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Trump overstated net worth by up to $3.6 billion per year, NY AG alleges in new filing (lemmy.world)
submitted 1 year ago by DevCat@lemmy.world to c/usa@lemmy.ml
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Former President Donald Trump’s net worth was inflated by billions of dollars more than what the New York attorney general’s office recently believed to be the case, the AG said in a new court filing Friday.

Citing an analysis by valuation and accounting experts and taking into account other adjustments, the AG alleged that Trump’s net worth in any given year between 2011 and 2021 was overstated by $1.9 billion to $3.6 billion.

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[-] WarmSoda@lemm.ee 13 points 1 year ago

He is not going to like this. He cares about what people think he's worth almost as much as he hates how small his hands are.

[-] walden@sub.wetshaving.social 6 points 1 year ago

He's very confident with his hair and skin, though.

[-] ivanafterall@kbin.social 1 points 1 year ago

He has hair? This whole time, I thought he was wearing a shoddy albino coonskin cap.

[-] jordanlund@lemmy.one 10 points 1 year ago

I'm sure he paid taxes on that inflated wealth too, right? ;)

[-] dubba@lemm.ee 4 points 1 year ago

In most cases, income is taxed, not wealth; property tax is an exception to this rule.

[-] s20@lemmy.ml 6 points 1 year ago

Oh, look, it's my surprised face again:

😐

[-] carl_dungeon@lemmy.world 4 points 1 year ago

Oh shit does that mean he overpaid on taxes???? Haha j/k

[-] library_napper 3 points 1 year ago

Down voted. When you post something to Lemmy, you should be submitting a creditable link to the source.

Please delete and repost as a link.

[-] D1G17AL@kbin.social 2 points 1 year ago

This is amazing.

this post was submitted on 08 Sep 2023
98 points (99.0% liked)

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