Americans are guaranteed two things in life. They are death and taxes. And it looks like the Republican presumptive nominee, Donald J. Trump, is having a little bit of tax trouble. It’s not over his income tax, but the taxes assessed on a property in Washington, D. C. that Trump wants to turn into a hotel.
Trump has filed a challenge to the possessory interest taxes on the property for the 2015 – 2016 taxation years. Trump feels that the tax should be assessed lower and has asked for a refund of any money paid in excess of the property’s reassessed value. At issue is an old post office building that Trump has leased with the intention of turning it into a hotel. The building was previously an office building for the U. S. General Services Administration and is due to open as a hotel in September this year.
Young Conservatives reports:
Taxes. That’s something that no one on the planet likes dealing with.
Even the Democrats who pretend that they love them will never be caught sending in more to the feds than what they owe.
Looks like Donald Trump is having a little tax issue of his own.
Donald Trump is challenging the amount of taxes assessed by the District of Columbia against property near the White House that he is turning into a hotel.
The Trump limited liability company leasing the property filed a petition in the D.C. Superior Court tax division on Thursday, asking the court to lower the assessed value of the property for the 2015 and 2016 tax years and to direct the District to refund any tax deemed excessive.