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Trump foundation ordered to stop fundraising

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Trump foundation ordered to stop fundraising


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Republican presidential candidate Donald Trump has been having a couple of difficult days. Following a report on his tax affairs comes legal proceedings against his charitable foundation.

New York prosecutors have ordered it to stop fundraising after discovering that it had no proper registration.

Trump has come out fighting, defending his own financial acumen and blaming others for an easily manipulated US tax system.

“I’ve been saying from the beginning of this campaign, how ridiculous everything is when you look at – yes! – the unfair tax system. I’ve been talking about how crazy the tax system is, how unfair it is, how much tax we pay. This is not the fault, believe it or not, of the IRS – but (of) the political class that is owned outright by the special interests and the lobbyists.”

With the tightest race in years for the White House, Trump’s rival, the Democratic presidential candidate, Hillary Clinton, pounced on Trump’s financial troubles.
At an election rally she expressed incredulity at his bravado.

“He claimed he brilliantly used the laws to avoid paying taxes. Well that just shows, number one, he is the poster boy, the poster boy, for the same rigged system that he would make even worse. And he’s advocating for huge tax cuts that would help him and his family even more.”

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