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To: Steve_Seattle

“It’s not clear to me how overstating your wealth would get you tax deductions”


In 2014, the Trump Org valued seven mansions on the Seven Springs Estate at $161 million — though they did not yet exist, according to the petition.

Trump received tax deductions worth millions of dollars as a result of the nonexistent properties, according to James.


72 posted on 01/22/2022 2:16:40 PM PST by setter
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To: setter

Well lookee here who chimed in with all of Letitias big scoop? It is the FR know it all virtue signalling poser.

Years ago you would have been kitty bait.


73 posted on 01/22/2022 2:23:18 PM PST by dforest (Freaking insane world. )
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To: setter

Total BS. Property tax DEDUCTIONS are allowable only for actual taxes PAID. If no taxes had been assessed (because the properties did not yet exist) Trump could not have paid them. Trump’s accountants are too thorough to claim deductions for something not paid.


80 posted on 01/22/2022 3:12:05 PM PST by Auntie Dem (Hey! Hey! Ho! Ho! Terrorist lovers gotta go!)
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