The Non Profit Foundation Poster Child – How A Rigged System Works

Posted By on October 26, 2016

Hillary Fight for Us

Bob Woodard, the journalist who broke the Watergate scandal that forced Nixon to resign, has come out to say that Hillary’s Clinton Foundation is “corrupt” and “a scandal.”.

While the IRS documents show Hillary took in $500 million tax-free, she only paid out less than $75 million in charity, which equates to around 15%. The rest went to pay expenses, salaries and everything else, oh… and $25 million was spent traveling chartered jets. As long as she claims she went somewhere to talk to someone, all of her expenses are tax-free. That means the travel, luxury hotels and gourmet diners, the limo’s and parties etc.

In the end, a non profit organization has to spend all of its money taken in, so there is no profit remaining. With the Clinton Foundation almost all of the money spent is an expense. The small amount given to charities is what remains after all of the expenses are drawn out.

Source: Martin Armstrong Economics

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