Lake Erie Conservative

thoughtful discussion(s) about issue(s)

… the Clintonoids made a Serious Mistake [#Clinton Foundation tax returns]…

Posted by paulfromwloh on Thursday,August 25th,2016

.. the I.R.S. will allow for some errors . Not for major errors ..

.. gifts from US government entities [localities , counties , states , & the feds] are countable as government grants . Those from overseas are not . Those are gifts , no matter what the government they are received from ..

.. [h/t — m.Reuters.com]..
.. [link] to the wire news report …

.. so , the Clinton Foundation has a serious tax problem . It is not just a matter of how these items are reported . It is clearly a matter of how they are supposed to be taxed . Even for a non – profit , some items are taxed ….

.. especially if they are being used as a tax dodge for items that are more properly classified as personal items [earned income or unearned income] to the principles of the foundation . They cannot just use the proceeds of the foundation to enrich themselves …

.. especially when one of the principals is a public servant [ie , Miz Hillary]…

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