The Sabans donate to the Clinton Foundation and other entities through the Saban Family Foundation. They have donated $3.5 million to Hillary Clinton’s current campaign for president and more than $12 million to the Clinton Foundation, on which Cheryl Saban serves as a board member. Hillary Clinton is promising voters that she will “close corporate tax loopholes and make the most fortunate pay their fair share.” Those pledges fly in the face of Saban’s tax avoidance practices. It disburses regularly multimillion dollar grants to its favorites: the Clinton Foundation, the Brookings Institution, Friends of Israeli Defense Forces, and various lobbyists for Israeli interests in the United States. The vast trove of documents, leaked to a journalism consortium, show how celebrities, politicians and the rich use offshore companies to avoid taxes.

Source: Fox News May 27, 2016 07:41 UTC