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We are in the era when I go home and have dinner with my kids and put them to bed, and hours later I go to Twitter, and the world has changed. ”
If you have Trump avoiding income tax and money coming in, and then he's still able to control it and use it as if it was his income to help his interests, then you're starting to see a bigger legal problem. ”
A lot of other wealthy people feel the responsibility to take some of the wealth they've been given and give back: to give a lot of money to a particular cancer charity or to a group researching some particular disease or their alma mater. We haven't really found anything like that with Trump. ”
The Trump people make it extremely hard to figure out what's going on with their businesses, so we've done things like try to figure out all the people, the charities who rented out ballrooms and hotel rooms, all the NBA teams that stay at his hotels, people that pay him a lot of money and have other choices. ”
Once money goes into a charity, it is tax exempt, so that's a benefit you get. And in return, you have to use the assets of the charity to serve the public good. So if Trump is using this money basically to save his businesses, the money isn't helping people. That's a violation of the letter and the spirit of law. ”
The expectation with family foundations is that if your name is on the foundation, unless you're dead, it's your money that's being given away. And even if you are dead, it was your money before. ”
There are two main organizations that rate charities. They look at their finances and decide whether they are giving enough to the causes they claim to focus on. Something like 80 or 90% of their money actually goes to a charitable purpose. ”
If you're the president of a charity, you can't take the money out of the charity and use it to buy things for yourself. And you can't take the money out of the charity and use it to buy things for your business. ”
The Trump campaign generally does not respond at all to my requests for information - either requests for broader data on Trump's charitable giving or narrow requests for information about specific subjects, like the $20,000 portrait of himself that Trump seems to have purchased with money from his charity. ”
If I'm owed money, but I say, 'Don't pay me, pay my cousin. Don't pay me, pay my charity,' you can do that, but then the IRS requires that you pay income tax on that. It's your income if you earned it and you directed where it went. If you exercised control over where the money went, you have to pay income tax on that. ”