The Political Donation Pile-Up: How Your MLM 'Community Fund' Now Serves As A Legal Shield For Overpriced Hair Gels
WASHINGTON — In a move that has left regulators both bewildered and oddly impressed, multi-level marketing giants have unveiled a new strategy that experts are calling “the political charity tax,” according to industry analysts who should probably be paid to analyze this.
The scheme, dubbed “The Patriot Fund” by its creators at Simple Commissions LLC, allows distributors to donate 24% of their retail profits to local community initiatives while simultaneously receiving “tax-exempt status” for their hair gel empire, industry sources say. The company’s CEO, Jeffrey Long—a man who once claimed to have invented “financial independence” before being told by a barista he needed a resume—now oversees a foundation that donates $500 to the local food bank for every jar of $89 natural hair mousse sold.