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Republican foul mouthed presidential front-runner Donald Trump reportedly qualified for a state property-tax break for people who make $500,000 or less, business newspaper Crain's reported Tuesday.
Trump qualified for the New York state School Tax Relief Program, called Star for short, which offers about a $300 annual benefit, on his latest property-tax bill for his Trump Tower penthouse on Fifth Avenue.
To qualify for the tax break, a married couple's annual income must be $500,000 or less.
According to records with the city's Department of Finance, Trump got a $302 Star benefit on his latest property-tax bill, Crain's reported.
Property-tax expert and former New York City Finance Commissioner Martha Stark told Crain's it was "interesting" that Trump received Star.
Trump released a financial statement last June that said his net worth was $8.7 billion.
A month later, he said in a press release his net worth was "in excess of ten billion dollars."
Of course we'll never know the truth, since he's being audited and daresn't release his tax information.
Last edited by DollyLongstaff (3/17/2016 7:39 am)
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He'd better turn in those tax returns....or perhaps the IRS should release information about this big mouth's lies....