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Tanuki

(14,920 posts)
Mon Aug 7, 2017, 07:16 AM Aug 2017

Trump pretends Bedminster golf resort is a goat farm to cheat on taxes

https://www.google.com/amp/s/patch.com/new-jersey/marlboro-coltsneck/amp/26967743/donald-trump-new-jersey-goat-herder

"COLTS NECK, NJ - Much has been made about Donald Trump's failure to release his tax returns, but our President has certainly bragged about paying as little in taxes as possible.

Well, one of the ways he does that is by maintaining a small herd of goats on his golf courses in Colts Neck and Bedminster.

According to this Wall Street Journal article, Trump keeps a small herd of goats on his Trump National course in Colts Neck. That herd, combined with hay farming and wood cutting done on the property, allows him to qualify for a special New Jersey farmland tax break, saving him tens of thousands of dollars a year in property taxes. While it is not known exactly how much Trump pays or saves (because he declined to release his tax returns), theJournal estimated the tax break could mean he pays less than $1,000 on land that would otherwise be taxed at $80,000 a year.
........

Trump works with local Colts Neck farmer Thomas Orgo to keep the goats and haul the hay. Orgo declined to speak with the Wall Street Journal for the article. Trump does the same thing with his Trump National course in Bedminster, where he also keeps goats and farms hay. Trump National in Colts Neck has 40 acres of hay fields, while Trump National in Bedminster has 113 acres."......

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Trump pretends Bedminster golf resort is a goat farm to cheat on taxes (Original Post) Tanuki Aug 2017 OP
Deplorables will love him even more because, "he's a SMART businessman". oasis Aug 2017 #1
Aw, cut the man a break! Selling Norwegian Blue Parrots didn't pan out for him struggle4progress Aug 2017 #2
Extra points for the Norwegian Blue. Zoonart Aug 2017 #9
Look at that plumage! yellowcanine Aug 2017 #16
He's pining for the fjords. progressoid Aug 2017 #18
As long as he meets the minimum provisions of the law Takket Aug 2017 #3
Some people say sdfernando Aug 2017 #53
Meanwhile, the average citizens of Colts Neck pick up the slack. Vinca Aug 2017 #4
Colt's Neck is a GOP stronghold crazycatlady Aug 2017 #22
That makes me feel much better about it all. Vinca Aug 2017 #41
Common Practice for Trump bpj62 Aug 2017 #5
Fake Farmer Donald has a farm E-I-E-I-O mia Aug 2017 #6
Selfie of Donnie and the disciple... icnorth Aug 2017 #23
Giving Steve Bannon his bottle? maxrandb Aug 2017 #29
E-I-E-I-O L. Coyote Aug 2017 #49
Very creative! 3catwoman3 Aug 2017 #55
We have a local slum lor who did the same goat thing on some Dustlawyer Aug 2017 #7
Yes, a lot of upper income people have apparently turned their houses into "farms"... PoliticAverse Aug 2017 #8
Just another goat burger HAB911 Aug 2017 #10
republican Comrade Casino wants the world to call it Summer White House Achilleaze Aug 2017 #11
I think I can see Donald face - second from right! smirkymonkey Aug 2017 #24
All white of course maxrandb Aug 2017 #28
Politicians on both sides of the aisle do this AwakeAtLast Aug 2017 #12
He has foxes as well. trusty elf Aug 2017 #13
I've lived in a number of states Bayard Aug 2017 #14
The rule should be that 100% of income generated on the land should be farm related. Golf membership Le Gaucher Aug 2017 #17
It's a multi-use property. You can have a house (1 acre) and a min 5-acres (animal, tree, crop, etc) TheBlackAdder Aug 2017 #33
I have always wondered how my taxes for a 0.3 acre property are not proportionately lower Le Gaucher Aug 2017 #35
I believe it's the first acre for the house lot is priced high, then extra acreage is lower. TheBlackAdder Aug 2017 #36
it makes my head spin Le Gaucher Aug 2017 #37
Did you petition for a reduction in property values, before home prices start going back up? TheBlackAdder Aug 2017 #38
Fits right in with a schyster landscaper that we used last year Roland99 Aug 2017 #15
The joke about the madam wrote her brothel off as a chicken farm? Marthe48 Aug 2017 #19
. Roland99 Aug 2017 #21
Obviously his tax returns are chock full of similar claims. maddiemom Aug 2017 #20
So in essence he can drive on the roads of New Jersey paid for with tax dollars, turbinetree Aug 2017 #25
Why not? maxrandb Aug 2017 #26
Those aren't goats maxrandb Aug 2017 #27
Trump has never made a secret of paying as little tax as he can get away with Not Ruth Aug 2017 #30
Having had a farm in NJ, it takes more than owning them, you must sell goods to qualify. TheBlackAdder Aug 2017 #31
I read somewhere CatMor Aug 2017 #54
Actually, there's only one goat there. And he likes to live....deliciously. Tommy_Carcetti Aug 2017 #32
Bewitching... MFM008 Aug 2017 #51
Only "little people" pay taxes . . . . NotMyFuhrer Aug 2017 #34
Sounds like the problem here is with the law NobodyHere Aug 2017 #39
Who is surprised by this? Gothmog Aug 2017 #40
Golly. sTrumpet CHEATS???? I never woulda thunk.......... raven mad Aug 2017 #42
That's funny! Did you draw that? Tanuki Aug 2017 #43
Nah, I'm not even THAT good an artist! LOL! raven mad Aug 2017 #44
There was an hilarious thread here a couple of years ago..... Tanuki Aug 2017 #45
LOL! Wish I'd seen it! raven mad Aug 2017 #46
Ok, because you love goats, I found the Facebook page Tanuki Aug 2017 #47
The goat milk people are just walking around with clubs Blue Owl Aug 2017 #48
Thanks! I've added this to Wikipedia. Jim Lane Aug 2017 #50
Trump cheats at all forms of taxation Gothmog Aug 2017 #52

Takket

(21,625 posts)
3. As long as he meets the minimum provisions of the law
Mon Aug 7, 2017, 07:43 AM
Aug 2017

There is really nothing here. We need the text of the law and the number of goats lol

Vinca

(50,303 posts)
4. Meanwhile, the average citizens of Colts Neck pick up the slack.
Mon Aug 7, 2017, 07:53 AM
Aug 2017

Some people become wealthy because they have good ideas and put them to use. Others become wealthy by screwing over other people. Hello Donald.

crazycatlady

(4,492 posts)
22. Colt's Neck is a GOP stronghold
Mon Aug 7, 2017, 10:02 AM
Aug 2017

It is also home to the county GOP headquarters. They typically vote 2-1 GOP.

bpj62

(999 posts)
5. Common Practice for Trump
Mon Aug 7, 2017, 07:53 AM
Aug 2017

He has,done the same thing at his course in Westchester and the course in Ashburn Virginia. He asks for the property to be assessed at a lower rate. With Bedminster he simply found a loophole and exploited it. The county can change the zoning to not include private clubs. We shall see.

icnorth

(1,015 posts)
23. Selfie of Donnie and the disciple...
Mon Aug 7, 2017, 10:06 AM
Aug 2017

the complete package, elongated cranium, big ears, and drool... ¿

L. Coyote

(51,129 posts)
49. E-I-E-I-O
Mon Aug 7, 2017, 10:29 PM
Aug 2017

Old Fart Donald had a farm
E-I-E-I-O
and on this farm he had some goats
E-I-E-I-O
With baaad baad here
And a baad baad there
Here a baad, there a baad
Everywhere a baad baad
Old Fart Donald had a farm
How f***ing baad is that?
E-I-E-I-O

Old Fart Donald had a farm
E-I-E-I-O
and on this farm he had some pigs
E-I-E-I-O
With Bannon oink here
And a Bannon there
Here a oink, there a oink
Everywhere a Bannon baad
Old Fart Donald had a farm
How f***ing baad is that?
E-I-E-I-O

Guess who's the cow.



Dustlawyer

(10,497 posts)
7. We have a local slum lor who did the same goat thing on some
Mon Aug 7, 2017, 08:00 AM
Aug 2017

prime property in our town. Everyone always wondered why there were goats there in the middle of town, but I had heard of the tax loophole before. It is why the rest of us bear the tax burden of other more entitled rich people.

PoliticAverse

(26,366 posts)
8. Yes, a lot of upper income people have apparently turned their houses into "farms"...
Mon Aug 7, 2017, 08:05 AM
Aug 2017

in areas where that type of property tax break has been implemented. Pity my squirrel "farm" doesn't qualify.

Achilleaze

(15,543 posts)
11. republican Comrade Casino wants the world to call it Summer White House
Mon Aug 7, 2017, 08:17 AM
Aug 2017

but it's a frikken FAKE GOAT FARM. How republican is that?

Here's exclusive photo documentation of the russian-backed republican faithful, submissively Assuming the Position for their vulgar, ignoble & untruthful republican Draft-Dodger-in-Chief.

AwakeAtLast

(14,133 posts)
12. Politicians on both sides of the aisle do this
Mon Aug 7, 2017, 08:22 AM
Aug 2017

As do many other people, however, I'm troubled more by his continued hiding of these tax breaks.

Bayard

(22,149 posts)
14. I've lived in a number of states
Mon Aug 7, 2017, 09:24 AM
Aug 2017

As long as you can show you're actually selling livestock or crops, you get the farm tax deduction. Same goes for buying farm supplies.

 

Le Gaucher

(1,547 posts)
17. The rule should be that 100% of income generated on the land should be farm related. Golf membership
Mon Aug 7, 2017, 09:33 AM
Aug 2017

Is not farm related.

I would impound the property for cheating on taxes.

TheBlackAdder

(28,211 posts)
33. It's a multi-use property. You can have a house (1 acre) and a min 5-acres (animal, tree, crop, etc)
Mon Aug 7, 2017, 11:01 AM
Aug 2017

If you have a 6-acre house lot, you can split it to be 1 acre for your home, and the other 5 acres can be of mixed use, animals, crops, trees, etc. You just can't claim things like bodies of water, though I've heard that Christie Whitman claims a lake on her property as part of her "farm." It' is how most people get by with having large parcels of land in NJ--keeping a buffer zone between their home and neighbors. As part of the house lot, the taxes would kill a person--depending on the town they live in. So, if you have 5 or more acres that can be repurposed, it's what most do to be able to keep their land or their family's inherited property. It also helps to keep agriculture active in NJ.

The sick part is, that this is a trick that millionaires use to dodge taxes.

Look up "Jon Runyan Donkeys" and you'll see a good example. Now, technically, just having them doesn't get you any tax breaks, unless you are raising them to sell--as a side business. I don't think he does that.

 

Le Gaucher

(1,547 posts)
35. I have always wondered how my taxes for a 0.3 acre property are not proportionately lower
Mon Aug 7, 2017, 11:12 AM
Aug 2017

compared to someone with a 1.5 acre property with a house that is twice my house's size

probably some such trick

TheBlackAdder

(28,211 posts)
36. I believe it's the first acre for the house lot is priced high, then extra acreage is lower.
Mon Aug 7, 2017, 11:30 AM
Aug 2017

Back when I had 70 various farm animals, horses, mini donkeys (the best), goats, chicken, llama, etc., the extra acres were taxed at $50 per acre. So, in my example above, a person might be assessed $100K or their first acre as a builkding lot, their additional acres might come in at $10K-$20K an acre. So, the lot assessment could be $150K, for their taxes. Convert that to farm use and You get $100K assessment, which might translate to a couple thousand dollars in taxes, and the farm use might now be $50 an acre (it was was $30 an acre 15 years ago). So, you might save a grand or two in yearly taxes doing this.

The problem is, that if this were to ever change from farm to residential use, in the future, something called Rollback Taxes apply in NJ. That's where the state comes back and taxes you full residential housing lot taxes for the past three years, since the lot is being converted to residential use.

Many builders will take over a farm, convert it to building lots, and when they sell these homes, hide the fact that the state will tax the new homeowners this Rollback Tax. People will buy a home in a new development, and a year later receive a Rollback Tax bill for a couple of thousand dollars from the state.

So, back to your post, your initial home's lot taxes are rated high, extremely high, then it becomes reduced after the first acre. It's kind of disproportunately applied to the block you live on and its use type.

TheBlackAdder

(28,211 posts)
38. Did you petition for a reduction in property values, before home prices start going back up?
Mon Aug 7, 2017, 11:56 AM
Aug 2017

Many of your neighbors have probably had their homes reassessed when their values dropped. Now, you can go to the tax assessor's office and pull the tax maps and charts for all of your neighbors and see if you are overpaying. Then, use that to get an equal reduction. If some of your neighbors are politically connected, they might have artifically lower property values, which can be mentioned to help reduce your assessment too.

Deoending on how small your town is, you might get resistance from your tax assessor, but this should all be visible as part of state sunshine laws. You might even have local newspapers or state/town resources that report this information online. Nothing beats the real documents, just in case there is some "error" with the inline stuff.

Remember, you town wants a certain amount of money, and they structured the taxes accordingly. However, you don't want to be the one they are taking advantage of by inaction to lower your rates. They definitely won't tell you you're overpaying.

Roland99

(53,342 posts)
15. Fits right in with a schyster landscaper that we used last year
Mon Aug 7, 2017, 09:29 AM
Aug 2017

He was from RI where he'd managed to declare his land as farmland for reduced taxes (he had a few trees he'd planted to be resold. Some farm) is he developed wetlands, against the law. Ended up filing farm bankruptcy (ch 12?)

And he's a big maga head, too

Marthe48

(17,021 posts)
19. The joke about the madam wrote her brothel off as a chicken farm?
Mon Aug 7, 2017, 09:43 AM
Aug 2017

Told the tax collector she raised a 1000 cocks a year

turbinetree

(24,720 posts)
25. So in essence he can drive on the roads of New Jersey paid for with tax dollars,
Mon Aug 7, 2017, 10:11 AM
Aug 2017

And if his f*cking building at either place catches fire, not to worry the fire department riding on the same road that he corrals on, being paid for by tax dollars

And if by some strange chance his water gets polluted and he can't drink it, the water department, if it hasn't been privatized>

Yet, like in some resort beach towns in New Jersey, just like the garbage collection, being paid by tax dollars, because you have to go to a dump that is owned by the state taxpayers to put all of that in the landfill, will be taken care of by tax dollars.

And as an added giggle to this bullsh*t of insult, the good old taxpayers get to pay for his f*cking golf cart and clubs, while people go into his golf resort and have a wedding there to pad his pocket and let him get away as of this writing to breaking the emoulment clause in the Constitution, and these same people running around saying that the government is to bloated and needs to be fixed.....................do I got this right and this asshole probably has ten goats being leased

And, then to top it all off, I have a conversation with my in laws friends this weekend at the shore, that George Soros is the problem and I look at them and say: I don't like the Koch Brothers, Devos, Popes, Aldeson, Cato Institute, American Enterprise Institute, and that there president is a sexual predator and traitor----------------you think I kept them as friends--------don't think so, BS is BS


And then I and many others have to pay our taxes for the infrastructure while he milks the system to pad his pockets-------for this horse sh*t


 

Not Ruth

(3,613 posts)
30. Trump has never made a secret of paying as little tax as he can get away with
Mon Aug 7, 2017, 10:23 AM
Aug 2017

This particular type of scheme goes back centuries.

TheBlackAdder

(28,211 posts)
31. Having had a farm in NJ, it takes more than owning them, you must sell goods to qualify.
Mon Aug 7, 2017, 10:51 AM
Aug 2017

.

But, I'm sure they have some way of scamming their forms to show some type of goat-relating business.

Keeping the amimals, effectively as pets, does not count.

.

CatMor

(6,212 posts)
54. I read somewhere
Tue Aug 8, 2017, 01:09 PM
Aug 2017

along with the goat herd he does hay farming and runs a wood cutting operation. Maybe that is what qualifies the tax break. To me it's a bunch of baloney and it's still just a lavish, overpriced golf course for the extremely wealthy.

 

NotMyFuhrer

(58 posts)
34. Only "little people" pay taxes . . . .
Mon Aug 7, 2017, 11:05 AM
Aug 2017

Only “little people” pay taxes - - - - is his motto, others of his ilk, and the attitude of most large corporations!!



#

Tanuki

(14,920 posts)
45. There was an hilarious thread here a couple of years ago.....
Mon Aug 7, 2017, 02:08 PM
Aug 2017

I'm on my phone and can't search it, but somebody pranked an offensive rightwing Facebook page, pretended to be an ally, was granted Administrator status, and proceeded to troll the site with goat pictures and ridicule. It was a thing of goatly beauty!

Tanuki

(14,920 posts)
47. Ok, because you love goats, I found the Facebook page
Mon Aug 7, 2017, 05:47 PM
Aug 2017

The original page had hateful crap on it including a picture of President Obama being lynched until the "goat" was made Administrator and took over the page. Read the top part and then scroll down to about January 10, 2014, when the merry goat mayhem began:

https://m.facebook.com/AmericatheGOATgeneration/?ref=page_internal&mt_nav=1

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