Rep. Jared Moskowitz (D-FL) is asking Palm Beach County 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, NBC News reports.
Wrote Moskowitz: “Between 2011 and 2021, you value the Mar-a-Lago property between $18 million and $28 million. Mar-a-Lago was listed as worth $490 million in financial documents given to banks. If the property value of Mar-a-Lago is so much higher than it was appraised, will you be amending the property value in line with the Trump family’s belief that the property is worth well over a billion dollars?”
When we let people who own many widgets estimate the value of a widget, the price of a widget can just keep going up every 6 months. And then down again at tax time.
It’s a great time to be a widget owner.