Category Archive 'Campaign Finance'

23 Jun 2016

Trump is Paying Himself a Salary to Run for President (!)

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The Trump Campaign is almost broke, but apparently The Donald has been siphoning off roughly 20% of campaign expenses to his own businesses.

But that’s nothing. (See Below) Donald Trump actually has himself on the campaign payroll as a salaried employee!

Just imagine what he could do with the Executive Branch budget.

Marketwatch:

Donald Trump’s campaign is almost broke, and is paying an unusual amount of money to Trump-owned businesses. That’s according to the presumptive Republican presidential nominee’s FEC filing, details of which were released Monday night.

The report provided a number of rather shocking facts, including that his campaign raised just $3.1 million in May compared to Democratic rival Hillary Clinton’s $27 million.

In comparison, Mitt Romney’s campaign raised $86.5 million in May during the 2012 presidential race. And on Monday night alone, Clinton raised about $1.6 million at a celebrity-studded fundraiser in New York City.

Another eyebrow-raising tidbit: Of the $6.7 million the Trump campaign spent in May, nearly 20% went to Trump-owned businesses or family members.

Furthermore, the filing suggests that Trump himself is drawing a salary from the campaign, which would be highly unusual.

The campaign also spent $208,000 on hats.

The phrase “Crooked as a snake with appendicitis” comes to mind.

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