IRS' Honor System toward the Trump Foundation
Yesterday, the
New York attorney general forced Trump to agree to dissolve his charitable foundation due
to its repeated non-charitable allocations. Many people are astonished that a
U.S. President could be so corrupt. I’m astonished that the IRS didn’t detect this
illegal activity that went on for several decades. As a result of the IRS’s "honor
system" approach to the Trump Foundation’s handling of its donations the government
was bilked out of millions.
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