And yet there is only one 'foundation' being sued.
Post# of 65629
I'm not sure which is more hilarious, your clinging to 'radio show speculation' or your pretense in posting a tax return you have not the remotest chance of understanding.
Any tax fraud as explicit as claimed would make easy pickings for A GOP DOJ. So take another look at your 'cat meme'. It clearly applies to you more than it does to me.
I look forward to confirmation of that point with your reply
As I've said, you ass-on-fire dummies have a lot of catching up to do when it comes to turning your wet dreams into criminal or even civil prosecutions.
So many GOPERS in power, so little action. What's up with THAT?!
Quote:
New York attorney general sues Trump Foundation: What might happen next
Analysis: The president's tweeted response to the suit fundamentally misunderstands the laws governing charities.
by Danny Cevallos / Jun.16.2018 / 1:07 PM ET
Donald Trump speaks as his sons Eric Trump, right, Donald Trump Jr., left, and his daughter Ivanka Trump listen during the grand opening ceremony of the Trump International Hotel in Washington on Oct. 26, 2016.Andrew Harrer / Bloomberg via Getty Images file
The New York attorney general filed a lawsuit against President Donald Trump and the Donald J. Trump Foundation on Thursday, alleging that Trump violated both federal and state law in the mismanagement of his charitable organization.
The New York attorney general’s petition is essentially a civil — not a criminal — complaint. Most defendants would prefer being sued than being prosecuted. But for the presidency, a civil action potentially can do more damage than an indictment.
That’s because — while it remains an open question whether a president is immune from indictment, arrest, or prosecution while in office — there is less debate about presidential immunity from civil suit.
The 1997 Supreme Court case of Clinton v. Jones affirmed broad, absolute presidential immunity, but limited that immunity to acts “taken in an official capacity” — holding that a president’s conduct before he became president was not an official act entitled to that absolute immunity.
Even if a charitable foundation gives out more money than it takes in, it can still violate the law if the organization is not run properly.
Therefore, the president is likely less immune to a state attorney general’s petition that is civil in nature than he would be if that same attorney general tried to prosecute him.
If forced to defend against this petition, the president will have to come up with answers for some very serious allegations about his charitable organization, the Trump Foundation.
The petition alleges the foundation was “little more than a checkbook” for payments to not-for-profits. Trump allegedly used charitable assets to pay off the legal obligations of other entities he controlled, to promote Trump hotels (which are obviously not charitable organizations), to purchase personal items, and to support his presidential election campaign. The petition charges a number of specific instances, such as misusing foundation funds to settle legal disputes for his golf club, and to purchase a $10,000 portrait of himself .