
Posted on 6/14/18 at 1:10 pm to
quote:

no you are low morals, low standards, willfully ignorant simpletons, truly a caricature of what liberals think of conservative from the sticks.


Facts scare the liberal caricature. And I am from San Francisco. Moron.
Posted by More&Les
Member since Nov 2012
14684 posts
Posted on 6/18/18 at 10:49 pm to
quote:

You can call me an idiot


why would we?

quote:


And I realize Trump is not good for this country


yep, you're an idiot
first pageprev pagePage 9 of 9Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram