Donald Trump: The least charitable billionaire in the world

[Katzndogz]

You are talking only about his foundation. Trump supports other charities too.

List here

Donald Trump: Charity Work & Causes - Look to the Stars

Not to mention direct aid that is not tax deductible such as transporting an ill child to medical care. He paid many of the legal bills for Tamoorhesi, the marine wrongfully held in prison in mexico. He also sent Tamoorhesi money to help him get started in life. None of that is tax deductible.

Contrasted with the Clintons who give enormous amounts of money from speaking fees to their private foundation, then draw on the foundation to provide a pretty lavish lifestyle.

The Clinton's do much more charitable work than Trump

The Clinton's have provided their tax forms.....where are Trumps?

Which ones? How many versions have they trotted out now?

I gave you a list. If you want to refute the list, let's see your evidence.

 

[kaz]

Trump only OWES what he is REQUIRED to give . Is there a LEGAL requirement to provide charity giving ?? I don't know the answer RWinger !!

Relates to character

Indeed it does. How many lawyers have had colleagues wish they could fire them for being unethical liars as Hillary has?

Interesting....thanks for posting

I'm curious why you have all these standards for Republicans you don't have for Democrats, Comrade Big Guy. Have you just already given up on Democrats as the useless losers that they are?

 

[rightwinger]

Donald Trump: The Least Charitable Billionaire In The World

From 1990 through 2009, Trump has personally donated a total of just $3.7 million to his foundation, which was incorporated in 1987. In fact, the billionaire is not even the largest contributor to his own charitable organization.



http://newsexaminer.net/politics/donald-trump-the-least-charitable-billionaire/

You know that warren buffet and bill gates just use their foundations to hide their money...right? They get massive tax breaks on their investments within those foundations...right? And with all the jobs he creates, he is helping a lot of people who work to support themselves. And finally, a left wing hit piece on Trump...not surerising.

Yes...giving away your money does create tax breaks

I do appreciate all the maids and landscapers that Trump hires....since he claims to be such a huge supporter of our veterans ( unlike McCain) ...when is Trump going to start hiring some veterans?

 

[Redfish]

Donald Trump: The Least Charitable Billionaire In The World

From 1990 through 2009, Trump has personally donated a total of just $3.7 million to his foundation, which was incorporated in 1987. In fact, the billionaire is not even the largest contributor to his own charitable organization.



http://newsexaminer.net/politics/donald-trump-the-least-charitable-billionaire/

You know that warren buffet and bill gates just use their foundations to hide their money...right? They get massive tax breaks on their investments within those foundations...right? And with all the jobs he creates, he is helping a lot of people who work to support themselves. And finally, a left wing hit piece on Trump...not surerising.

Yes...giving away your money does create tax breaks

I do appreciate all the maids and landscapers that Trump hires....since he claims to be such a huge supporter of our veterans ( unlike McCain) ...when is Trump going to start hiring some veterans?

how do you know he doesn't?

but if you want to talk about charitible foundations, lets discuss the clinton foundation. We can start with Chelsea and her 600K salary.

do you really want to talk about charities and dems?

 

[Redfish]

Donald Trump: The Least Charitable Billionaire In The World

From 1990 through 2009, Trump has personally donated a total of just $3.7 million to his foundation, which was incorporated in 1987. In fact, the billionaire is not even the largest contributor to his own charitable organization.



http://newsexaminer.net/politics/donald-trump-the-least-charitable-billionaire/

You know that warren buffet and bill gates just use their foundations to hide their money...right? They get massive tax breaks on their investments within those foundations...right? And with all the jobs he creates, he is helping a lot of people who work to support themselves. And finally, a left wing hit piece on Trump...not surerising.

Yes...giving away your money does create tax breaks

I do appreciate all the maids and landscapers that Trump hires....since he claims to be such a huge supporter of our veterans ( unlike McCain) ...when is Trump going to start hiring some veterans?

how do you know he doesn't?

but if you want to talk about charitible foundations, lets discuss the clinton foundation. We can start with Chelsea and her 600K salary.

do you really want to talk about charities and dems?

'

sorry, typo. her 6 million salary.

 

[browsing deer]

Donald Trump is a two faced arsehole. The guy has been a Democrat longer than he's been a Republican.

You can measure the time he has been a republican in days

 

[nuhuh]

Gee if we were talking about a $2 billion dollar business no one would blink at a $6 million salary. But it's a Clinton, so it calls for apeshit.

 

[Redfish]

Donald Trump is a two faced arsehole. The guy has been a Democrat longer than he's been a Republican.

You can measure the time he has been a republican in days

He is not really alligned with either party. He is running as a republican for convenience.

What he is is a successful guy who knows what is needed to get this country back on track.

He owes no favors to any special interests or party bosses. He is exactly what we need.

 

[Redfish]

Gee if we were talking about a $2 billion dollar business no one would blink at a $6 million salary. But it's a Clinton, so it calls for apeshit.

they call it a charity. What it really is is a source of income for the three of them and a bunch of their cronies. Its a sham. are you really so dumb that you can't see that?

 

[2aguy]

Donald Trump: The Least Charitable Billionaire In The World

From 1990 through 2009, Trump has personally donated a total of just $3.7 million to his foundation, which was incorporated in 1987. In fact, the billionaire is not even the largest contributor to his own charitable organization.



http://newsexaminer.net/politics/donald-trump-the-least-charitable-billionaire/

You know that warren buffet and bill gates just use their foundations to hide their money...right? They get massive tax breaks on their investments within those foundations...right? And with all the jobs he creates, he is helping a lot of people who work to support themselves. And finally, a left wing hit piece on Trump...not surerising.

Yes...giving away your money does create tax breaks

I do appreciate all the maids and landscapers that Trump hires....since he claims to be such a huge supporter of our veterans ( unlike McCain) ...when is Trump going to start hiring some veterans?

No...gates and buffet aren't giving away money...they invest it from those charities and then get tax breaks because the charity is making the investment.....that is how they make the money on those charities. Not giving the money away.

 

[rightwinger]

Trump trashed John McCain for being a loser POW and not doing enough to help Veterans

Trump boasts he is worth $10 billion......what has the Trump foundation done for our veterans? How many veterans has Trump employed?

 

[rightwinger]

Donald Trump: The Least Charitable Billionaire In The World

From 1990 through 2009, Trump has personally donated a total of just $3.7 million to his foundation, which was incorporated in 1987. In fact, the billionaire is not even the largest contributor to his own charitable organization.



http://newsexaminer.net/politics/donald-trump-the-least-charitable-billionaire/

You know that warren buffet and bill gates just use their foundations to hide their money...right? They get massive tax breaks on their investments within those foundations...right? And with all the jobs he creates, he is helping a lot of people who work to support themselves. And finally, a left wing hit piece on Trump...not surerising.

Yes...giving away your money does create tax breaks

I do appreciate all the maids and landscapers that Trump hires....since he claims to be such a huge supporter of our veterans ( unlike McCain) ...when is Trump going to start hiring some veterans?

No...gates and buffet aren't giving away money...they invest it from those charities and then get tax breaks because the charity is making the investment.....that is how they make the money on those charities. Not giving the money away.

Link

 

[nuhuh]

Gee if we were talking about a $2 billion dollar business no one would blink at a $6 million salary. But it's a Clinton, so it calls for apeshit.

they call it a charity. What it really is is a source of income for the three of them and a bunch of their cronies. Its a sham. are you really so dumb that you can't see that?

You know what I know? I know that George Bush charges disabled veterans $100,000 to give a speech. So don't talk to me about how Godly Republicans are when it calls for giving back to people.

 

[Redfish]

Trump trashed John McCain for being a loser POW and not doing enough to help Veterans

Trump boasts he is worth $10 billion......what has the Trump foundation done for our veterans? How many veterans has Trump employed?

go on his website and ask the question. you might be surprised. But you really don't want to know do you? this is just more of your partisan bullshit rhetoric.

 

[Redfish]

Gee if we were talking about a $2 billion dollar business no one would blink at a $6 million salary. But it's a Clinton, so it calls for apeshit.

they call it a charity. What it really is is a source of income for the three of them and a bunch of their cronies. Its a sham. are you really so dumb that you can't see that?

You know what I know? I know that George Bush charges disabled veterans $100,000 to give a speech. So don't talk to me about how Godly Republicans are when it calls for giving back to people.

Is Bush running for anything in 2016? How much do bubba and the hildebeast charge for a speech? Answer: more than bush.

 

[browsing deer]

Donald Trump is a two faced arsehole. The guy has been a Democrat longer than he's been a Republican.

You can measure the time he has been a republican in days

He is not really alligned with either party. He is running as a republican for convenience.

What he is is a successful guy who knows what is needed to get this country back on track.

He owes no favors to any special interests or party bosses. He is exactly what we need.

He is being A democrat stooge for destroying the Republican party for Hillary's benifit

 

[2aguy]

Donald Trump: The Least Charitable Billionaire In The World

From 1990 through 2009, Trump has personally donated a total of just $3.7 million to his foundation, which was incorporated in 1987. In fact, the billionaire is not even the largest contributor to his own charitable organization.



http://newsexaminer.net/politics/donald-trump-the-least-charitable-billionaire/

You know that warren buffet and bill gates just use their foundations to hide their money...right? They get massive tax breaks on their investments within those foundations...right? And with all the jobs he creates, he is helping a lot of people who work to support themselves. And finally, a left wing hit piece on Trump...not surerising.

Yes...giving away your money does create tax breaks

I do appreciate all the maids and landscapers that Trump hires....since he claims to be such a huge supporter of our veterans ( unlike McCain) ...when is Trump going to start hiring some veterans?

This explains why gates and buffet hide their money in their foundations......

Articles: Private Foundations: Benefactors or Malefactors?

The endowment is donated free of gift tax, and is also removed from the reach of otherwise applicable death taxes. Moreover, the founder receives an immediate deduction from his income taxes for the gift, in effect getting 35% or more of it back from the taxpayers.

The foundation invariably takes this money and invests it. Although foundations do have to pay taxes on so-called "unrelated business income" (UBI), investment earnings are not considered UBI and thus are free from income tax. If, as some politicians argue, lower taxes on capital gains, interest, and dividends constitute a subsidy for the rich, this tax-free universe for foundations is Valhalla itself.

*******************

A more important consideration is that private foundations do not even support their own goals. The tax code has paradoxically encouraged giving for charity, but not spending on charity. The founder, as noted, receives an immediate tax deduction as if he had put money in the hands of the needy instead of an "endowment." But the empirical evidence is that the "gift" stays in the foundation's money bin forever and is never used to support foundation goals.

A 2007 IRS study -- which has not been updated -- tracked, over a ten-year period, the top 100 foundations by asset size. It calculated endowment growth and "distributions" as a percent of their respective endowments (the so-called "payout rate").

It comes as no surprise that all endowments grew. That is a natural consequence of making investments on which no income tax is paid.

The eye-popping statistic is the payout rate of each. With the exception of a mere handful of outliers, every one of the 100 foundations on the list paid almost exactly 5% out for expenses and actual charitable use. To underline a crucial point: 5% is not the average or median distribution by all 100 foundations; it is the individual payout rate of each one of them over a decade -- all while endowments were growing steadily and, presumably, the needs of their beneficiaries were increasing.

A sober observer can reach but one conclusion: over ten years, through hundreds of iterations of decisions made by one hundred boards of trustees, private foundations unerringly chose self-perpetuation over the needs of their intended beneficiaries.

 

[nuhuh]

Gee if we were talking about a $2 billion dollar business no one would blink at a $6 million salary. But it's a Clinton, so it calls for apeshit.

they call it a charity. What it really is is a source of income for the three of them and a bunch of their cronies. Its a sham. are you really so dumb that you can't see that?

You know what I know? I know that George Bush charges disabled veterans $100,000 to give a speech. So don't talk to me about how Godly Republicans are when it calls for giving back to people.

Is Bush running for anything in 2016? How much do bubba and the hildebeast charge for a speech? Answer: more than bush.

They make more because Bush never said an intelligent thing in his life.

 

[Jackson]

Donald Trump: The Least Charitable Billionaire In The World

From 1990 through 2009, Trump has personally donated a total of just $3.7 million to his foundation, which was incorporated in 1987. In fact, the billionaire is not even the largest contributor to his own charitable organization.



http://newsexaminer.net/politics/donald-trump-the-least-charitable-billionaire/

But how many jobs did he create?

 

[Remodeling Maidiac]

Thread of irrelevant desperation. He gives the least? Know why?

HE'S A FUCKING DEMOCRAT AT HIS CORE