Post #26

0.5 acre lots with no shorefront on same island: $40 million
2 acre lot next to it: $200 million
17 acre lot with palatial estate and long history, spanning both sides of the island in the best location, bringing in $50-75 million per year in revenue: $18-26 million by judge's estimate


What really mystifies me is why the judge would bother making such a blatantly false appraisal when he could have just left it to an equally biased jury of new yorkers who would have decided Mar-a-Lago is worth fifty bucks, and washed his hands of it.

Post #30

Yeah, you're right. Trump is NOT innocent of being a businessman... like every other high stakes player out there. :/
It must be nice living in your candy coated world. ^^

It's likely if he wasn't running for president then his finances would be less tightly scrutinized.

You can hardly expect to be the leader of an establishment that includes the IRS, without someone exposing your own tax fraudulent tax practices.

Yeah... Obama went and bought a $14 mill house right after he was president. And the finances of most of the Congressmen are seriously... impossible, without some long term sleight of hand.
All the high rollers, in office and out... cheat. It's how they get to be high rollers.

Did you ever put money in Monopoly's Free Parking? Well there ya go.


It's not about his finances... it's about "orange man bad".
They are the swamp... and they don't want to be... cleaned.

This post was edited by Ghot on Sep 28 2023 04:49am

https://int.nyt.com/data/documenttools/trump-judges-ruling/ce6de7d636227e1b/full.pdf

So here's the actual decision, and notably this page;



What's going on here is the judge is demonstrating either a profound ignorance of Florida law and the housing market, or is willfully and maliciously weaponizing New York law against Florida law, imposing an interstate financial liability on someone for being subject to another state's policies. Assessed property values in Florida are wildly out of step and far below market value rates, as a result of intentional policies the florida legislature passed to cap assessed values and thus spare homeowners the ballooning property taxes that would come with the hot housing market. They purposefully keep their taxes low- back in 1995 Florida passed the Save Our Homes Amendment which caps assessed value increase per year at 3% or the CPI (10% max for non-homesteads), whichever is lower. As well as other clauses I probably don't even know about, seeing as I'm no master of Florida law
New York by contrast limits the property taxes rather than the assessed value, putting a limit on local governments to raise their rates.

The judge is taking a valuation of a property that's obviously worth $350+ million on the market, and could plausibly be closer to the $750 billion cited by Trump, and saying Trump is committing fraud and liable because his valuation isn't consistent with the Florida assessment. If Trump had cited the property as actually being worth $18 million like the judge said, he'd be committing fraud in Florida because that's obviously fucking wrong. Thus the judge has created a catch-22: Either Trump, a florida resident, can obey Florida law and violate New York law, or he can obey New York law and violate Florida law. Imposing penalties on someone for a property that is plainly not in the judge's jurisdiction.


I sincerely doubt this judge got their position in life while being a mouth breathing moron, so its just a political hitjob dressed up under a paper thin pretense.

I mean, citing the "2300% compared to the assessors's appraisal" does raise the specter that maybe judge engoron is a few cans short of a 6 pack. Serving on the new york supreme court is probably a mark against competency, after all

Goom bringing reality into a lunatic thread.

The US Supreme Court deems roe v wade rule unconstitutional. The Supreme Court is corrupt and must be dismantled/expanded.

The historically corrupt New York AG office gets a judge to value Donald trump’s properties less at less than their yearly revenue: justice!