Originally posted by FreakyKBH
So next year at tax time, does Schneiderman have to claim the $15,000 "donation" he received from Obama to investigate Trump University as income?
Can Obama claim the 15 G's as a business deduction?
How does that work, exactly?
Any tax people herein?
Accusations from the Donald normally are reality challenged:
As for Trump’s claim that Schneiderman met with Obama and then “got a campaign contribution,” it’s pure fantasy.
In 2010, three years before Schneiderman sued Trump, and five years before Trump announced he was running for president, Schneiderman was running for state attorney general in New York. In October 2010, Schneiderman’s campaign received two separate contributions from lawyers at a California law firm, Robbins Geller Rudman & Dowd. One donation, for $5,000, came from partner Michael Dowd. Another contribution, for $10,000, came from Patrick Daniels, also a partner.
Six months earlier, in April, Robbins Geller Rudman and another California law firm jointly filed a class-action suit in California on behalf of customers who said they’d been defrauded by Trump University. At the time, Trump wasn’t a candidate for president, Schneiderman wasn’t attorney general and Gonzalo Curiel wasn’t the judge in the case. In fact, Curiel wouldn’t be appointed to the federal bench until 2012, two years after Trump’s case got underway in California.
How Trump leapt from these facts all the way to a secret payoff meeting between Schneiderman and Obama is vintage Trump. It’s as if he took all the things that happened over a six-year period, compressed them into one day and poured them into an extremely implausible John Grisham novel.
Amusingly, Trump donated $12,500 to Schneiderman’s campaign in 2010.