Anonymous ID: 34e332 Dec. 14, 2018, 5:41 p.m. No.4315547   🗄️.is 🔗kun   >>5567 >>5617 >>5746 >>5771 >>5798 >>5919 >>5924 >>6036

Clinton Foundation could pay for cabal prosecutions.

 

Something nobody is talking about, related to the Doyle/Moynihan testimony.

 

Not a lawfag or taxfag, but know a thing or two about the subject.

 

They said that 0.01% of all donors contributed 80% of foundation donations (this would be the P4P money, no doubt).

 

They also said it was a "hybrid" of public charity, private foundation, and family partnership. THAT is a no go.

 

Public charities are what you want to be, IF you can. There are rules (for most folk, anyway).

 

One of them is that AT LEAST 33% of all donations must come from small donors (meaning each donor contributes no more than 2% of the total donations), and the remaining money can come from large donors. With the CF, that is IMPOSSIBLE.

 

Since 80% came from just 0.01% of all donors, it is not possible for 33% or more to come from SMALL donors (at most, it could only be 20% from small donors).

 

ANY charity that does not fit the definition of a "public charity" is AUTOMATICALLY defaulted to a "private foundation."

 

The fact that the CF cannot be a public charity means that it MUST be a private foundation. No other option (other than, not a charity at all).

 

The problem with a private foundation is there are rules … lots and lots of rules – AND TAXES.

 

Not just taxes, but TAX PENALTIES – like 100% type of penalties.

 

If Bill Clinton used it as his piggy bank, then any money he took out like that is subject to MASSIVE penalties (100%, 200% type penalties).

 

Somebody posted the CF 2014 tax return, and of all the money that was paid out that year, 5% went to charitable purposes and 95% went to salaries and "other expenses."

 

It is quite possible that the IRS could take the entire assets of the CF as tax penalties. Plus, all the donors who contributed and got a tax deduction probably did so thinking it was a public charity, which gets a bigger tax deduction than a private foundation. So, those people (or the CF) would have to pay up, too (with penalties).

 

If CF has $1B+ in assets, that would be enough to pay for the cabal's prosecution without taxpayers paying anything. And all of that is besides any asset forfeiture that goes into effect from Trump's EO.

 

Kind of like Mexico paying for the wall.

 

(No sauce, just going from memory, and any taxfags welcome to correct any numbers that are off, but it is pretty close.)