Ira Magaziner, the CEO of the Clinton Health Access Initiative (CHAI), asked former President Bill Clinton to thank Morocco’s King, Mohammed VI for ‘offering his plane for their conference in Ethiopia.’ Bill Clinton has frequently experienced free, luxurious private jet travel during his post-presidential life. Bill Clinton, his wife and his daughter have tactfully secured free air travel and luxurious accommodations since they left the White House. It’s an effective way to accept gifts of great value without declaring them for the Clinton Foundation. “It’s highly illegal and it’s likely that the owners of these aircraft took tax deductions as a gift to the Clinton Foundation”, Charles Ortel, a Wall Street analyst and critic of the Clinton Foundation told.
In the Moroccan case, The Clintons was able to fly for free from Rabat, Morocco to Addis Ababa, Ethiopia on the King’s specially equipped 747 – 400 jumbo jet, jetting 3,367 miles! Excluding the flight, King Mohammed has donated at least $28 million to the Clinton Foundation! The Clintons were traveling to attend a conference organized by Sheikh Mohammed Hussein Al-Amoudi, an Ethiopian – Saudi billionaire who is the second wealthiest man in Saudi Arabia. The sheikh has donated up to $10 million to the Clinton Foundation! Read more on the Clintons
But neither the Clinton Foundation nor CHAI have listed any ‘non-cash or cash contributions’ on their 2011 tax return. The Clintons also stayed at a five – star hotel in Jaipur, India in 2014 on an official Clinton Foundation business trip and stayed in a $13,900 per night villa. These accommodations were not itemized on the foundation’s tax returns. There are a large number of other free trips and expensive perks Clinton and his family have enjoyed without listing it to the IRS. Many are from foundation donors.
The IRS in USA should crack the whip on the Clintons and tax every donation, cash or non – cash their organizations have received. If they fail to pay the taxes, they should be imprisoned as per the law, without fearing for riots that might take place as a result. It’s the only way to minimize corruption related to tax payments. Read more on Startups