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Donald Trump Is Paying Himself to Run for President
The Daily Beast ^ | 2/29/16 | Olivia Nuzzi

Posted on 03/04/2016 7:05:16 AM PST by Liberty Tree Surgeon

At the bottom of the article: Millions of dollars are funneling into his campaign, both from himself and from his followers, “and a lot of it is going back into his pocket indirectly,” the attorney said.

“It’s basically recycling.”

(Excerpt) Read more at thedailybeast.com ...


TOPICS: Cheese, Moose, Sister
KEYWORDS: conartist; good; trump; trumpcampaign; trumppayshimself
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Legal? Mostly. Smart business sense? Probably. Using donated funds to pay yourself for campaign services? Not exactly a man looking out for the little guy.

And keep in mind Donald Trump loaned the money to the campaign. Donations from other will be used to retire that debt, and Trump then keeps the profit. In effect, he has done a leveraged buyout on his campaign with handsome returns expected.

1 posted on 03/04/2016 7:05:16 AM PST by Liberty Tree Surgeon
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To: Liberty Tree Surgeon
 photo bernie beer.jpg
2 posted on 03/04/2016 7:06:42 AM PST by gorush (History repeats itself because human nature is static)
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To: Liberty Tree Surgeon

Good for Trump. He won’t be fiscally beholden to anyone but himself.


3 posted on 03/04/2016 7:07:14 AM PST by Utmost Certainty (Our Enemy, the State)
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To: Liberty Tree Surgeon
Legal? Mostly. Smart business sense? Probably. Using donated funds to pay yourself for campaign services? Not exactly a man looking out for the little guy

Threads this morning about Hillary Clinton doing the exact same thing (for $250K in on billing). They ALL do it. That's the dirty little secret.

4 posted on 03/04/2016 7:08:22 AM PST by Gaffer
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To: Liberty Tree Surgeon

Gee, I wish there were more Anti-Trump articles on FR


5 posted on 03/04/2016 7:09:00 AM PST by harwood (You don't wanna go there.)
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To: Liberty Tree Surgeon

The FEC regulations require this kind of accounting nonsense. At least Donald Trump is not paying himself a salary as is Hillary.


6 posted on 03/04/2016 7:09:02 AM PST by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR!)
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To: Utmost Certainty

Now that’s some monumental spin.


7 posted on 03/04/2016 7:09:43 AM PST by traderrob6
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To: Liberty Tree Surgeon

Actually, I’m betting that Trump intentionally plows almost every dollar back into the company.

He can live more than well on business expense accounts and his wife’s income and his residuals from Apprentice.

Why not plow it into the business with all those tax protections?

And any money he receives, I’m betting are expense reimbursements.


8 posted on 03/04/2016 7:09:50 AM PST by xzins (Do You Donate to the Freepathon? It's time to take YOUR turn!)
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To: Liberty Tree Surgeon
Using donated funds to pay yourself for campaign services? Not exactly a man looking out for the little guy.

Same pants, different pockets. Trump is mostly self-funding. Anyone who donates to his campaign doesn't really care which pocket the money goes into, they just want a stake in a campaign that they admire.

I don't think people who support Trump do so because he is the second coming of St. Francis of Asissi. They want to disrupt an abusive power structure, and they see Trump as detached enough from the other side of the political process to make it happen.
9 posted on 03/04/2016 7:10:19 AM PST by Dr. Sivana (There is no salvation in politics)
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To: harwood

No kidding, they should call it CruzRepublic.

Pray America wakes


10 posted on 03/04/2016 7:10:44 AM PST by bray (Trump/Palin 2016)
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To: Liberty Tree Surgeon

11 posted on 03/04/2016 7:11:33 AM PST by Diogenesis ("When a crime is unpunished, the world is unbalanced.")
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To: xzins

we have no accounting for the number of corporations he controls

The 1120 corporate returns probably make a truckload of paper


12 posted on 03/04/2016 7:12:15 AM PST by bert ((K.E.; N.P.; GOPc;+12, 73, ....carson is the kinder gentler trump.)
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To: Diogenesis

WOW!!!!


13 posted on 03/04/2016 7:13:44 AM PST by Honorary Serb (Kosovo is Serbia! Free Srpska! Abolish ICTY!)
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To: gorush

Perfect.


14 posted on 03/04/2016 7:13:53 AM PST by Obadiah
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To: Utmost Certainty

Hit piece...the other candidates are beholden to special interest groups; super packs; and others, Trump is supporting his campaign through his own funds, Trump LLC....he answers to no one other than the American Voters, he can do this...


15 posted on 03/04/2016 7:14:13 AM PST by HarleyLady27 ('THE FORCE AWAKENS!!!' Trump; Trump; Trump; Trump; 100%)
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To: Liberty Tree Surgeon

every candidate has done this since the dawn of time......another i could care less


16 posted on 03/04/2016 7:14:37 AM PST by jneesy (I want my country back and Trump is gonna give it to me)
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To: Liberty Tree Surgeon

All candidates do that.


17 posted on 03/04/2016 7:14:52 AM PST by DannyTN
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To: Liberty Tree Surgeon

So Trump is basically leasing his planes to himself. There is no profit back to Trump on any of this. Those planes are expensive to run and maintain. As for the rest of it, well he does live at Trump Towers so why not eat at the restaurants there. He probably has his small campaign staff, security and secret service eat there also.

I can’t get too excited and up set by any of this. So he is using his own money to rent his own offices and airplanes.


18 posted on 03/04/2016 7:15:13 AM PST by Captain Peter Blood
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To: bert

Donald Trump has absolutely zero reason to take a salary.

As CEO of multiple companies under his corporate umbrella, there is no dinner he eats, no hotel he sleeps in, no restaurant he dines at, no trip he takes, no call he makes, no anything he does that isn’t covered as a part of doing business for at least one of his businesses.


19 posted on 03/04/2016 7:15:17 AM PST by xzins (Do You Donate to the Freepathon? It's time to take YOUR turn!)
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To: Liberty Tree Surgeon

Is he paying himself more or less than Cruz is paying himself from his campaign funds ?


20 posted on 03/04/2016 7:16:22 AM PST by UCANSEE2 (Lost my tagline on Flight MH370. Sorry for the inconvenience.)
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