Quantcast
Connect with us

Settlement for Trump’s sham charity shows ‘astounding lack of trust’ in his honesty: tax law professor

Published

on

President Donald Trump on Thursday agreed to fork over $2 million as a part of a settlement with the New York Attorney General’s office for misusing money donated to his own charitable foundation.

In addition to paying $2 million, the president also had to admit that he misused foundation funds to fund his own presidential campaign, pay off his businesses’ legal expenses, and to buy a $10,000 portrait of himself that wound up being displayed at one of his Florida hotels.

ADVERTISEMENT

Philip Hackney, a former IRS lawyer who teaches tax law at the University of Pittsburgh School of Law, has gone over some more details of the settlement and has found that it places a surprising amount of restrictions on Trump in the future should he decide to open another charitable foundation in the future.

As the Washington Post reports, any future Trump charitable endeavors must include a majority of board members who have no relationship with the president and must regularly submit to audits.

Hackney tells the Post that these restrictions offer a damning comment on Trump’s overall moral character.

“That’s a pretty significant statement about a lack of trust of the president’s capabilities,” he said. “It’s truly astounding.”

The Donald J. Trump Foundation formally shut down late last year under an agreement with the New York Attorney General’s office.

ADVERTISEMENT


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Trump scorned for claiming he has ‘great reviews’ on COVID-19: ‘This is not a game show’

Published

on

On Monday, President Donald Trump complained on Twitter that he wasn't getting enough credit for his COVID-19 response, but that he was still getting "great reviews" on it all the same.

Commenters on social media were not pleased with the president's remarks.

Great reviews? Like on Rotten Tomatoes?

— Lira (@LoudmouthLira) May 25, 2020

Continue Reading

Breaking Banner

Trump claims ‘great reviews’ for COVID-19 response — while complaining he ‘got no credit’

Published

on

In a tweet fired off this Monday afternoon, President Trump painted a rosy picture of the response to his administration's handling of the coronavirus pandemic, saying he's received "great reviews" for his performance.

"Great reviews on our handling of Covid 19, sometimes referred to as the China Virus," Trump wrote. 'Ventilators, Testing, Medical Supply Distribution, we made a lot of Governors look very good - And got no credit for so doing. Most importantly, we helped a lot of great people!"

Continue Reading
 

Breaking Banner

Trump triggers outrage by attacking veteran congressman on Memorial Day

Published

on

On Monday, President Donald Trump slammed Rep. Conor Lamb (D-PA) in a tweet promoting his GOP opponent, calling him an "American fraud" and a "puppet" who will destroy gun rights and voted to impeach him "on nothing."

Sean Parnell is an American Hero. Connor Lamm has proven to be an American fraud, and a puppet for Crazy Nancy Pelosi. He said he would NOT vote for her for Speaker, and did. Will kill 2A. Voted to impeach (on nothing). A TOTAL & COMPLETE Sean Parnell Endorsement! https://t.co/v1OnY0MI8m

Continue Reading
 
 
You need honest news coverage. Help us deliver it. Join Raw Story Investigates for $1. Go ad-free.
close-image