Thursday, May 20, 2021

Well, which is it?

That is a photo of Trump National Golf Club in Jupiter, Florida. The question is, just how much is it worth? According to the official Executive Branch Public Financial Disclosure Report signed by Trump himself claims a worth of over $50 million.
The funny thing is that while he crows and preens about his property being worth more than $50 million dollars he has been suing the Palm Beach County Assessor over the assessed value of the course over and over. According to the Palm Beach Post in a 2017 story, he sued the Assessor's Office claiming that the property is worth less than the 2018 assessed value of $18.4 mmillion. He sued them in 2014, 2015, 2016, 2017 and again in 2018. When it comes to Trump's National Golf Course Westcheester in Ossining, NY it gets worse. This is from the same financial disclosure report referenced earlier:
As reported by CNNMoney back in 2017, Trump sued the Ossining Receiver of Taxes and claimed that the property was worth no more than $1.5 million. As a wise cartoon character famously said... Why does this matter? Because inflating the value of his assets to obtain loans and deflating them to get property tax breaks are among the potential criminal violations being investigated by the New York Attorney General. An investigation that has moved from civil to criminal in nature. Richard Nixon said "I am not a crook." We now know he was. Time will tell if our suspicions that Trump is a crook were right or not.