Paul L. Caron
Dean


Thursday, August 18, 2016

The IRS Scandal, Day 1197

IRS Logo 2Forbes: Prediction: Clinton Foundation Will Pass IRS Investigation Just Fine, by Robert W. Wood:

After considerable prodding, the IRS has said—seemingly begrudgingly—that it is looking into the Clinton Foundation. Even before the latest email revelations, Republicans have criticized the Foundation and the unparalleled access they say donors have had to government policymakers. The unsavory “pay to play” label has often been used to describe the Foundation headed by a former President and Secretary of State. House Republicans formally asked the IRS to review whether the Clinton Foundation is complying with the rules governing its tax-exempt status.

More recently, Judicial Watch released a new batch of State Department emails showing close and sometimes overlapping interests between the Clinton Foundation and the State Department while Hillary Clinton served as Secretary of State. The documents raise new questions about whether the Clinton Foundation ever rewarded donors with access and influence at the State Department. It is a charge Mrs. Clinton has faced in the past, and has always denied. Judicial Watch President Tom Filton said in a press release that Clinton “hid” the emails on purpose. ...

The newly released emails give new impetus to Republican requests to audit the Clinton Foundation. IRS Commissioner Koskinen wrote that the IRS was looking into it. Mr. Koskinen is the same IRS official Republicans have been trying to impeach over the IRS targeting scandal. Mr. Koskinen denies any wrongdoing. As discussed here, Rep. Marsha Blackburn (R-TN), lead the push for the IRS to investigate. One of the complaints dates to the Peter Schweizer book, “Clinton Cash.” It says that Hillary’s State Department funneled at least $55 million to Laureate Education Inc. Laureate donated between $1 million and $5 million to the Clinton Foundation. ...

[I]t seems hard to imagine that this Foundation will face serious scrutiny. Even if there is official criticism, it will surely come post-election. Some questions relate to pay to play donations said to facilitate access to Mrs. Clinton. Moreover, there have long been complaints that the Clintons have not defined how they decide to designate speaking fees as their own income or as assigned to the Foundation. The tax system generally does not allow that kind of choice without tax consequences. In any event, the part of the IRS investigating the Clinton Foundation is the Exempt Organizations Division, the unit formerly run by Lois Lerner. She took the Fifth, retired and faced no charges over the targeting of conservative organizations.

https://taxprof.typepad.com/taxprof_blog/2016/08/the-irs-scandal-day-1197.html

IRS News, IRS Scandal, Tax | Permalink

Comments

The IRS has not stated--and is prohibited by law from stating--that it is "looking into" the Clinton Foundation. Koskinen referred the congressional letter to the IRS Dallas office for any appropriate action. Which may or may not involve opening an audit or case.

Posted by: Publius Novus | Aug 18, 2016 8:11:57 AM

Ordinarily, Publius would be calling for an investigation and jail time if the people in question were not Democrats. But since this is the Clintons, he thinks bribery, pay to play, the the outsized influence of money in politics is cool.

The system is rigged. We already know that the Obama administration will not hold Hillary accountable.

Posted by: wodun | Aug 19, 2016 12:40:28 PM

Mr. wodun: I don't recall "calling for an investigation and jail time" for anyone. Although I would like to see a little MSM attention to the 23mm missing Bush 43 Administration emails.

Posted by: Publius Novus | Aug 19, 2016 1:49:57 PM

"MSM attention to the 23mm missing Bush 43 Administration email"

Memo to Puby, that was so last decade.

Posted by: Dale Spradling | Aug 20, 2016 9:21:42 AM

"23mm missing Bush 43 Administration emails"

22 million of which have already been found, or don't you even bother to read the news?

https://www.wired.com/2009/12/22-million-emails-found

The next thing you know, he'll be claiming the emails were stored on an unauthorized, unsecure, private email server and contained Confidential, Top Secret, and Special Access Program level classified information, all of which enabled espionage of U.S. National Security by foreign powers. Maybe not, but it sounds awfully familiar.

Then again, "Publius Novus" may very well be Latin for "Political Hack"...

Posted by: MM | Aug 20, 2016 9:21:30 PM