Path: ...!weretis.net!feeder8.news.weretis.net!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail From: shawn Newsgroups: rec.arts.tv Subject: Re: Dispatches from Clown World: Actual NY Times Headline Date: Tue, 26 Mar 2024 13:03:03 -0400 Organization: A noiseless patient Spider Lines: 55 Message-ID: <6pv50jlju65cqqudaqels4bmif82852roh@4ax.com> References: MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Injection-Date: Tue, 26 Mar 2024 17:03:04 +0100 (CET) Injection-Info: dont-email.me; posting-host="9da95962575bcdedde34bc8eeb68135c"; logging-data="2041338"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX18gvpb6GXC/nXLdp/+vddrlbPtFruhP0q8=" User-Agent: ForteAgent/8.00.32.1272 Cancel-Lock: sha1:3dhWQ+0WOqHU9aJFGDYq8uwUKh4= Bytes: 3481 On Tue, 26 Mar 2024 16:15:44 -0000 (UTC), "Adam H. Kerman" wrote: >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. He overstated the value to the banks and understated (or stated correctly) the value to the IRS. >Does New York still have a personal property tax? I don't know, but wouldn't be surprised to find out they have a tax on the personal property tax. Jon Stewart actually did a good job covering this issue in a clip from his show from last night. https://www.youtube.com/watch?v=EDMinX6t1Zk