- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Trump Foundation will dissolve
Posted on 12/19/18 at 10:17 am to BBONDS25
Posted on 12/19/18 at 10:17 am to BBONDS25
quote:
If he doesn’t find it moving forward it will result in a net gain for his bottom line.
The state of NY through the AG is suing him for $2.8MM, arguing that he has been using it for his own purposes (shocker). With the charity shut down, he will no longer be able to enrich himself with charitable funds, which will decrease his bottom line...
quote:
What purposes were illegitimate? What amounts of money are we talking about? Let’s calculate the deduction advantage and run the numbers. It’s a math problem. I’ll anxiously await your input.
It's not a math problem yet--we don't know how much he was taking off the top yet (though the AG has a good idea after a several-year-long investigation, hence the lawsuit). There are also areas which are harder to quantify impact, but nevertheless will def. impact him--the fact that the charity is shut down (and the AG is shooting for precluding Trump and his family from being on other boards) will invariably hurt his ability to curry political favors as well.
We'll ultimately have to wait and see, but pretending this is a good thing for Trump is just comedy in its purest form--like everything else that seems to spill out daily, this is one cut of a thousand that will ultimately fell him and his family.
Popular
Back to top
Follow TigerDroppings for LSU Football News