FACT Calls for IRS to Investigate Dem Congressional Candidate FACT Calls for IRS to Investigate Dem Congressional Candidate – NTK Network

FACT Calls for IRS to Investigate Dem Congressional Candidate

The ethics watchdog alleges that Arkansas Democrat Clarke Tucker misused funds from his charity.

By NTK Staff | 08.03.2018 @1:00pm
FACT Calls for IRS to Investigate Dem Congressional Candidate

The Foundation for Accountability and Civic Trust (FACT), in a statement on Thursday, announced that it “filed a complaint today with the Internal Revenue Service (IRS) against Arkansas State Representative, Clarke Tucker,” a Democrat running for Congress this year.

FACT argues that Tucker used his charitable foundation in an illegal manner, claiming compensation of $41,000 from a trust – a “clear violation of federal law,” according to the ethics watchdog.

The organization cited federal laws that prohibit using trusts to benefit managers:

The law also states that “a private foundation is further restricted and is prohibited from engaging in ‘self-dealing.’ Prohibited self-dealing activity includes compensating disqualified persons, including foundation managers defined as an ‘officer, director, or trustee of a foundation.’” Tucker is the sole-Trustee of the HLB Universal Healthcare Trust, which does not have any other officers or directors. And, while there is an exception to this rule, Representative Tucker did not meet that exception.

FACT hopes the IRS will properly investigate and do justice to their complaint.

Tucker is running against incumbent Rep. French Hill (R-AR), in one of Democrats’ top hopes for a pickup in November. But ethics issues could dog the liberal’s hopes of unseating the Republican.

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