Dem
51
GOP
49
For property tax purposes, between 2011 and 2021, Donald Trump has valued Mar-a-Lago at $18-28 million. On financial documents given to banks, he claimed it is worth $490 million. Most likely this is due to his imagining what he could get by subdividing it into smaller plots and putting expensive homes there, even though zoning rules specifically forbid that.
But Rep. Jared Moskowitz (D-FL) believes Trump's claim that Mar-a-Lago is worth $490 million. Consequently, he wrote to the Palm Beach County property appraiser informing her that Mar-a-Lago is worth $490 million and asking him to appraise it at that value and adjust the property tax accordingly.
Come to think of it, Trump has also put valuations for his properties in New York City and Westchester County in financial documents that are far above the appraised values. Perhaps someone should point this out to the property tax offices in New York City and Westchester County. If the county appraisers did this, Trump would be put in a position of saying that the valuations he gave the banks were bogus. However, if he did that, Letitia James' ears might just perk up. (V)