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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAs Republicans use Trump for fundraising, he now expects a 5% cut
GOP candidates and campaign committees routinely reference Donald Trump in fundraising appeals. Now, the former president expects a 5% cut of the money.
Link to tweet
Three years later, the former presidents posture has evolved, though its still awfully strange. NBC News reported:
In fact, according to a memo obtained by NBC News, Trumps co-campaign managers, Susie Wiles and Chris LaCivita, requested a split of a minimum of 5% of all fundraising solicitations to Trump National Committee JFC. This includes but is not limited to sending to the house file, prospecting vendors, and advertising......
According to a report in Politico, which was first to report on this weeks memo, the former presidents operation insisted that the rationale behind the 5% take is to dissuade scammers from using Trumps brand without his permission and diluting his ability to raise cash.
And who knows, maybe theres some truth to this explanation. But its far easier to believe that Trump and his team are badly in need of cash; theyre trailing President Joe Biden and his operation in the dash for campaign funds; theres only so much money to be made selling Trump-endorsed Bibles and gold sneakers; and this 5% take might help give the presumptive GOP nominee a modest boost at a time of need.
Former President Donald Trumps campaign operation is asking any down-ballot candidates or Republican groups who use Trumps name, image or likeness in fundraising solicitations to give some of the money to Trumps main fundraising committee.
In fact, according to a memo obtained by NBC News, Trumps co-campaign managers, Susie Wiles and Chris LaCivita, requested a split of a minimum of 5% of all fundraising solicitations to Trump National Committee JFC. This includes but is not limited to sending to the house file, prospecting vendors, and advertising......
According to a report in Politico, which was first to report on this weeks memo, the former presidents operation insisted that the rationale behind the 5% take is to dissuade scammers from using Trumps brand without his permission and diluting his ability to raise cash.
And who knows, maybe theres some truth to this explanation. But its far easier to believe that Trump and his team are badly in need of cash; theyre trailing President Joe Biden and his operation in the dash for campaign funds; theres only so much money to be made selling Trump-endorsed Bibles and gold sneakers; and this 5% take might help give the presumptive GOP nominee a modest boost at a time of need.
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As Republicans use Trump for fundraising, he now expects a 5% cut (Original Post)
LetMyPeopleVote
Apr 18
OP
no_hypocrisy
(46,151 posts)1. Guess that means "RINO's" get to keep all their money . . . . .
Wonder Why
(3,231 posts)2. Not if they expect to be alive on January 21st and he wins.
House of Roberts
(5,179 posts)3. Boy, the vig on Putin's note
must be astronomical by now.
multigraincracker
(32,713 posts)4. Is that like a
Protection Fee?