Loophole Don the Con-The Only Time Donald Trump Undersells: Tax Time

[malaise]

http://abcnews.go.com/Politics/time-donald-trump-undersells-tax-time/story?id=39133709
<snip>


May 16, 2016, 6:59 AM ET

PHOTO: A file photo from July 1988 showing real estate developer Donald Trump with former wife Ivana as they stood on their luxury yacht The Trump Princess in New York City. Trump paid the Sultan of Brunei $30 million for the nearly 300-foot yacht. Marty Lederhandler/AP Photo


The Trump National Golf Club in Westchester County, New York, with its lovingly manicured golf course, gently winding streams, stone bridges, 101-foot waterfall and an expansive clubhouse is, according to Donald Trump, reflective of “a true luxury lifestyle.”

Creating such a “memorable club” is not cheap: Trump wrote on a candidate disclosure form that the sprawling 147-acre private club bearing his name is worth “more than $50 million.”

But when it came time to value the property for tax purposes, his lawyers have argued that Trump National is really worth only $1.35 million. The proposed valuation has bewildered officials in the small town of Ossining, who said the new figure would cut Trump’s tax burden by 90 percent and dump that burden on everyone else.

----------------
Bwaaaaaaaaaaaaaaaaaaaaah that fucker Don the Con has been cheating for decades

[Jackie Wilson Said]

1. He is the very worst example of capitalism and that is why the right loves him.

If there is a single person on this earth who deserves not a penny, it is him.

[malaise]

2. Don the Con has out-coned

himself