To Refile Five Annual Tax Returns: “We made mistakes.”
The Clinton Foundation has admitted that it may have made “mistakes” with regard to their taxes and will refile five years of returns.
The admission came after a Reuters report was published on Sunday:
Clinton Foundation admits making mistakes on taxes
The Clinton Foundation’s acting chief executive admitted on Sunday that the charity had made mistakes on how it listed government donors on its tax returns and said it was working to make sure it does not happen in the future.
The non-profit foundation and its list of donors have been under intense scrutiny in recent weeks. Republican critics say the foundation makes Hillary Clinton, who is seeking the Democratic presidential nomination in 2016, vulnerable to undue influence.
After a Reuters review found errors in how the foundation reported government donors on its taxes, the charity said last week it would refile at least five annual tax returns.
“So yes, we made mistakes, as many organizations of our size do, but we are acting quickly to remedy them, and have taken steps to ensure they don’t happen in the future,” Clinton Foundation acting Chief Executive Officer Maura Pally said in a statement.
Watch Dana Loesch of The Blaze discuss the issue with Dinesh D’Souza.
The Clinton Foundation’s finances are so questionable that non-profit experts are calling it a slush fund.
Isabel Vincent of the New York Post:
Charity watchdog: Clinton Foundation a ‘slush fund’
The Clinton Foundation’s finances are so messy that the nation’s most influential charity watchdog put it on its “watch list” of problematic nonprofits last month.
The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.
The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends…
“It seems like the Clinton Foundation operates as a slush fund for the Clintons,” said Bill Allison, a senior fellow at the Sunlight Foundation, a government watchdog group where progressive Democrat and Fordham Law professor Zephyr Teachout was once an organizing director.
Sean Davis of The Federalist makes an excellent case on this point:
In 2013, The Clinton Foundation Only Spent 10 Percent Of Its Budget On Charitable Grants
After a week of being attacked for shady bookkeeping and questionable expenditures, the Clinton Foundation is fighting back. In a tweet posted last week, the Clinton Foundation claimed that 88 percent of its expenditures went “directly to [the foundation’s] life-changing work.”
— Clinton Foundation (@ClintonFdn) April 25, 2015
There’s only one problem: that claim is demonstrably false. And it is false not according to some partisan spin on the numbers, but because the organization’s own tax filings contradict the claim.
Democrats were very concerned about Mitt Romney’s taxes in 2012.
Perhaps they could comment now.
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