A Quote by David Fahrenthold
Once money goes into a charity, it is tax exempt, so that's a benefit you get. And in return, you have to use the assets of the charity to serve the public good. So if Trump is using this money basically to save his businesses, the money isn't helping people. That's a violation of the letter and the spirit of law.
Related Quotes
Your generosity is reflected in what you do with your own money, not in what you do with other people's money. If I give a lot of money to charity, then I am generous. If you give a smaller fraction of your money to charity, then you are less generous. But if you want to tax me in order to give my money to charity, that does not make you generous.
I don't save money. Save is a four letter word! I like to borrow money because I can get richer faster on borrowed money. I have what is called retained earnings, so I don't have to save money. If I need money, I will go out and borrow it.
The Bible teaches that we are to love people and use money, but we often get that reversed and you start loving money and using people to get more money. Money is simply a tool to be used for good.
I give lectures for money, but all the money goes to charity. So, I make no money from it.
I only ever met Ronaldinho once, at a charity event in Rio. Once every year, he stages a game and invites different players and personalities to play and raise money for his charity.
If you're the president of a charity, you can't take the money out of the charity and use it to buy things for yourself. And you can't take the money out of the charity and use it to buy things for your business.
To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money. Money, money everywhere and still not enough! And then no money, or a little money, or less money, or more money but money always money. and if you have money, or you don't have money, it is the money that counts, and money makes money, but what makes money make money?
Is there another way? Of course there is. There is a way based on simple moral principles: Everyone keeps his own money. Everyone decides what to do with his own money. No income tax. No IRS. No government grants or assistance to anyone. All charity is voluntary. It's called freedom. It's a peaceful, harmonious way of life, one that Americans once believed in.
We must not permit our respect for the dead or our sympathy for the living to lead us into an act of injustice to the balance of the living. I will not attempt to prove that Congress has no power to appropriate this money as an act of charity. Every member upon this floor knows it. We have the right as individuals to give away as much of our own money as we please in charity; but as members of congress we have no right to appropriate a dollar of the public money.
My job is making money, helping other people make money. I am spending money, trying to make sure more people get rich, because you cannot spend a lot of money, right? So my job is spending money, helping others. This is a headache.
My charity is in the business of helping firefighters in any way that we can. For instance, after 9/11 we were the second-fastest charity to raise and distribute money to the widows and surviving family members of the 343 firefighters who died that day.
There is an unwritten social rule now that you can harangue the wealthy to give money away, but you mustn't ask how the money was made. There are no galas celebrating the money people knew better than to seek. Charity begins after profit.
President Trump is taking foreign money through his businesses, which is in violation of the Emoluments Clause of the Constitution.
What is meant by charity? Charity is not fundamental. It is really helping on the misery of the world, not eradicating it. One looks for name and fame and covers his efforts to obtain them with the enamel of charity and good works. He is working for himself under the pretext of working for others. Every so-called charity is an encouragement of the very evil it claims to operate against.
You are much surer that you are doing good when you pay money to those who work, as the recompense of their labor, than when you give money merely in charity.
Seven percent of the Clinton foundation, the money raised, goes for travel and entertainment expenses for people that work at the foundation, including a lot of Clinton family people. So 7% travel, entertainment, whatever else - housing - for employees of the foundation, 5% donated to charity. Which is fine. Look, they're not breaking any law doing it. My only point is, they get the benefit of the doubt being people compassionate and caring greatly about people.
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