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re: Someone explain the Trump fraud case to me?
Posted on 9/27/23 at 8:21 pm to tango029
Posted on 9/27/23 at 8:21 pm to tango029
quote:
Engoron also found that Trump inflated the value of his Mar-a-Lago club by at least 2,300%, claiming the property assessed by the county between $18 million and $27.6 million was actually worth between $426,529,614 and $612,110,496.
Both you and the judge are morons. The assessment is multiplied by a millage rate to get taxes, and is not based on current value. The current value of my home is more than 3x the assessment.
Posted on 9/28/23 at 4:06 am to Free888
quote:
Both you and the judge are morons. The assessment is multiplied by a millage rate to get taxes, and is not based on current value. The current value of my home is more than 3x the assessment.
The judge isn't saying the property is worth 18m-27m. He's saying is fraudulent to say that a property appraised at that value is worth 23x (half a billion dollars) that appraisal. Note: this is all from 2011
Even commercial real estate valuations today only put it in the 300m range.
So do you believe that 3 years after the real estate bubble popped, that a property valued at 300m TODAY, was worth 400-600m 11 years ago?
Tell me you're not that moronic.
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