Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Trump Foundation Is #LoserDonald's Personal Piggy Bank, Not A Charity
Posted
September 29, 2016
Views
114,469
Likes
2,047
Comments
490
Engagement
2.22%
September 29, 2016
114,469
2,047
490
2.22%
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9:26Now PlayingThe Donald Trump Foundation is technically a charity. Effectively, it’s a money laundering scheme. Cenk Uygur and John Iadarola, hosts of The Young Turks, break it down. Tell us what you think in the comment section below.
"Donald Trump’s charitable foundation has received approximately $2.3 million from companies that owed money to Trump or one of his businesses but were instructed to pay Trump’s tax-exempt foundation instead, according to people familiar with the transactions.
In cases where he diverted his own income to his foundation, tax experts said, Trump would still likely be required to pay taxes on the income. Trump has refused to release his personal tax returns. His campaign said he paid income tax on one of the donations, but did not respond to questions about the others.
That gift was a $400,000 payment from Comedy Central, which owed Trump an appearance fee for his 2011 “roast.”
Then there were payments totaling nearly $1.9 million from a man in New York City who sells sought-after tickets and one-of-a-kind experiences to wealthy clients.”*
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Hosts: Cenk Uygur, John Iadarola
Cast: Cenk Uygur, John Iadarola
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The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 68pm ET.
Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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