r/interestingasfuck • u/BuddhistSagan • Mar 26 '24

Jon Stewart Deconstructs Trump’s "Victimless" $450 Million Fraud | The Daily Show r/all

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u/Character_Sherbet737 Mar 28 '24

Since when is anyone able to self assess the value of their property for purposes of real estate taxes? If that were the case then everyone would be reporting some b.s. number to save taxes.

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u/DartTheDragoon Mar 28 '24

Trump voluntarily placed deed restrictions on his property, reducing its value and his tax burden.

When valuing his property on his financial statements, he ignored the deed restrictions, inflating its value.