Comment

A Strange Night at the Tiki Bar: "O.I."

216
lawhawk9/28/2023 5:41:55 am PDT

re: #211 lawhawk

Extending the comments:

Trump has repeatedly sought to reduce the already unconscionably low assessed value on which taxes on the property are drawn from. He considered the assessed value of $27.6 million to be too high, even as he’s claiming the value of the property to be worth hundreds of millions of dollars, or even billions of dollars so as to entice investors, creditors, and potential members to join the golf club.

It’s a sham, and it all flows from Trump’s tax avoidance strategies and trying to maximize value to encourage investors in properties that are not worth anywhere near what he claims them to be.