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Thanks Rick Scott! The GOP is out of campaign funds apparently?


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1 minute ago, PaladinSolo said:

Well their donor class is holding onto their money as long as Trump is a round, and their peasants are giving their money to Trump instead of them, so get fucked dipshits.

 

Apparently Trump endlessly grifting his supporters is also having a knock-on effect in less people donating to the GOP.

  • Sicko 5
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But didn't the one guy in NJ win his race in 2020 on like $100 or something like that. These races can be won by the lesser funded and we have seen it more than a handful of times in the past, Dave Brat readily comes to mind when he was outspent by somebody that was massively outspent but won his primary by a lopsided margin. 

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The cash infusion was arranged through an unusual series of transactions that appear to have avoided tax liabilities. It originated with Mr. Seid, a longtime conservative donor who made a fortune as the chairman and chief executive of an electrical device manufacturing company in Chicago now known as Tripp Lite.

Rather than merely giving cash, Mr. Seid donated 100 percent of the shares of Tripp Lite to Mr. Leo’s nonprofit group before the company was sold to an Irish conglomerate for $1.65 billion, according to tax records provided to The New York Times, corporate filings and a person with knowledge of the matter.

The nonprofit, called the Marble Freedom Trust, then received all of the proceeds from the sale, in a transaction that appears to have been structured to allow the nonprofit group and Mr. Seid to avoid paying taxes on the proceeds.

 

 

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