Lake Erie Conservative

thoughtful discussion(s) about issue(s)

Posts Tagged ‘charitable contribution’

… Why a Tax Dodge ? [ Bill Clinton ‘ s ” Shell ” Company] …

Posted by paulfromwloh on Saturday,October 22nd,2016

.. simple ..

.. it is used to hide earned income that should be taxed at the rate of ordinary income . It is then passed down from the shell to the ” owner ” [Mr. Bill] as profits and dividends , which are taxed at much different and usually much lower rates of taxation …

.. [h/t — ap.com]..
.. [link] to the news piece ..

.. it can also route the income from the ” shell ” to the foundation , thus gaining charitable contributions . You gain tax deductions from those deductions , instead of paying income taxes on earned income ..

.. it is that simple ..

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… Big Oops !! [#George Stephanoupoulos]…

Posted by paulfromwloh on Sunday,May 17th,2015

.. well , well , well .

.. nice going , Georgie ..

.. hey , dumb – dumb , you are a member of the media , now . You are damn well supposed to disclose this . Not just to ABC , but to Peter Schweizer …

.. what is it ? Georgie made a series of $25k contributions to the Clinton Foundation . He did it in 2011 , 2012 , and in 2013 . It adds up to a total of $75,000 . Not exactly chicken feed , huh …

.. [h/t — WFB.com]..
.. [link] to the blog report …

.. is it a fireable offense ? No . But , is it a suspension – level offense ? Yes , it is . Good ol ‘ Georgie needs to pay a price for his lack of ethics in his profession ..

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