President Donald Trump Was Right Again... Not Only He Paid His Taxes, HE OVERPAID!
Donald Trump is due a $1 million tax refund on his Chicago skyscraper and radical leftist prosecutor Kim Foxx is aiming to block it. President Trump is owed the huge sum after the Illinois Property Tax Appeal Board voted 5-0 to refund the amount levied on the Trump International Hotel and Tower’s commercial units for the 2011 tax year.
Some of the building’s retail units have been empty since it opened back in 2009, and the tax board has until recently, insisted on taxing the vacant stores at the same rate as if they’d been occupied. His lawyers argued that he was paying too much tax on the 98- floor building, contending that he was over-taxed because he couldn’t find tenants to fill the tower’s commercial units, meaning they had been overvalued.
With the Appeals Board now siding with him, the cash owed to Mr. Trump is set to come out of a public kitty that pays for the Chicago public schools, and other government services.
Our latest stories...Trump wins $1MILLION tax refund on his controversial Chicago skyscraper https://t.co/TXcZJLAjqx
— Daily Mail US (@DailyMail) July 31, 2021