Monday, May 15, 2017

Hillary opens new charity for the Clintons...not tax deductible

Hillary Clinton Launches Unlimited ‘Dark Money’ Group

The failed presidential candidate bemoaned “dark money” on the campaign trail, but now she’s launching a new 501(c)(4).
Clinton Emails Released
Two-time failed presidential candidate Hillary Clinton officially launched a new organization on Monday, “Onward Together,” with the stated goal of “advancing the vision that earned nearly 66 million votes in the last election.” Put more bluntly, the group’s mission is to advance Clinton’s agenda, which was unable to defeat Donald Trump.
But buried on the donation page is this nugget:
Contributions or gifts to Onward Together, a 501(c)(4) organization, are not tax deductible as charitable contributions or as business deductions.
Clinton Onward Together Dark Money
By listing itself as a 501(c)(4), Clinton is able to take so-called “dark money,” or money from donors who legally do not have to be disclosed, in unlimited amounts.
In October 2015, during a town hall meeting in Iowa, Clinton called 501(c)(4) groups “unaccountable dark money,” and even used the left’s favorite boogey-men, the Koch brothers, as an example of a group that operates this kind of organization:
Fast forward a year-and-a-half, and Clinton can count herself among the leaders of the “unaccountable dark money” groups. It’s just the latest twist in the long political saga that has become the Clintons’ legacy.

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