I can understand some parents saying this, and I’ve had a few clients give everything to charity rather than their kids — but a congressman?
Things are so partisan today most folks vote the straight party line, even though they don’t know s*** about who they’re voting for. They just don’t want the other guys to win,’ he explains. And he seemingly takes a shot at the Bill and Hillary Clinton Foundation, noting how family philanthropies can be the beneficiaries of what amounts to bribes in exchange for legislative favors.’Some contributions are subtle,’ he explains. ‘Donations to a member’s nonprofit foundation. Funding a member’s charitable pet project. Offsetting the costs of a member’s portrait to adorn the committee room he or she has so faithfully served.”It’s all a bunch of bulls*** to get around gift bans and limits on campaign contributions. Where there’s a will, there’s a way.‘
….
‘We spend money we don’t have and blithely mortgage the future with a wink and a nod. Screw the next generation,’ the author writes.
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David R. Duringer, JD, LL.M, is a concealed firearm instructor and tax lawyer specializing in business and estate planning; licensed to practice law in the states of California and Washington. He is managing shareholder at Protective Law Corporation, serving Southern California from its Laguna Hills (Orange County) headquarters and a satellite office in Coronado (San Diego County).
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