Path: ...!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail From: "Adam H. Kerman" Newsgroups: rec.arts.tv Subject: Re: Dispatches from Clown World: Actual NY Times Headline Date: Tue, 26 Mar 2024 16:15:44 -0000 (UTC) Organization: A noiseless patient Spider Lines: 42 Message-ID: References: Injection-Date: Tue, 26 Mar 2024 17:15:45 +0100 (CET) Injection-Info: dont-email.me; posting-host="3a1dca0f6cfcb209f610255b8ebeab74"; logging-data="2003284"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1+VlVOTKef2Z6b+oe0u2X8M9hq/+4pJSoY=" Cancel-Lock: sha1:XYKB/0BbMBNnLbQYUgBbY+lZbq0= X-Newsreader: trn 4.0-test77 (Sep 1, 2010) Bytes: 2833 suzeeq wrote: >On 3/26/2024 4:22 AM, NoBody wrote: >>On Tue, 26 Mar 2024 00:43:03 +0000, BTR1701 wrote: >>>Wait a minute. Trump's civil fraud verdict was based on the notion he >>>systematically gave an incorrect valuation to his properties in order to >>>deceive lenders (even though all lenders were repaid and none of them ever >>>made complaints against him and all said they'd do business with him again). >>>Now, the New York Times admits that reaching a proper valuation for Trump's >>>buildings is a "guessing game". >>>https://ibb.co/tJkZL5d >>>Untangling Trump's Real Estate >>>Donald Trump owes $454 million by Monday or risks losing some >>>properties. But experts say valuing the buildings would be a guessing >>>game. >>Well a liberal judge who decided upon guilt before the trial began >>(and stated so at the start) guessed at the value of everything and >>declared that the offense was so terrible that it required a >>ridiculous fine that you have to post in full if you want to appeal >>his stupidity. >>About sums the whole thing up. >It's normal for a bond for the whole fine, plus interest, to be posted >for an appeal. He was already found guilty of fraud last year, the >latest trial was to determine the amount of the fine. They figured it >out by determining the amount of taxes that would have been owed, plus >the amount of interest on loans if the real amount of the property had >been stated in the first place. Do you have the URL of that news article that you just read? I didn't know the fraud case was also about underpayment of state taxes, and I'm not sure how Trump's mis-appraisal resulted in a larger underpayment of taxes. If he overstated the value, then his assessment was too high and he overpaid property taxes. Does New York still have a personal property tax?