Posted on 06/10/2016 11:45:46 AM PDT by dennisw
New Jersey farmland law lets presidential candidate save tens of thousands property taxes on golf courses
The Trump National Golf Club in Bedminster, N.J., has goats that are continually moved around the property for the removal of invasive, non-native vegetation.
The Trump National Golf Club in Bedminster, N.J., has been the home for goats, under the care and supervision of the course-and-grounds department, that are continually moved around the property for the removal of invasive, non-native vegetation.
Donald Trump has found a solution that cuts both his grass and his tax bill: Goats.
The Republican presidential front-runner’s small goat herd, combined with hay farming and wood cutting, let him qualify for a New Jersey farmland tax break that saves him tens of thousands of dollars a year in property taxes on two golf courses, according to public records.
Mr. Trump’s golf clubs in Bedminster and Colts Neck receive the break and pay reduced property taxes on the part of the land devoted to agriculture. The Bedminster course includes 113 acres hay production and 8 goats, while the Colts Neck course has 40 acres of hay plus stands of trees, according to tax-break applications
It isn’t clear precisely how much Mr. Trump saves in taxes ......... suggests he pays less than $1,000 in taxes a year on land that would otherwise carry annual taxes of about $80,000, according to property values listed on the state’s website.
Mr. Trump continues a long tradition of famous and wealthy property owners who have benefited from the farmland assessment program, which was written into New Jersey’s constitution in 1963 to prevent overdevelopment in the state with the highest population density in the U.S. Others have included former Gov. Christine Todd Whitman, magazine publisher Steve Forbes and rock star Bruce Springsteen, according to published reports
(Excerpt) Read more at wsj.com ...
That dope Jin Bon Jovi also saves on taxes this way. It is via beehives or goats making all or part of the land zoned agricultural.
No kidding?
It’s foolish not to take advantage of laws that lower taxes. It’s the legislators who need scrutiny.
I love it. Another outside the box strategy of Trump’s. This kind of thinking is exactly what we need in the White House!
It is not the root function of people to finance their governments.
Whatever lawful things people can do to not pay taxes is simply them defending themselves against the avarice of politicians.
Really? So what?
Tax evasion is a crime.
Not taking every legal tax advantage is stupid.
Really? So what?
Tax evasion is a crime.
Not taking every legal tax advantage is stupid.
Gosh! He obeys the law and reduces his tax bill? I’m shocked! Shocked I tell you!!
Goats are vegitation-eating machines. And they fertilize the earth they tred.
My thoughts exactly !
One of my favorite early Trump films
https://m.youtube.com/watch?v=AiZqFGLAeAc
He’s really cute in that skit!
The Trump National Golf Club in Bedminster, N.J., has goats that are continually moved around the property for the removal of invasive, non-native vegetation.
...
Trump’s an environmentalist. The tax break is a bonus.
The Trump National Golf Club in Bedminster, N.J., has been the home for goats, under the care and supervision of the course-and-grounds department, that are continually moved around the property for the removal of invasive, non-native vegetation. Photo: Trump National Golf Club
https://www.youtube.com/watch?v=8SaHW6Y7_Yg
Trump walks out on Ali G. Does not fall for the con/shtick...
His friends from high school and college all said he was Fun (and in the middle of all pranks)
That’s his Scottish heritage. You see this all over the British Isles on conservated lands.
The better question is why are taxes so high in the Garden State?
Ping.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.