pass through trust
this will be for tax dodge
see pass thru shell launder
i assume there are various ways mechanisms vehicles
buffer, not in a good way" transparency ~ corruption
DAF $ c3 c4 shuffle?
FTM$
The favorite DAF sponsor of the Right is DonorsTrust. Used heavily by Charles Koch,**Robert Mercer**, and Adolph Coors, it pours money into a network of right-wing charities and social welfare nonprofits. DonorsTrust gave more than $8.4 million to Project Veritas from 2014-18, or nearly one-third of the group’s contribution revenue. DonorsTrust’s yearly contribution rose from $607,000 in 2014 to a high of $2.4 million in 2017. Several members and staff of DonorsTrust have close ties to Koch-backed operations. The related Donors Capital Fund gave $20,000 to Project Veritas from 2014-15.
Project Veritas has a 501(c)(4)political arm, Project Veritas Action Fund, to which the billionaire, Trump-supporting Mercer family has steered funds. In 2018, a nonprofit called Making America Great, chaired by Rebekah Mercer, the daughter of former Renaissance Technologies co-CEO and Breitbart News funder Robert Mercer, donated $750,000 to the action fund. The Mercer Family Foundation has not donated directly to Project Veritas in recent years, but it’s possible it has used DonorsTrust to do so. From 2014-18, the foundation gave $10.9 million to DonorsTrust, including nearly $8.2 million in 2018, a big increase from previous years. By shifting more of its charitable dollars through DonorsTrust, the family is effectively hiding its donations from the public. In 2012, Robert Mercer donated $25,000 to Project Veritas through his LLC Gravitas Maximus.
fuentes renta-tamale
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The proposed tax increases are targeted directly at “pass through businesses,” meaning those that pass through their profits to the business owners — who are then taxed at individual tax rates. Countless small businesses in Florida operate this way, and they are sure to suffer from this approach.
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Workers may suffer even more from lost jobs, slashed paychecks and higher prices for goods. A few years ago, the Tax Foundation found that workers are the ones who are likely to shoulder about 70% percent or more of the burden from corporate tax hikes. And with Hispanic workers disproportionately affected by the impacts of COVID-19, there can be little doubt that these latest tax hikes would hurt them significantly.
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Raising taxes on individuals and corporations in this manner will not move us forward as a state and as a nation. In fact, it would take us back to the disastrous economy of the ’70s, when Washington — not workers — benefited. High tax rates shift profits toward the government and away from hard-working Floridians. When entrepreneurs are forced to ship more money to the government, it significantly limits their ability to create new jobs, increase wages, and develop innovative products or services.
The proposed tax plan raises the corporate tax rate from 21% to 28%. This would give America one of the highest corporate tax rates in the developed world — higher even than China. The increase is sure to make our country less competitive abroad while also sending American jobs overseas.
Instead, with policies that support small businesses and low tax burdens, we can create new jobs that stay at home, reduce our unemployment rate, and put Florida and the rest of the nation on track for much-needed economic recovery. We have proof of this in the Tax Cuts and Jobs Act, which lifted up American working families at every income level.
This tax plan would make President Biden the first president to raise taxes during an economic recovery. We’re finally approaching the other side of the COVID-19 pandemic and its devastating impacts, and we should be doing everything we can to help small businesses and working families keep their doors wide open.....
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