- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
In 2020, the same year Donald Trump valued his Mar-a-Lago social club at $517 million in his statement of financial condition, the former president’s tax representative signed a waiver agreeing with a much lower market value of $27 million, according to documents entered into evidence at trial.
Isn’t that fraud one way or the other?
Stating an Undervalue to the IRS, or stating a massively inflated price to prospective business people.
“It was worth that much to me”
“That checks out, sorry to trouble you sir, have a good day”
Slams gavel
Trump has long said that his net worth is actually dependent on how he feels and what he’s doing on any particular day
So apparently, Trump takes the “Bitcoin” approach to valuing his properties. It’s $517 million! No, wait, it’s only $27 million…hol’ up, it’s actually worth $1.5 billion! Can’t wait to see what it’ll be valued at tomorrow! HODL!!!
Definitely funny but the difference is, people will actually pay me today’s value of Bitcoin. No one I know would pay trump for those valuations.
Russians, mostly
Or Saudis, or really anybody else who has enough money to launder and zero morals about supporting that dipshit.