There’s a reason why Ivanka Trump is her daddy’s favorite – it’s because she’s every bit as corrupt as the president, having been groomed at such a young age to be as greedy as The Donald himself.
According to new evidence, Trump and his daughter were illegally profiting from his inaugural committee because Ivanka was overcharging people for hotel rooms! ProPublica reported:
A spokesman confirmed that the nonprofit 58th Presidential Inaugural Committee paid the Trump International Hotel a rate of $175,000 per day for event space — in spite of internal objections at the time that the rate was far too high. If the committee is deemed by auditors or prosecutors to have paid an above-market rate, that could violate tax laws prohibiting self-dealing, according to experts.
Tax law prohibits nonprofits from paying inflated prices to entities that are owned by people who also control or influence the nonprofit’s activities.
Why are we not surprised?!
It turns out, the inaugural committee was spending a crapload of money every day for space. The average DC hotel room is around $250, but Ivanka was charging Trump’s inaugural committee a special rate that she herself negotiated – and it was ten to one hundred times more expensive than it was supposed to be!
Remember when Trump insisted that there would absolutely be no conflict of interest between his presidency and his businesses? Or the time he promised America he was going to step away from his businesses? This is yet another example where the president’s personal interests have collided with his presidency to line his family’s pockets. Coincidentally, there’s tens of millions of dollars reportedly missing from the president’s inaugural committee, and after hearing this it’s more than likely that the money can be found in the bank accounts of Trump and his spoiled kids.
Featured image via screen capture