This is so bizarre, this laundry list of issues, said Marc Owens, the longtime head of the Internal Revenue Service office that oversees nonprofit organizations who is now in private practice. Its the first time Ive ever seen this, and Ive been doing this for 25 years in the IRS, and 40 years total.
The laws governing the diversion of income into a foundation were written, in part, to stop charity leaders from funneling income that should be taxed into a charity and then using that money to benefit themselves. Such violations can bring monetary penalties, the loss of tax-exempt status, and even criminal charges in extreme cases.
Epshteyn, in the Saturday interview with The Post, said Trump did not knowingly violate any tax laws. Theres been no intent, in any way, to go against any applicable rules, laws, and regulations, Ephsteyn said. If you suggest it any way otherwise, publicly, its dangerous and irresponsible.
In an interview over the weekend, Trump offered a defense of his charity.
Are you confident that the Trump Foundation has followed all charitable rules and laws? journalist Sharyl Attkisson asked on a Sunday TV program called Full Measure.
Well, I hope so, Trump said. I mean, my lawyers do it.
The Trump Foundation has no paid staff. The last time it reported spending any money on legal fees was in 2010, when it spent $53 total for the year.
So far, questions about the Trump Foundation have focused on how the charity spent its money. How the charity raised money especially after Trump stopped giving was less understood.
