2/24/2019

How Trump’s $50m golf club became $1.4m when it came time to pay tax   US news   The Guardian

2/24/2019

Trump Exaggerating His Net Worth (By 100%) In Presidential Bid

186,591 views   Jun 16, 2015, 01:14pm

NY: Donald Trump Announces Presidential Run // Credit: Anthony Behar/Sipa USA/Newscom

Trump Exaggerating His Net Worth
(By 100%) In Presidential Bid

How Trump’s $50m golf club became $1.4m when it came
time to pay tax

Erin Carlyle Forbes Staff

Same Donald Trump-owned golf club is separately accused of causing floods that led to
$240,000 worth of damage to New York village of Briarcliff Manor

Real estate: markets, luxury homes, and cities.

Jon Swaine in Briarcliff Manor, New York
Sat 12 Mar 2016 09.25 EST

Campaign exaggerations are as much a part of politics as kissing babies. In

An attempt by Donald Trump to slash the property tax bill on a golf club outside New York City
may be undermined by records indicating that he previously said the property was worth 35 times
more than the value he is now trying to convince a judge to approve.

announcing his bid for the Republican presidential nomination this morning,

The Republican presidential frontrunner is suing the town of Ossining in Westchester County to
reduce the taxes on Trump National Golf Club, a 147-acre property with a lavish clubhouse and 18hole course whose managers are separately accused of causing floods that led to $240,000 worth
of damage to local public facilities.

be exact.

Donald Trump started with what Forbes believes is a whopper. He claimed his
net worth was nearly $9 billion. We figure it’s closer to $4 billion -- $4.1 billion to

This discrepancy is noteworthy, since Trump’s financial success – he put his
fortune at exactly $8,737,540,000 -- is core to his candidacy. "I’m proud of my net
worth. I’ve done an amazing job," said Trump at his circus-like announcement,

https://www.theguardian.com/us-news/2016/mar/12/donald-trump-briarcliff-manor-golf-course-tax

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https://www.forbes.com/sites/erincarlyle/2015/06/16/trump-exaggerating-his-net-worth-by-100-in-presidential-bid/#76a3f9f2a974

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