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I think what theyll say is he borrowed at one value and paid taxes at a lower value. Both can't be true... but it would still be a criminal case not civil unless my holiday inn stay doesnt qualify me for lawyering.OK, shit for brains! The company is accused of overvaluing the properties, not undervaluing. Properties are not taxed by the federal government anyway, dumbass!
Trump's Mar-A-Lago is also cited for artificially inflating it's value.
"Speaking to the press on Wednesday, James said that Trump "blatantly ignored legal restrictions at Mar-a-Lago." She explained that the property of Mar-a-Lago was valued on the "false premise that it sat on unrestricted property and could be developed for residential use."
"Trump knew, she said, that Mar-a-Lago had restrictions on residences. In fact, when Trump moved to Florida to live at Mar-a-Lago, the city council met to re-vote after previously saying that he couldn't live there more than a certain percentage of the year."
Which doesn't matter in the slightest.James says that Trump fraudulently valued multiple assets, including his own private residence. He claimed the apartment was 30,000 square feet, but the actual size was just under 11,000. No surprise — he’s known for falsely tripling the size of his assets.
This one.You mean like the fat former orange real estate guy from Queens.![]()
Yes....falsely tripling the size of his...................er.................assets.James says that Trump fraudulently valued multiple assets, including his own private residence. He claimed the apartment was 30,000 square feet, but the actual size was just under 11,000. No surprise — he’s known for falsely tripling the size of his assets.
I only speak about what you won't. the local government values all business and property. It's obvious with your posts you don't know that.Awwwwww.....when you fail, you resort to personal attacks. Here's your flag: View attachment 699304
and what did they appraise it at for tax dollars?Because its a NY company that owns it.
Trump valued his properties according to his needs instead of using any sort of consistent standard. He undervalued them for taxation purposes and he overvalued them when it came to taking on loans backed up by them.OK, shit for brains! The company is accused of overvaluing the properties, not undervaluing. Properties are not taxed by the federal government anyway, dumbass!
Listen shithead! Those are business taxes. There are no criminal penalties, dumbass!Calm down Rock. This is true (except DC which I think counts as Federal, but don't know). By undervaluing for taxes and overvaluing for loans they can get more loans, more interest, which is deductible on Federal taxes. Plus whatever other cheating on their taxes they did. Remember, the CFO already pled guilty.
She's been in New York all her life. Dumbass.was she there?
Nope. Who lent Trump money based on the over valuations?Trump valued his properties according to his needs instead of using any sort of consistent standard. He undervalued them for taxation purposes and he overvalued them when it came to taking on loans backed up by them.
Doing that is deceptive and even fraudulent, get it smarty pants?
It is up to the jury too determine whether the lawsuit is stupid. Not up to some right-wing clown in a message board.notice how we sorta went from leftist delight at letitia james stupid suit to now attacking rightwingers cause...the left sees how stupid this james suit is.
total lack of self awareness ON YOUR PART.Awwwwww.....when you fail, you resort to personal attacks. Here's your flag: View attachment 699304