skews13
Diamond Member
- Mar 18, 2017
- 9,968
- 12,831
- 2,415
Curtis, a former high school principal in Roxbury, seethes over the imbalances in town. While he pays more than $9,600 in annual property taxes on the undeveloped portion of his 2½-acre lot, some of his neighbors pay only a few hundred dollars on significant portions of their multi-acre estates thanks to farm assessments.
“This law has morphed into a scam that wealthy people, with large tracts of land, have adopted as their own personal tax-reduction scheme,” Curtis said.
No one is doing me a favor while I pay $4,683.32 per acre in tax, while these 155 entitled folks are paying $6.88 per acre,” he said.
What they are actually doing is transferring their tax bill to the 2,126 non-assessed property owners in town,” Curtis added, citing data from 2021. “It has to be understood: This is a tax transfer, not a tax break.”
In Bedminster, former President Donald Trump enjoys a farm tax break for a portion of his Trump National Golf Club.
The club’s 2024 property tax bill comes to $450,000 for its 320 conventionally taxed acres — a rate of $1,406 per acre — and $1,168 for its farmland, or just $6.38 an acre.
That’s a saving of almost $257,000, Curtis calculates. “Donald Trump charges a $350,000 membership fee to anyone who wants to join his club,” he said. “I hardly believe that Mr. Trump needs a 98% tax reduction when one new membership would more than pay for the taxes he is avoiding.”
apple.news
So that’s the tax policy driving people out of the state.
“This law has morphed into a scam that wealthy people, with large tracts of land, have adopted as their own personal tax-reduction scheme,” Curtis said.
No one is doing me a favor while I pay $4,683.32 per acre in tax, while these 155 entitled folks are paying $6.88 per acre,” he said.
What they are actually doing is transferring their tax bill to the 2,126 non-assessed property owners in town,” Curtis added, citing data from 2021. “It has to be understood: This is a tax transfer, not a tax break.”
In Bedminster, former President Donald Trump enjoys a farm tax break for a portion of his Trump National Golf Club.
The club’s 2024 property tax bill comes to $450,000 for its 320 conventionally taxed acres — a rate of $1,406 per acre — and $1,168 for its farmland, or just $6.38 an acre.
That’s a saving of almost $257,000, Curtis calculates. “Donald Trump charges a $350,000 membership fee to anyone who wants to join his club,” he said. “I hardly believe that Mr. Trump needs a 98% tax reduction when one new membership would more than pay for the taxes he is avoiding.”
Trump National Golf Club saves $257K a year through a tax break by claiming to have 12 goats — Golfweek
The club charges a $350,000 membership fee, meaning one new member would cover the taxes.
So that’s the tax policy driving people out of the state.