Sunday, September 18, 2016

tRump Tax Breaks

A Trump Empire Built on Inside Connections and $885 Million in Tax Breaks - The New York Times:

...The project set the pattern for Mr. Trump’s New York career: He used his father’s, and, later, his own, extensive political connections, and relied on a huge amount of assistance from the government and taxpayers in the form of tax breaks, grants and incentives to benefit the 15 buildings at the core of his Manhattan real estate empire.

Since then, Mr. Trump has reaped at least $885 million in tax breaks, grants and other subsidies for luxury apartments, hotels and office buildings in New York, according to city tax, housing and finance records. The subsidies helped him lower his own costs and sell apartments at higher prices because of their reduced taxes...

2 comments:

anonymous said...

Another shoulda-been-a-decision-maker article, in a normal year, with a normal electorate and a sane media. This expose of the grifter should piss off and scare off all of his supporters who think they are in favor of free enterprise. I'm glad to see the NYT taking some, if way too late, notice of this.

Keep posting these hard hitting articles. They've got to be making a dent in tRump's support.

Bob Harrison said...

Thanks for your support. I appreciate it.