Trump Case:New York Executive Law 63(12) - empowers the attorney general to go to court and seize assets. what precedents are there?

[ColonelAngus]

Lets examine the case studies.

Lets reviews the charges, the trials, and the decisions.

Case #1)

It is interesting that the ASSESSED VALUE of Jon Stewart’s apartment in New York was $740,000. THAT IS WHAT HE WAS PAYING TAXES ON. HE SOLD THE PROPERTY FOR $17.5 million.

So he committed tax fraud, right?

Dif he get a loan to buy the property? Did he tell the bank it is only worth $740,000?

Should Stewart be prosecuted under the exact same statute?

THIS COULD BE VERY WIDESPREAD IN NY. EVERY SINGLE REAL ESTATE TRANSACTION FOR THE PAST 20 YEARS AHOULD BE AUDITED AND ANYONE WHO OVER ESTIMATED THE ASSESSED VALUE OF THEIR PROPERTY SHOULD PAY MILIONS IN FINES!

 

[ColonelAngus]

Anyone?

Any precedents for

New York Executive Law 63(12)​

ANYONE?

Why only in 2024 and why only QUICK BEFORE THE ELECTION?

Why not Trump in 2026?
Why not Trump in 2025?

Only Trump and only in 2024!

Why not Trump in 2023?
Why not Trump in 2022?
Why not Trump in 2021?
Why not Trump in 2020?
Why not Trump in 2019?
Why not Trump in 2018?
Why not Trump in 2017?
Why not Trump in 2016?
Why not Trump in 2015?
Why not Trump in 2014?
Why not Trump in 2013?
Why not Trump in 2012?


WE ALL KNOW WHY. THIS IS A POLITICAL WITCH HUNT.

 

[Catsnmeters]

Lets examine the case studies.

Lets reviews the charges, the trials, and the decisions.

Case #1)

It is interesting that the ASSESSED VALUE of Jon Stewart’s apartment in New York was $740,000. THAT IS WHAT HE WAS PAYING TAXES ON. HE SOLD THE PROPERTY FOR $17.5 million.

So he committed tax fraud, right?

Dif he get a loan to buy the property? Did he tell the bank it is only worth $740,000?

Should Stewart be prosecuted under the exact same statute?

THIS COULD BE VERY WIDESPREAD IN NY. EVERY SINGLE REAL ESTATE TRANSACTION FOR THE PAST 20 YEARS AHOULD BE AUDITED AND ANYONE WHO OVER ESTIMATED THE ASSESSED VALUE OF THEIR PROPERTY SHOULD PAY MILIONS IN FINES!

What did Stewart value the apt at...meaning what did he tell banks the apartment is worth when he attempted to secure better interest rates?

 

[Dragonlady]

Lets examine the case studies.

Lets reviews the charges, the trials, and the decisions.

Case #1)

It is interesting that the ASSESSED VALUE of Jon Stewart’s apartment in New York was $740,000. THAT IS WHAT HE WAS PAYING TAXES ON. HE SOLD THE PROPERTY FOR $17.5 million.

So he committed tax fraud, right?

Dif he get a loan to buy the property? Did he tell the bank it is only worth $740,000?

Should Stewart be prosecuted under the exact same statute?

THIS COULD BE VERY WIDESPREAD IN NY. EVERY SINGLE REAL ESTATE TRANSACTION FOR THE PAST 20 YEARS AHOULD BE AUDITED AND ANYONE WHO OVER ESTIMATED THE ASSESSED VALUE OF THEIR PROPERTY SHOULD PAY MILIONS IN FINES!

Only if he claimed his apartment was worth $100 million and he tried to borrow $50 million on the security of $17.5 million property. There is no law against undervaluing your property. Only in claiming it's worth a lot more money than than it is.

If you were an American living in the USA you'd know that Angus!

 

[kyzr]

What did Stewart value the apt at...meaning what did he tell banks the apartment is worth when he attempted to secure better interest rates?

Doesn't matter, its the bank's job to ensure that the collateral used to secure any loan is adequate.
Banks must do their own evaluation of what properties/collateral is worth, or they don't lend.

 

[bendog]

What did Stewart value the apt at...meaning what did he tell banks the apartment is worth when he attempted to secure better interest rates?

It's a waste of time. Maga couldn't compare/contrast an apple and orange

 

[kyzr]

Only if he claimed his apartment was worth $100 million and he tried to borrow $50 million on the security of $17.5 million property. There is no law against undervaluing your property. Only in claiming it's worth a lot more money than than it is.
If you were an American living in the USA you'd know that Angus!

Actually in the US "Caveat Emptor" (buyer beware) is controlling.
The buyer/lender needs to confirm details before executing the purchase.

caveat emptor /ĕmp′tôr″/

noun​

1. The axiom or principle in commerce that the buyer alone is responsible for assessing the quality of a purchase before buying.
2. A commercial principle that without a warranty the buyer takes upon himself the risk of quality.

 

[bendog]

Doesn't matter, its the bank's job to ensure that the collateral used to secure any loan is adequate.
Banks must do their own evaluation of what properties/collateral is worth, or they don't lend.

But that's not what the idiotic op charged. Stewart paid taxes on the amount his apartment was valued at - that's the charge. OMG, imgaine anyone doing such a despicalbe act.

 

[ColonelAngus]

No precedents? This is the only time in the history of earth that anyone has been prosecuted via this statute?

Wow! Well, no way this is political. I mean, it has never been done to anyone ever, but now….the leading political opponent of the sitting President is being prosecuted by members of the Democrat party.

Obviously, completely fair!

 

[Catsnmeters]

Doesn't matter, its the bank's job to ensure that the collateral used to secure any loan is adequate.
Banks must do their own evaluation of what properties/collateral is worth, or they don't lend.

It does matter in the context of the OPer.

Evidently he/she is posting a false equivalence.

 

[mudwhistle]

Lets examine the case studies.

Lets reviews the charges, the trials, and the decisions.

Case #1)

It is interesting that the ASSESSED VALUE of Jon Stewart’s apartment in New York was $740,000. THAT IS WHAT HE WAS PAYING TAXES ON. HE SOLD THE PROPERTY FOR $17.5 million.

So he committed tax fraud, right?

Dif he get a loan to buy the property? Did he tell the bank it is only worth $740,000?

Should Stewart be prosecuted under the exact same statute?

THIS COULD BE VERY WIDESPREAD IN NY. EVERY SINGLE REAL ESTATE TRANSACTION FOR THE PAST 20 YEARS AHOULD BE AUDITED AND ANYONE WHO OVER ESTIMATED THE ASSESSED VALUE OF THEIR PROPERTY SHOULD PAY MILIONS IN FINES!

We all know that these legal cases are hogwash.

 

[ColonelAngus]

And to you cult fucks….this does not seem suspicious?

A PREVIOUSLY NEVER PROSECUTED STATUTE WAS USED AND ONE MAN MADE THE VERDICT.

NO WITNESSES. BANK WERE NOT ALLOWED TO TESTIFY.

Banana Republic bullshit. If you are good with it because you do not like Trump, I cant wait for it to happen to you and your family…because it will.

No precedent. One judge summary judgement.

NO DISCLOSED MATH TO GET TO $455m fine.

Engoron should be indicted for corruption. He should get no witnesses and a summary judgement of life in prison. Sounds fair….right?

 

[leftwinger]

And to you cult fucks….this does not seem suspicious?

A PREVIOUSLY NEVER PROSECUTED STATUTE WAS USED AND ONE MAN MADE THE VERDICT.

NO WITNESSES. BANK WERE NOT ALLOWED TO TESTIFY.

Banana Republic bullshit. If you are good with it because you do not like Trump, I cant wait for it to happen to you and your family…because it will.

No precedent. One judge summary judgement.

NO DISCLOSED MATH TO GET TO $455m fine.

Engoron should be indicted for corruption. He should get no witnesses and a summary judgement of life in prison. Sounds fair….right?

All these bogus charges/fines need to be vacated on appeal or the Country is lost forever going forward due to the DOJ and corrupted DEM jurisdictions. //

 

[ColonelAngus]

Cult fucks. You want every real estate transaction for like the past 20 years audited and if the exact same thing Trump did comes up, the criminals should be fined hundreds of millions of dollars, right?

Impossible to argue against that, correct?

IT IS A SERIOUS SERIOUS CRIME...AND NO ONE IS ABOVE THE LAW…NOT EVEN JON STEWART.

 

[ColonelAngus]

All these bogus charges/fines need to be vacated on appeal or the Country is lost forever going forward due to the DOJ and corrupted DEM jurisdictions. //

I hope they will be, but who knows.

Engoron should be in prison...absolutely disgusting abuse of power of the highest order.

No one can explain how he came up with $455m fine with no victims.

WHAT WAS MADOFF FINED? SBF? THEY STOLE BILLIONS.

You blue fuckers are trying to get a battleship chain through the eye of a needle. It aint fucking going to work.

 

[IDIOCRACY]

Lenders appraise and evaluate.

Leftists fed tds

Lender paid up with interest

Lefist breathes tds

Lender says they'd loan again.

Leftist bleeds tds.

Leftist prove they can do the same to anyone that threatens their mafia and money.

Leftist heard Trump is the danger.

Lefists dropped their heads a long the way; or perhaps it's the results of vaccines or somthin', leading to lazy thinking and dishonesty.

 

[ColonelAngus]

I had a VA buyer once.

100% disable Nam vet.

The VA appraised my home $30k under the agreed sales price and would not give the 100% DISABLED VETERAN THE LOAN.

They wanted me to eat $30k.

FUCK OFF.

It sold 2 weeks later for $40k above the VA appraisal.

THE BUYERS BANK APPRAISED MY HOME $40,000 higher than the VA a mere 2 weeks later.

My point is that THE FUCKING LENDER RUNS THE SHOW AND HOLDS THE CARDS.

Have any of you cult fucks ever actually owned a home?

 

[Batcat]

Lets examine the case studies.

Lets reviews the charges, the trials, and the decisions.

Case #1)

It is interesting that the ASSESSED VALUE of Jon Stewart’s apartment in New York was $740,000. THAT IS WHAT HE WAS PAYING TAXES ON. HE SOLD THE PROPERTY FOR $17.5 million.

So he committed tax fraud, right?

Dif he get a loan to buy the property? Did he tell the bank it is only worth $740,000?

Should Stewart be prosecuted under the exact same statute?

THIS COULD BE VERY WIDESPREAD IN NY. EVERY SINGLE REAL ESTATE TRANSACTION FOR THE PAST 20 YEARS AHOULD BE AUDITED AND ANYONE WHO OVER ESTIMATED THE ASSESSED VALUE OF THEIR PROPERTY SHOULD PAY MILIONS IN FINES!

You might find Florida Law very interesting. It provides another reason for people to leave New York and move to The Free State of Florida.

What Is the FL Save Our Homes Property Tax Exemption?

The Save Our Homes (SOH) Cap reduces property taxes for Homestead Property owners in Florida. SOH caps the annual increase in assessed value.

www.hauseit.com

What Is the Florida Save Our Homes Property Tax Exemption?​

By Sonja Gosine, Spokesperson at Hauseit® /

Save Our Homes (SOH) is a property tax exemption for qualifying Homestead Property homeowners in Florida which lowers your property taxes. SOH works by capping the annual increase in assessed value for tax purposes.​

After the first year a homeowner receives a Homestead Exemption, SOH limits the annual increase in the assessed value to either 3% or the percentage change in the Consumer Price Index (CPI), whichever is lower.​

This means that even if the market value of a homestead property increases significantly in any given year, the assessed value may not increase by more than the cap.​

Snip

Over time, the SOH assessment limitation can result in huge disparities between market value and assessed value for tax purposes. The accumulated difference is called the SOH benefit.​

 

[BluesLegend]

Dumb ass Democrats, the way they are going nobody will want NY assets.

 

[kyzr]

But that's not what the idiotic op charged. Stewart paid taxes on the amount his apartment was valued at - that's the charge. OMG, imgaine anyone doing such a despicable act.

1. You only pay taxes on the assessed value. The municipality sends you a tax bill. You pay it.
2. What NY charged Trump with is lying on a loan application, saying that the property he put up as collateral was over-valued and that cheated the lender, even though the loan was paid in-full.

I hope Trump sues NYC and NYS for $billions.