Report: Trump diverted $2.3 million to his charity to avoid taxes
Donald Trump continues to be a scam artist.
According to a report by the Washington Post’s David Fahrenthold, GOP presidential nominee Donald Trump directed over $2.3 million in personal income be deposited in his private charity where it would not be subject to being taxed.
Trump — who has been accused of using the Donald J. Trump Foundation as a private piggy bank to pay legal bills and purchase personal items — instructed Comedy Central to send his $400,000 appearance fee for appearing on a 2011 “roast” to the charity.
According to tax experts, money paid to Trump in the form of compensation or gifts would likely be taxable giving the charity the appearance of a tax shelter.
In addition to the money from Comedy Central, the Trump Foundation was also the recipient of nearly $1.9 million from New Yorker Richard Ebers who re-sells hard-to-get tickets and opportunities to enjoy one-of-a-kind experiences to wealthy clients.
According to the WaPo’s sources, Ebers was also instructed to divert the money to the foundation.