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FBN’s Liz MacDonald on the millions of dollars unions are spending for their leaders to enjoy luxury resorts.
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For junkets they're paid by dues collected from the rank and file.
That also exempt from federal taxes two point six million dollars of the AFL CIO since 2810.
Was McDonnell joins us live.
-- of the latest live.
Hi.
Charles and what's going on here is that unions are nonprofit so what's happening is they collect.
Do those from their members and they don't have to pay taxes on their dues.
Now what's going on to is that union officials are using those member dues not just for things like collective bargaining or better pay.
They're also using at a high priced luxury junkets and they're calling these trips things -- Things like for executive council executive meetings and we're seeing as you noted asks me more than 2000002 million bucks.
AF LCI of more than two point six million dollars and also suffer from that.
Hundreds of thousands of dollars spent by the AFL CIO.
At places like casinos also on golf outings -- also seeing -- Charles teachers are -- it up hard at their members' expense.
More than one point two million bucks spent on spot resorts in upstate New York also places like the Tropicana.
Also things like basically amusement parks and Hershey Pennsylvania Charles so what Fox Business has been doing is we're taking it deep dive into government records of the IRS and the Department of Labor.
Because there's no one inspector general who oversees union says it has not profits but we're finding a lot of trips being made at member expense Charles and not every teacher not every cop not every fireman not every transit -- worker.
It's probably not invited Charles back to you.
Thank you very much that's a tremendous story especially in a year like this we appreciate it.
Well there's some big news coming out of China in the past couple of days that should worry us here.
