Trump has claimed his Florida resort is worth as much as $1.5 billion, but the Palm Beach County property appraiser valued it far lower.
Trump has claimed his Florida resort is worth as much as $1.5 billion, but the Palm Beach County property appraiser valued it far lower.
A Democratic House member is asking Palm Beach County, Florida, to tax Donald Trump’s Mar-a-Lago property at the rate the former president claims it is worth amid his ongoing civil fraud trial in New York.
In a letter first provided to NBC News, Rep. Jared Moskowitz, D-Fla., issued the request to Dorothy Jacks, Palm Beach County's property appraiser.
Moskowitz noted New York Judge Arthur Engoron’s ruling last week saying that Trump repeatedly committed acts of fraud for years. Engoron ruled that Trump lied to banks and insurers by overvaluing and undervaluing his assets while exaggerating his net worth to billions of dollars.
I'm like 90% sure I saw a headline a month or so ago saying Trump "sold" Mar-a-Lago to his son. Seems like you could just take a look at that sale price for both the taxes and to evaluate its worth, although since it was sold to a family member the valuation is a bit suspect.
Edit: Since people are still commenting on it, see the child comments on here for details, but apparently that headline was incorrect and based on a bogus Zillow listing.
Interesting. I wonder if it was a listing created by someone else to generate controversy or how such a listing was generated. I've never used Zillow, do they not do any kind of verification of ownership before posting a listing? If so that seems like a massive opportunity for scammers. I'll need to do some googling and see if I can find that news story because all I saw was the previous headline claiming it had been sold.
Edit: After some digging my opinion of Zillow is now pretty low. Apparently the report of the sale was filled with major red flags but Zillow still listed it without question. The contact for the sale was listed as Brad Pitt, and the square footage was listed as 6,000 square feet instead of the actual square footage of 62,500. Both of those errors should have been enough to get someone at Zillow to take a much closer look, but apparently the only thing they actually checked was that the address listed on the sale matched.
Turns out it isn't, see any of the other comments in here. It was all based on a listing Zillow put up that was in turn based on something that was apparently bogus. Details on what source Zillow used seem hard to come by, but I did see one report claiming that that source listed the point of contact for the sale as Brad Pitt and that the square footage was an entire order of magnitude smaller than it actually is.
You saw and fell victim to a bullshit headline. That you apparently unwittingly believed it and never checked back means that whoever wanted that headline out there got exactly what they wanted.
I have no love for Trump but people have GOT to start being vastly more critical of what they read online, especially when its something so blatantly unusual.
A Democratic House member is asking Palm Beach County, Florida, to tax Donald Trump’s Mar-a-Lago property at the rate the former president claims it is worth amid his ongoing civil fraud trial in New York.
In a letter first provided to NBC News, Rep. Jared Moskowitz, D-Fla., issued the request to Dorothy Jacks, Palm Beach County's property appraiser.
Moskowitz noted New York Judge Arthur Engoron’s ruling last week saying that Trump repeatedly committed acts of fraud for years.
Engoron ruled that Trump lied to banks and insurers by overvaluing and undervaluing his assets while exaggerating his net worth to billions of dollars.
Trump has raged against Engoron’s ruling, insisting that his Florida resort is worth “50 to 100 times” what prosecutors in the New York civil case have said, or “closer to $1.5 billion.”
Moskowitz, first elected in 2022, is a moderate Democrat who represents a district in Florida that includes parts of Palm Beach County.
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