his ignorance.
Even if t rump is the sole funder of his foundation, it's just another way to scam our government.
Private foundations are exempt from federal income tax because they are charitable or “section 501(c)(3)” organizations. This means that the foundation's investment earnings, capital gains and certain other types of income are not subject to income tax.
Even if t rump is the sole funder of his foundation, it's just another way to scam our government.
Private foundations are exempt from federal income tax because they are charitable or “section 501(c)(3)” organizations. This means that the foundation's investment earnings, capital gains and certain other types of income are not subject to income tax.