Rep. Jared Moskowitz calls for Palm Beach County to tax Mar-a-Lago at the rate Trump claims it's worth

[Care4all]

Here is the law being used.....

Read the Judge’s Ruling in the Trump Fraud Case

The decision by Justice Arthur F. Engoron is a major victory for Attorney General Letitia James in her lawsuit against Mr. Trump, effectively deciding that no trial was needed to determine that he had fraudulently secured favorable terms on loans and insurance deals.

www.nytimes.com

 

[Couchpotato]

I've done that once.... my town used the 10 ft easement up on the main road to dig a gully for rain and snowmelt from the road and ended the gully by tilting it in to my property, so a little lake would form on the corner of my property that I could not use.... They did not ask permission to do this to my land... Make my property useless in that area.... I requested that they reduce the value if my land and reduce my taxes on it.... Of which they did!

Yeah I bet you never asked them to increase the value did you? Of course not. Its a stupid argument. The tax valuation is rarely if ever anywhere near the market value and no one ever asks the state to make it so.

Why did Trump repeatedly do that...? What was his purpose to lie before the banks and insurance companies etc? Was it truly harmless for his fraudulent statements and certification statements to be made...?

Why did Trump repeatedly do what? Try and get the tax valuation reduced on his property? Is that a serious question? Why did you do it? Why does anyone do it?

Regardless, the law states very very clearly, that NO ONE has to be harmed individually by the fraud one commits under this civil law..... Trump team tried 3 different times to use that excuse, but was shot down, legally rejected by the judge on those attempts under the law written....

And Finally, the judge sanctioned all three of Trump's lawyers for continuing their frivolous attempts to do this.... That talking point is DEAD!

Yes we know. Your team is super happy that they get to politically persecute a guy you don't like. Sad that none of you seem to realize the consequences of that action.

 

[Care4all]

Update from Trump.........

@realDonaldTrump

2h
“It’s almost obnoxiously low,” another Palm Beach realtor with over 30 years of experience in the area, tells the Sun…Mar-a-Lago has 17 acres and stretches across the island, with beachfront on both sides. “There are no comparables. There’s nothing to go on. It would be like you asking me how much is the Mona Lisa worth?” he says.

...........

@realDonaldTrump

2h
A chief property tax appraiser for Palm Beach County, Cecil Jackson, told Newsweek that clubs like Mar-a-Lago are assessed based on membership numbers, dues, and the cost to run the facility. These valuations are “for tax purposes only and not for financing or … for a lending institution,” he said.

...............

@realDonaldTrump

6h
The Racist Attorney General of New York convinced a New York Judge that Mar-a-Lago, in Palm Beach, was worth 18,000,000, when it may be worth 100 times that amount. They juggled my numbers in a fraudulent manner in order to make their Fake Case against me believable. This ridiculous suit should be immediately dropped. Appellate Division should intercede. These people, like Jack Smith, are DERANGED!

No one convinced the judge....

--------------

This civil law was already used against trump for Trump University, and Trump Charity, to shut them both down....

 

[Care4all]

Yes we know. Your team is super happy that they get to politically persecute a guy you don't like. Sad that none of you seem to realize the consequences of that action.

Not me. I'm waiting to see what happens on appeal.... Which is part of the legal process....

Trump will get his chance once again, in the appeals court.

This case is not about taxes or insurance fraud or bank fraud.....

It is about following the laws in place for good business practice and environment for all businesses....A market place of fairness and truth for all businesses.

 

[ColonelAngus]

Such a frivilous lawsuit.

The loans wee paid back with interest. The banks have appraisers.

THIS is RETARDED.

 

[Dragonlady]

You've either never owned any real estate or are just being an idiot. Maybe both.

Not only have I owned real estate, but I worked on Bay Street for 40 years on the kinds of real estate deals that Trump is involved in, and I've followed his history of fighting property tax assessments for DECADES.

This is his track record going back to the 1980's

Donald Trump fights valuation on Park Avenue retail space, saying the property is being overvalued when compared with similar buildings

Trump's real estate company filed a petition saying New York overvalued it 502 Park Avenue commercial space, compared with similar properties.

www.businessinsider.com

Trump’s Company Paid Bribes to Reduce Property Taxes, Assessors Say

Five former city employees and a former Trump Organization employee say the company used middlemen to pay New York City tax assessors to lower building assessments and pay less taxes in the 1980s and 1990s.

www.propublica.org

https://www.newsobserver.com/news/politics-government/article90053467.html

 

[hadit]

Wouldn't that be a hoot?

Could tRump even pay it at this point?

Rep. Jared Moskowitz calls for Palm Beach County to tax Mar-a-Lago at the rate Trump claims it's worth

Trump has claimed his Florida resort is worth as much as $1.5 billion, but the Palm Beach County property appraiser valued it far lower.

www.nbcnews.com

And when that happens, the case against TRUMP! goes away. That's what you're really after, right?

 

[Couchpotato]

Not only have I owned real estate, but I worked on Bay Street for 40 years on the kinds of real estate deals that Trump is involved in, and I've followed his history of fighting property tax assessments for DECADES.

This is his track record going back to the 1980's

Donald Trump fights valuation on Park Avenue retail space, saying the property is being overvalued when compared with similar buildings

Trump's real estate company filed a petition saying New York overvalued it 502 Park Avenue commercial space, compared with similar properties.

www.businessinsider.com

Trump’s Company Paid Bribes to Reduce Property Taxes, Assessors Say

Five former city employees and a former Trump Organization employee say the company used middlemen to pay New York City tax assessors to lower building assessments and pay less taxes in the 1980s and 1990s.

www.propublica.org

https://www.newsobserver.com/news/politics-government/article90053467.html

Wow. You mean he didnt want to pay taxes he didnt have to and tried to reduce his tax burden? OMG. Put him in jail. With me, and you, and everyone else in the country......

 

[Couchpotato]

Not me. I'm waiting to see what happens on appeal.... Which is part of the legal process....

Trump will get his chance once again, in the appeals court.

This case is not about taxes or insurance fraud or bank fraud.....

It is about following the laws in place for good business practice and environment for all businesses....A market place of fairness and truth for all businesses.

Yeah it's no political at all...... I promise. No seriously. It's just a coincidence that these cases are being filed now after all these years........ BTW did I mention I have some ocean front property in AZ for sale if you're interested?

 

[22lcidw]

Not me. I'm waiting to see what happens on appeal.... Which is part of the legal process....

Trump will get his chance once again, in the appeals court.

This case is not about taxes or insurance fraud or bank fraud.....

It is about following the laws in place for good business practice and environment for all businesses....A market place of fairness and truth for all businesses.

This is about America first and the sell outs who owe others allegiance. The empowered using vengeance as the tool to our national decline and acceptance into a world government. And many people do not realize that they will be poorer as sharing the wealth will be forced.

 

[Faun]

The tax valuation is rarely if ever anywhere near the market value and no one ever asks the state to make it so.

Who ever claimed their property was worth 4000% more than the government's appraisal?

 

[Independentthinker]

Wouldn't that be a hoot?

Could tRump even pay it at this point?

Rep. Jared Moskowitz calls for Palm Beach County to tax Mar-a-Lago at the rate Trump claims it's worth

Trump has claimed his Florida resort is worth as much as $1.5 billion, but the Palm Beach County property appraiser valued it far lower.

www.nbcnews.com

You people need to make up your minds. Is it worth that or not?

 

[Harpy Eagle]

But the judge said it was only worth 18 million...

Liar

 

[Dragonlady]

Such a frivilous lawsuit.

The loans wee paid back with interest. The banks have appraisers.

THIS is RETARDED.

No it absolutely is NOT "retarded". It is a national disgrace that this criminal has been allowed to get away with this stuff for 50 years. Every since his bankruptcy scams in the early 90's I've wondered why he wasn't being prosecuted for his obvious criminal behaviour.

Trump bragged about walking away from his first bankruptcy with $40 million in his own pockets. I was shocked by this since Trump had gone public with these casinos and invited investors to "get rich with him". Every time Trump has offered the public the opportunity to "get rich with him", Trump dances off with millions, and the members of the public who were gullible enough to believe his lies, lost their life savings.

How Donald Trump Bankrupted His Atlantic City Casinos, but Still Earned Millions (Published 2016)

Mr. Trump boasts of his success at the Jersey Shore resort, but regulatory reviews, court records and security filings indicate otherwise. And others paid the price.

www.nytimes.com

We’re watching Trump’s 7th bankruptcy unfold

Trump's reelection missteps echo mistakes from his casino and hotel bankruptcies. Yet he always seems to get another chance.

ca.news.yahoo.com

 

[ColonelAngus]

If I tell the bank my home is worth $1.5 billion…..they do not just take my word. THEY FUCKING APPRAISE IT.

The banks were paid back the loans with interest. This is level 9 TDS.

 

[Couchpotato]

Who ever claimed their property was worth 4000% more than the government's appraisal?

Who cares?

If I go down to the bank and ask for a million dollar loan and for collateral I offer a wooden nickel that I say is worth 1 million dollars. If the bank agrees is that my fault or the banks? Without knowing the exact details of the loans Trump got using his real estate assets as collateral if the banks made those loans they did so knowing what they were worth or didn’t care and gave him the loan based on his name/brand and their assessment of his ability to pay back the loan. You know just like they do with virtually everyone else.

 

[The Duke]

Trump has been taxed at the rate of an $18 million valuation. If Mar-a-lago is indeed worth $300 million, then TRUMP OWES MILLIONS IN UNPAID PROPERTY TAXES.

This is true of ALL Trump properties because Trump has consistently fought high property tax assessments on his properties.

Nothing wrong with that.

Nope the judge did not. He was only going by what the county appraiser down their in Florida appraised MAGA-Lardo at!

That's not the same as what one can sell property for.

Who ever claimed their property was worth 4000% more than the government's appraisal?

Someone who was getting a very good deal on their taxes.

What you chumps don't understand is that the taxable value of property starts at what it's assessed at when you buy it

and that it can only increase by law..I think it's up to 3% now, it was less..per annum.

"Donald Trump reportedly paid $10 million for his Mar-a-Lago property. This is significantly less than his original offer of $25 million. The sale included 17 acres of land and all the original home furnishings. He also later purchased the beachfront property in front of the estate."

The Real Reason Donald Trump Bought Mar-a-Lago and How Much He Paid

Why did Donald Trump purchase Mar-a-Lago? Here's the reason the president bought the Palm Beach, Florida, estate and how much he paid.

www.cheatsheet.com

^The amount that is taxed at can only rise 3% per year from the initial assessment. That's a safety to property owners,

for all the good it does.

 

[Aldo Raine]

Nothing wrong with that.

That's not the same as what one can sell property for.

Someone who was getting a very good deal on their taxes.

What you chumps don't understand is that the taxable value of property starts at what it's assessed at when you buy it

and that it can only increase by law..I think it's up to 3% now, it was less..per annum.

"Donald Trump reportedly paid $10 million for his Mar-a-Lago property. This is significantly less than his original offer of $25 million. The sale included 17 acres of land and all the original home furnishings. He also later purchased the beachfront property in front of the estate."

The Real Reason Donald Trump Bought Mar-a-Lago and How Much He Paid

Why did Donald Trump purchase Mar-a-Lago? Here's the reason the president bought the Palm Beach, Florida, estate and how much he paid.

www.cheatsheet.com

^The amount that is taxed at can only rise 3% per year from the initial assessment. That's a safety to property owners,

for all the good it does.

I never claimed that. Was pointing out to the poster that the judge did NOT appraise the property but the county appraiser did.

 

[The Duke]

I never claimed that. Was pointing out to the poster that the judge did NOT appraise the property but the county appraiser did.

Using a county tax assessment is not the main valuation when considering loans.

Market value is.

 

[marvin martian]

Wouldn't that be a hoot?

Could tRump even pay it at this point?

Rep. Jared Moskowitz calls for Palm Beach County to tax Mar-a-Lago at the rate Trump claims it's worth

Trump has claimed his Florida resort is worth as much as $1.5 billion, but the Palm Beach County property appraiser valued it far lower.

www.nbcnews.com

That's a dumb idea.

But in case it catches on, I believe my house is worth $1.

lol