Politics & Government
Trump Golf Club Value Plummets When it Comes to Taxes
The value listed on a candidate disclosure form was much more than his tax lawyers are asserting -- though they've upped it a bit.
How much is Trump National Golf Club worth? Seems that it depends on the reason you are asking.
Republican presidential candidate Donald J. Trump listed the value of the 147-acre private club as being worth in excess of $50 million on a candidate disclosure form, according to ABC News.
Find out what's happening in Pleasantville-Briarcliff Manorfor free with the latest updates from Patch.
However, Trump’s tax lawyers have argued that the golf club is only worth $1.35 million.
SEE:
Find out what's happening in Pleasantville-Briarcliff Manorfor free with the latest updates from Patch.
- Trump Seeks 90% Cut in Property Taxes on His Westchester Golf Club
- Trump, Briarcliff Manor Fight over Flood Damage Bill
The Ossining Receiver of Taxes has said that effectively Trump will be passing the tax burden onto the public.
Eyewitness News ABC7 said Ossining town officials laughed when asked if the property could only be worth $1.4 million.
The 2015 assessed value of the club is $14.3 million, Eyewitness News said.
The news outlet also reported that Trump's lawyers revised their appeal, upping their estimate of the club's value to $9 million, after the original Eyewitness News report.
For the complete ABC News article and to see a video report, click here. For the Eyewitness News ABC7 story, go here.
SCREENSHOT: Trump National Golf Club Westchester and surrounding homes for sale/zillow.com.
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