Donald Trump Counts on Scamming Others to Make His Money

by Mark Karlin, Truthout | Interview – The following is an interview with David Cay Johnston, winner of the George Polk Award for investigative importing. Mark Karlin: We first began to know each other a little after the turn of this century. You were the Pulitzer Prize-winning New York Times expert on the arcane world of tax law. Before I digress into your current book, what is your reaction to the Times’ revelation of Trump’s 1995 income tax filing? David Cay Johnston: Trump says tax returns tell you nothing, yet from just three summary pages, The New York Times revealed a lot. My Daily Beast and Investopedia columns went much further, revealing how Trump got out of another tax bill (about $360 million) and stuck his investors with the costs. Trump is lying, plain and simple, about his wealth. He knows that people like me could reverse engineer his tax returns...

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25 of America’s Worst Charities—Plus Tips on How to Avoid Getting Scammed

by Leslie Salzillo – In 2014, Americans donated an estimated $350 billion to charities. A generous country we are, but how much of those funds actually went to the advertised causes? You might not want to know. There are good charities. There are bad charities. And there are the worst charities. America’s Worst Charities gain their titles by how much they raise in donations and how little of that money goes to the actual causes they advertise. As these deceptive organizations ask you for your financial support, they lie about to where or whom that is alloted, sometimes paying themselves “multiple salaries” and “consulting fees.” One “cancer charity” paid the company president’s son nearly $18 million over eight years, to solicit donations. The Tampa Bay Times reports: Some nonprofits are little more than fronts for fundraising companies, which bankroll their startup costs, lock them into exclusive contracts at exorbitant rates and even drive the charities into debt. Bogus charities often use accounting tricks that...

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