The New York Times is reporting on what appears to be a record-setting political donation in the US, though the principals involved aren’t exactly household names. The story by Kenneth P. Vogel and Shane Goldmacher reports that Barre Seid—a mogul who made his fortune in electronics manufacturing—donated $1.6 billion to a new conservative nonprofit called the Marble Freedom Trust. The latter group is run by Federalist Society co-chair Leonard Leo, a prominent figure in conservative causes…
The money could give conservative causes a major push ahead of the midterms, per the story, which digs into the unusual way the donation was structured. Instead of cash, Seid donated all of his shares in his Tripp Lite company to Marble Freedom Trust before the firm sold for $1.6 billion. Both Seid and the group may be able to avoid paying taxes on the sum as a result.
Excluding Soros, of course.
How many skyscrapers will it down?
My only concern is that this kind of thing usually comes with strings attached.
Hopefully the only string is the one requiring the money be used to uphold and defend the Constitution.
Wow, even Outdoorjohn can’t compete with that.
@beachmom August 23, 2022 at 1:05 pm
> Hopefully the only string is the one requiring the money be used to uphold and defend the Constitution.
(smile)
It couldn’t happen any other way.
And just that quickly, the progtards are once again against big money in politics.