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Omaha Steve

(99,708 posts)
Sun Apr 26, 2015, 02:42 PM Apr 2015

Clinton Foundation Admits Mistakes On Tax Filings

Source: Huffington Post

By Sam Levine

The Clinton Foundation defended its commitment to transparency on Sunday, but also admitted that the organization had made mistakes in its tax filings.

The organization and its donors have come under intense scrutiny ahead of the release of a new book that suggests the Clintons traded favors for donations while Hillary Clinton was secretary of state. While the foundation has acknowledged that it violated a disclosure agreement with the Obama administration, no direct evidence of wrongdoing has been found.

Maura Pally, acting CEO of the foundation, posted a statement Sunday acknowledging that while the organization had not underreported its revenue, it had failed to separate government grants from other donations on its tax filings. Pally wrote that after a voluntary external review, the foundation intends to refile several years' worth of forms.

"Yes, we made mistakes, as many organizations of our size do, but we are acting quickly to remedy them, and have taken steps to ensure they don't happen in the future," Pally wrote in the statement. "We are committed to operating the Foundation responsibly and effectively to continue the life-changing work that this philanthropy is doing every day." She added that the organization's "donor disclosure and foreign government contributor policy is stronger than ever."

FULL story at link.



The Clinton Foundation on Sunday admitted that it had made mistakes on its tax filings and said that it would refile several years' worth of forms. (Photo by Win McNamee/Getty Images) | Win McNamee via Getty Images

Read more: http://www.huffingtonpost.com/2015/04/26/clinton-foundation-donations_n_7146922.html

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Clinton Foundation Admits Mistakes On Tax Filings (Original Post) Omaha Steve Apr 2015 OP
How serious is this? Reter Apr 2015 #1
I think it is about nothing. murielm99 Apr 2015 #2
Nothing. It looks like they paid the right taxes but clerical mistakes were made. hrmjustin Apr 2015 #3
All depends which countries are on the amended returns. Jesus Malverde Apr 2015 #29
it tends to reemphasize the private email server deal - but it's not a drop-out signal. Yo_Mama Apr 2015 #13
Post removed Post removed Apr 2015 #4
Clinton Cockroaches? really? hrmjustin Apr 2015 #7
UN human rights chief likens Katie Hopkins ‘cockroaches’ piece to Nazi hate speech muriel_volestrangler Apr 2015 #12
At least he didn't call us Lebensunwertes Leben./NT DemocratSinceBirth Apr 2015 #42
Why the hell didn't they carefully check their past tax filings before she announced? Kablooie Apr 2015 #5
That doesn't look good, sadoldgirl Apr 2015 #6
You KNOW the MSM will run this 24/7. Nothing they like better than magnifying every DEM hiccup. blkmusclmachine Apr 2015 #8
Just about every committee or foundation makes errors and winds up submitting... George II Apr 2015 #9
A treasurer of a lower level campaign is not an accounting firm for a not for profit run merrily Apr 2015 #26
We'll know by Thursday if it really is a simple mistake... 4139 Apr 2015 #10
The issue was actually reported days ago thesquanderer Apr 2015 #17
All that money coming in the door, and they can't hire an honest accountant? Demeter Apr 2015 #11
Nothing like passing out gasoline Kelvin Mace Apr 2015 #14
I think it iwill depend on the details. Was it the same mistake each year? Was the mistake jwirr Apr 2015 #15
It is a mischaracterization issue - nothing serious cosmicone Apr 2015 #16
Do you think just categorization is enough? customerserviceguy Apr 2015 #24
Some on DU want it to be wider but Clinton was a president when whitewater happened cosmicone Apr 2015 #25
You're wrong on a number of facts customerserviceguy Apr 2015 #45
Hillary is not running against herself cosmicone Apr 2015 #47
It's a matter of who scares them the most customerserviceguy Apr 2015 #48
That is not a meaningless error, given she was Secretary of State and planning to run for POTUS. merrily Apr 2015 #28
She doesn't keep the books nor file tax returns. cosmicone Apr 2015 #35
Really? And only Bernie's supporters? Transparent much? merrily Apr 2015 #38
No need for transparency when it is glaringly obvious! n/t cosmicone Apr 2015 #40
Apparently, they don't have good people to do that stuff. hughee99 Apr 2015 #33
A foundation that size probably has KPMG, PricewaterhouseCoopers or Deloitte doing their books. n/t cosmicone Apr 2015 #36
Maybe. I haven't seen it reported anywhere. hughee99 Apr 2015 #37
And the beat goes on... n/t Squantoish Apr 2015 #18
Uranium One Beauregard Apr 2015 #19
see, this is the problem: even if this is nothing big, it looks big wordpix Apr 2015 #22
It also involves a strategic material: uranium Beauregard Apr 2015 #34
totally with you - just shows Hil can't draw line wordpix Apr 2015 #46
the broad strokes of corruption in warmongering, trade deals, and corporate coziness already yurbud Apr 2015 #20
Mistakes are just an opportunity to be more precise. AngryAmish Apr 2015 #21
its going to be the Iran connection ... quadrature Apr 2015 #23
Precisely right; just doesn't look good. InAbLuEsTaTe Apr 2015 #27
$ 4 Access. ChairmanAgnostic Apr 2015 #30
Res ipsa loquitur DemocratSinceBirth Apr 2015 #31
"Not a shred of evidence"? candelista Apr 2015 #39
When you send an e-mail there is always a paper trail unless you are sending it to yourself. DemocratSinceBirth Apr 2015 #41
What if Uranium One, et al., also wipe their hard drives? candelista Apr 2015 #44
maybe they should go to h and r block for the free second look..... dembotoz Apr 2015 #32
somebody has to be the fall-guy ... quadrature Apr 2015 #43

murielm99

(30,761 posts)
2. I think it is about nothing.
Sun Apr 26, 2015, 03:09 PM
Apr 2015

They are throwing as much shit as possible to see what sticks. Benghazi isn't working out, so they are trying this, and this book is just more swift boating.

Jesus Malverde

(10,274 posts)
29. All depends which countries are on the amended returns.
Mon Apr 27, 2015, 03:43 AM
Apr 2015

And the amounts involved. Iran, Saudi, Russia, China, Israel or other counties with poor human rights could be a deal breaker.

Yo_Mama

(8,303 posts)
13. it tends to reemphasize the private email server deal - but it's not a drop-out signal.
Sun Apr 26, 2015, 04:16 PM
Apr 2015

Depending on exactly what happened, there may also be violations of the ethics agreement worked out before HRC became Secretary of State.


Response to Omaha Steve (Original post)

muriel_volestrangler

(101,361 posts)
12. UN human rights chief likens Katie Hopkins ‘cockroaches’ piece to Nazi hate speech
Sun Apr 26, 2015, 03:57 PM
Apr 2015
An article by Katie Hopkins for the Sun newspaper that called migrants ‘cockroaches’ has been likened to Nazi hate speech by a human rights chief at the United Nations.

Zeid Ra’ad Al Hussein, UN High Commissioner for Human Rights, said the piece published on Friday, April 17, after hundreds of migrants drowned on their way to Europe, was an example of the racism and xenophobia common in the British press.

“The Nazi media described people their masters wanted to eliminate as rats and cockroaches,” he said.

https://leftfootforward.org/2015/04/un-human-rights-chief-likens-katie-hopkins-cockroaches-piece-to-nazi-hate-speech/

Yeah, she was dehumanising a whole group of people, and you're just doing it about some Democrats. But still ...

Kablooie

(18,641 posts)
5. Why the hell didn't they carefully check their past tax filings before she announced?
Sun Apr 26, 2015, 03:18 PM
Apr 2015

They know that any tax errors will be ferreted out and blown up to gigantic disaster proportions so they should have audited themselves and corrected anything long before allowing Republicans to reveal them.

I would think that the Clintons would have insisted this was all checked out before Hillary started her campaign.

And if they were "mistakes" that they hoped to get away with, well, that's too stupid to imagine.

sadoldgirl

(3,431 posts)
6. That doesn't look good,
Sun Apr 26, 2015, 03:26 PM
Apr 2015

they should have checked this in January.

Still, I hope that most people will look at
it as a smear, but I doubt that the MSM will.

 

blkmusclmachine

(16,149 posts)
8. You KNOW the MSM will run this 24/7. Nothing they like better than magnifying every DEM hiccup.
Sun Apr 26, 2015, 03:41 PM
Apr 2015

Funny they don't do that to the GOP, ever, isn't it?!?!

George II

(67,782 posts)
9. Just about every committee or foundation makes errors and winds up submitting...
Sun Apr 26, 2015, 03:46 PM
Apr 2015

...amended reports.

I've been a campaign treasurer for eleven campaigns and I don't recall one where I didn't find an error and send an amended report, and our campaigns collected only about $20K each.

One year our opponent filed FIVE amended returns on the last day before the committee was terminated.

merrily

(45,251 posts)
26. A treasurer of a lower level campaign is not an accounting firm for a not for profit run
Mon Apr 27, 2015, 03:02 AM
Apr 2015

by a former President whose spouse is planning to run for President and which takes in millions and millions of dollar.

4139

(1,893 posts)
10. We'll know by Thursday if it really is a simple mistake...
Sun Apr 26, 2015, 03:47 PM
Apr 2015

If they haven't released the amendments by Thursday, then the problems weren't that simple.

 

Demeter

(85,373 posts)
11. All that money coming in the door, and they can't hire an honest accountant?
Sun Apr 26, 2015, 03:48 PM
Apr 2015

Spare me. It's an insult to everyone's intelligence.

jwirr

(39,215 posts)
15. I think it iwill depend on the details. Was it the same mistake each year? Was the mistake
Sun Apr 26, 2015, 04:27 PM
Apr 2015

dealing with a detail about a country that would raise questions. Can the Rs spin it so that the details look suspicious?

If the Rs can connect the dots in even the smallest way they will do it. And they will use it against her in the most damaging way regardless what the truth is.

 

cosmicone

(11,014 posts)
16. It is a mischaracterization issue - nothing serious
Sun Apr 26, 2015, 04:52 PM
Apr 2015

It is a non-profit and doesn't pay income taxes anyway.

However, they are required to separate the grants and donations received into various categories. They failed to account the donors separately between individuals and governments.

This is neither Bill Clinton's and definitely not Hillary's fault -- surely they don't look into the accounting of billions of dollars. They have people to do that stuff.

It is another repuke smear campaign and NY Times seems to have a hair up their ass and are enabling it.

customerserviceguy

(25,183 posts)
24. Do you think just categorization is enough?
Sun Apr 26, 2015, 10:34 PM
Apr 2015

I can imagine the press, then the GOP'ers, calling for 100% disclosure of every dollar paid by every individual and every corporation or nation. And at this point, I don't see anything stopping that.

Whitewater was originally not about a blue dress, it was about a land deal. It's clear that the Clintons fancy themselves as some type of wheeler-dealers. I have a feeling that this is about to get somewhat uglier.

 

cosmicone

(11,014 posts)
25. Some on DU want it to be wider but Clinton was a president when whitewater happened
Mon Apr 27, 2015, 01:47 AM
Apr 2015

Now he is a private citizen and works for a demonstrably charitable organization.

No laws have been broken and the repukes cannot have access to anything. The foundation has nothing to do with Hillary.

Another point -- it was Janet Reno who betrayed her president. Janet Reno's permission was needed to expand white water into Monica Lewinsky and Janet Reno should have flat out refused.



customerserviceguy

(25,183 posts)
45. You're wrong on a number of facts
Mon Apr 27, 2015, 07:08 PM
Apr 2015

When I mention "Whitewater", you're thinking of the Lewinsky affair. Yes, Whitewater morphed into that travesty, but way back when, it started as a land deal when Bill Clinton was Arkansas Attorney General, about the time that Hillary was playing around with cattle futures. It was investigated soon after Clinton became President, amid charges that political influence was used to get loans for the failed venture. As I said, wheeler-dealer stuff, not the way that working class people make their money.

How can you say that the foundation has nothing to do with Hillary? Hell, it's called "The Bill, Hillary & Chelsea Clinton Foundation" right in its title. Even if they called it "The Happy Fun Time Club" everybody who gave to it knew that Hillary would be completely aware of their donations.

You had better hope that she gets a serious primary challenger, and not some retread Republicon like Jim Webb or Lincoln Chaffee to run against her on this stuff, so that it can be labeled "old news" by the time she gets into debates with her Rethug challenger in the last couple of months before the general election.

Right now, polling shows 54 percent of voters don't find her trustworthy, with only 38 percent saying that she is trustworthy. And that's Quinnipiac, not some push poll from Frank Luntz. I can't see anything making the 54 percent figure come down, but I can see the 38 percent figure shrinking. That eight percent in the mushy middle is going to go somewhere, and as revelations come out, I don't see them going to the 'trustworthy' side.

 

cosmicone

(11,014 posts)
47. Hillary is not running against herself
Mon Apr 27, 2015, 08:55 PM
Apr 2015

So "trustworthiness" by itself is statistically useless.

The question is whether people trust Hillary more than Ted Cruz or Jeb Bush or Scott Walker or Rand Paul or any one of the other clowns.

I always find the measure of trustworthiness laughable.

Let's ask questions that go to the heart of people.

1. Would you trust Hillary to watch your kids for a few hours?
2. Would you trust Hillary to lend her $500 for a week?
3. Would you trust Hillary to buy a used car from her?
4. Would you trust Hillary to house-sit your house when you're on vacation?
5. Would you trust Hillary to let her borrow your car?

Those are the trusts people care about. Not some whipped up media innuendo-cloud whipped up by the repukes.

customerserviceguy

(25,183 posts)
48. It's a matter of who scares them the most
Mon Apr 27, 2015, 09:46 PM
Apr 2015

All of us will vote for Hillary, all who hate her and the values she nominally espouses will vote for whatever Rethuglican gets the nomination. But elections are not usually about hard and fast partisans, they go to whoever manages to motivate the folks who actually wait until the weekend before the election to decide who to vote for, the so-called swing voters, who I like to call the "mushy middle".

Now, these are folks who consciously avoid hearing, talking and especially thinking about politics, yet they miraculously think that they are obligated to vote. Anybody paying attention will know almost instinctively who supports their preconceived political notions, and will vote accordingly. In the end, it comes down to who scares the mushy middle the most who influences the votes that they feel they 'must' cast.

This last fall, it was Ebola, and the media played right into it. A few years ago, the Repukes tried Benghazi, and it fell flat. I mean, hell, who would go to Libya to work at an embassy, and put yourself at extreme risk? So, the mushy middle could not relate to the issue.

However, we have a number of things that Hillary can be said to have a hand in. She certainly greenlighted the Arab Spring, and right now, its bearing some pretty rotten fruit. There's the famous video of her gleefully pushing the 'reset' button with Russia, and the story is seeping out about how Putin is moving to get uranium to potentially use in nuclear missles aimed at us. Yes, a number of agencies signed off on that deal, but the GOP'ers will attempt to make the case, "Why didn't Hillary Clinton veto this deal? Did it have anything to do with the money her foundation was being paid?"

The Clintons are widely viewed as letting nothing stop or slow them down in their pursuit of power, fame, and influence. Their marriage is viewed widely as one of political convenience, and the question can easily be planted, "What would she (they) do if in the White House again? Who would they sell out this time?" Ask workers who feel that trade deals took their jobs that question, and see what their answer is.

Hillary doesn't want to borrow your $500, or sell you a car, or babysit your kids. She is asking to be in charge of the future of your entire country for the next four or eight years, something that few people are ever going to do. I expect the GOP to attempt to get people very, very worried about that prospect. Barack Obama was able to accomplish that feat seven years ago.

 

cosmicone

(11,014 posts)
35. She doesn't keep the books nor file tax returns.
Mon Apr 27, 2015, 12:23 PM
Apr 2015

Tomorrow, if they found crabgrass in her lawn, repukes will blame her for not using weed preventer and Bernie's supporters would join them without thinking that she doesn't take care of her garden.

hughee99

(16,113 posts)
33. Apparently, they don't have good people to do that stuff.
Mon Apr 27, 2015, 10:13 AM
Apr 2015

If nothing else, in gives the appearance that the Clintons don't always put competent people in key positions. This particular issue should have been one that the accountants were keenly aware of long before filing anything.

 

cosmicone

(11,014 posts)
36. A foundation that size probably has KPMG, PricewaterhouseCoopers or Deloitte doing their books. n/t
Mon Apr 27, 2015, 12:24 PM
Apr 2015

hughee99

(16,113 posts)
37. Maybe. I haven't seen it reported anywhere.
Mon Apr 27, 2015, 12:35 PM
Apr 2015

If it is one of the big firms, this is very bad PR for them. I suspect, though, it's not a big accounting firm.

 

Beauregard

(376 posts)
19. Uranium One
Sun Apr 26, 2015, 05:47 PM
Apr 2015
The New York Times has reported that people involved in a series of Canadian uranium-mining deals channelled money to the Clinton Foundation while the firm had business before the State Department. And, in one case, a Russian investment bank connected to the deals paid money to Bill Clinton personally, through a half-million-dollar speaker’s fee. There were a number of transactions involved, and corporate name changes, but, basically, a Canadian company known as Uranium One initially wanted American diplomats to defend its Kazakh uranium interests when a Russian firm, Rosatom, seemed about to make a move on them; and then, after the company decided to simply let Rosatom acquire it (through Rosatom’s alarmingly named subsidiary, ARMZ), Uranium One needed State Department approval. (The approval was necessary because Uranium One controlled American uranium mines and exploration fields, a strategic asset.)

The Times sums it up this way:

As the Russians gradually assumed control of Uranium One in three separate transactions from 2009 to 2013, Canadian records show, a flow of cash made its way to the Clinton Foundation. Uranium One’s chairman used his family foundation to make four donations totaling $2.35 million … Other people with ties to the company made donations as well.

The Times says that the donations were not properly disclosed—the paper confirmed them by looking at Canadian tax records.

http://www.newyorker.com/news/amy-davidson/five-questions-about-the-clintons-and-a-uranium-company

wordpix

(18,652 posts)
22. see, this is the problem: even if this is nothing big, it looks big
Sun Apr 26, 2015, 07:32 PM
Apr 2015

b/c million$ were donated to the Clinton Found from foreign donors and corporations, and possibly million$ also to Bill for speaker's fees while Hilary was SOS. So even if all the books are perfect, which they're not, this is a HUGE problem.

Hilary is not the one to lead us against the 1%, of which she is a member. Eliz. Warren is the one.

 

Beauregard

(376 posts)
34. It also involves a strategic material: uranium
Mon Apr 27, 2015, 11:33 AM
Apr 2015

The Canadian company had mines in the US, which our "arch-enemies," the Russians, now own, thanks to Hillary. I think that also makes the whole thing more dramatic.

wordpix

(18,652 posts)
46. totally with you - just shows Hil can't draw line
Mon Apr 27, 2015, 08:30 PM
Apr 2015

Sorry but Clinton Found chose to take million$ from these foreign corporatists tied to the nuclear weapons and dirty energy industry. Now that Hil is running, this is a very big issue and not just for the MSM and RWnuts but for this Dem.

She is now the last Dem candidate I would vote for.

Furthermore, I really take issue with anyone becoming a member of the 1% by way of a foundation. If you're funding a good cause, you should not be funding yourself a lavish lifestyle.

yurbud

(39,405 posts)
20. the broad strokes of corruption in warmongering, trade deals, and corporate coziness already
Sun Apr 26, 2015, 06:01 PM
Apr 2015

tell the whole story.

This is at best a footnote.

 

AngryAmish

(25,704 posts)
21. Mistakes are just an opportunity to be more precise.
Sun Apr 26, 2015, 06:16 PM
Apr 2015

The original filings are a good thing. And these new ones are even better.

DemocratSinceBirth

(99,711 posts)
31. Res ipsa loquitur
Mon Apr 27, 2015, 08:36 AM
Apr 2015
$ 4 Access.

That is the question.

And that is one question her campaign will never address.




The bottom line remains that the book fails to produce a shred of evidence supporting
the theory that Hillary Clinton ever took action as Secretary of State for the purposes of
supporting the interests of donors to the Clinton Foundation



http://images.businessweek.com/cms/2015-04-23/MEMO-Clinton-Cash-Claims.pdf

DemocratSinceBirth

(99,711 posts)
41. When you send an e-mail there is always a paper trail unless you are sending it to yourself.
Mon Apr 27, 2015, 01:16 PM
Apr 2015
Like I said "no evidence"





 

candelista

(1,986 posts)
44. What if Uranium One, et al., also wipe their hard drives?
Mon Apr 27, 2015, 06:57 PM
Apr 2015

I'm sure they've done it by now. That would make you right. There would be "no evidence." Not unless the NSA has it, and they aren't gonna talk.

 

quadrature

(2,049 posts)
43. somebody has to be the fall-guy ...
Mon Apr 27, 2015, 06:09 PM
Apr 2015

it was either ...
orders from the top,
or a mistake.

time for an investigation.
time for the ole song...taking the fifth

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