President Trump’s inaugural committee failed to disclose to the IRS how much money it received in ticket revenue, TPM has found after reviewing the group’s tax filings, a failure that tax experts find perplexing.
The Trump inaugural committee’s failure to identify the revenue it generated from the sale of tickets and other perks broke with the practice of previous inaugural committees. In doing so, the tax return that the committee filed with the IRS obscured a key metric of how it raised its record $106.7 million.
On their tax returns, other recent inaugural committees broke out sales revenue separately from contributions …read more
Source: TPM
