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

[Crepitus]

OP, why dont you pay taxes on the market value of your house and not the current county assessment? Why do you only want Trump to do this?

There's only about a 20% difference in mine. That's normal BTW. 2,500% is not.

 

[Rawley]

Fraud is still fraud even if you don’t wind up stiffing the bank. With accurate information, the bank wouldnt have taken the loan or charged a higher rate. Banks don’t want to take more risk than they know.

Bullshit. Why do you keep pretending a multibillion dollar corporation with hundreds of lawyers and CPAs is the equivalent of Sam Drucker?

 

[Missourian]

Inflating the value of assets is lying.

First there is no evidence the value was inflated. President Trump listed his assets at the value he believed they were worth at the time.

Second, it's worth what people are willing to pay for it. Worth is subjective.

Third, it's the lenders job to do their own assessment.

Fourth, the bank decides if the collateral covers the loan amount...not the court or President Trump.

Fifth...if this is true...who else has been prosecuted for this "crime"?

 

[Missourian]

Great.

A business is worth more that just the cost of the property itself.

 

[Marener]

Bullshit. Why do you keep pretending a multibillion dollar corporation with hundreds of lawyers and CPAs is the equivalent of Sam Drucker?

The fraud is on the statements. Its not the bank that matters.

 

[Tumblin Tumbleweed]

This rightie can get extremely violent when disturbed.

No one cares.

 

[Marener]

First there is no evidence the value was inflated. President Trump listed his assets at the value he believed they were worth at the time.

Second, it's worth what people are willing to pay for it. Worth is subjective.

Third, it's the lenders job to do their own assessment.

Fourth, the bank decides if the collateral covers the loan amount...not the court or President Trump.

Fifth...if this is true...who else has been prosecuted for this "crime"?

Theres considerable evidence they were inflated and that evidence was presented at trial.

Subjecticity its can account for moderate variation, not doubling, tripling or more.

Lenders doing their jobs doesn’t change the fraud that was presented to them.

 

[ColonelAngus]

In any objective analysis, Mar a Lago is worth significantly more than $18m.

Anyone who claims Mar a Lago is worth $18m is simply flat out wrong.

 

[Fort Fun Indiana]

First there is no evidence the value was inflated.

What a bizarre and idiotic lie. You are embarrassing yourself.

 

[Marener]

A business is worth more that just the cost of the property itself.

Indeed. But not to that degree.

 

[Missourian]

Theres considerable evidence they were inflated and that evidence was presented at trial.

Subjecticity its can account for moderate variation, not doubling, tripling or more.

Lenders doing their jobs doesn’t change the fraud that was presented to them.

Fake news...there was no trial...the "judge" banged the gavel and found President Trump summarily guilty.

The fix was in.

 

[Fort Fun Indiana]

Fake news...there was no trial...the "judge" banged the gavel and found President Trump summarily guilty.

The fix was in.

Liar. There was a trial.

And summary judgments occur all the time. You whine like a baby and call this one a fix, because you have no choice. The only alternative would be for you to admit that the orange pile of shit did something wrong.

 

[Marener]

Fake news...there was no trial...the "judge" banged the gavel and found President Trump summarily guilty.

The fix was in.

Get your facts straight. There was a summary judgment for the first cause of action.

Then there was a trial for causes 2-7. It lasted 11 weeks.

https://d3i6fh83elv35t.cloudfront.net/static/2024/02/nyag-v-trump-verdict-20240216.pdf

 

[Dragonlady]

All of your posts are 100% correct. These people are either:

1) Retarded AF
2) Lying
3) brainwashed and in a cult

Sometimes it is all 3.

His posts aren't 100% correct. They're complete bullshit.

There was no testimony from any banker that they "weren't defrauded". Trump's former bankers testified that Trump repaid his loans. That's not the same thing as saying there was "no fraud".

No bank will ever admit that someone put something over on them. And they never file charges in the case of fraud or theft, which happens more often than you would think. The banks don't file charges or admit fraud or theft because they don't want the public to know how vulnerable they are.

Mar a lago is a business.

If the banks weren't aware that they were being defrauded, why did they stop lending to Trump in 2000?

 

[Man With A Plan]

Fraud is still fraud even if you don’t wind up stiffing the bank. With accurate information, the bank wouldnt have taken the loan or charged a higher rate. Banks don’t want to take more risk than they know.

Are you claiming that the bank's own appraisers gave them inaccurate information? The fact of the matter, Marener is that it doesn't make a bit of difference what the information is that you give the bank. They're not going to make the loan based on that. They're going to do due diligence. They're going have their own appraisers give them a value for the property. You can CLAIM your property is worth a million dollars but if the appraisers tell the bank it's only worth $500,000 then they're going to go by THAT valuation!

It's like none of you on the left have ever done a real estate deal. If you had...you'd know that this whole indictment is farce.

 

[Marener]

The fact of the matter, Marener is that it doesn't make a bit of difference what the information is that you give the bank.

It absolutely matters. Giving false information to a bank is a crime.

The bank isn’t relevant to the crime.

 

[Man With A Plan]

His posts aren't 100% correct. They're complete bullshit.

There was no testimony from any banker that they "weren't defrauded". Trump's former bankers testified that Trump repaid his loans. That's not the same thing as saying there was "no fraud".

No bank will ever admit that someone put something over on them. And they never file charges in the case of fraud or theft, which happens more often than you would think. The banks don't file charges or admit fraud or theft because they don't want the public to know how vulnerable they are.






If the banks weren't aware that they were being defrauded, why did they stop lending to Trump in 2000?

Trump paid back the entire loan...with interest. The bankers testified that they were satisfied with the deal and would do business with Trump again. Yet somehow in your tiny little brain...that qualifies as fraud? Bernie Madoff running a Ponzi scheme and bilking thousands of investors out of 64 Billion dollars is fraud! That's REAL fraud...not this made up shit that James and Engeron cooked up! And after stealing that 64 Billion, Madoff's bond was for ten million dollars! Trump's is a half a Billion? How do you justify that? It's absurd.

 

[Man With A Plan]

It absolutely matters. Giving false information to a bank is a crime.

The bank isn’t relevant to the crime.

People overvalue their property all the time. Banks know they do. It's why banks have appraisers. What part of this concept can't you on the left grasp?

 

[Marener]

People overvalue their property all the time. Banks know they do. It's why banks have appraisers. What part of this concept can't you on the left grasp?

Who told you that people overvalue their assets to banks when getting loans?

I wouldn’t.

 

[Couchpotato]

Wrong. The past fraud doesn't go away, if he stops cheating.

If the state back dates the valuation it does dum dum. Hate makes logic hard.