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You are here: Home / 2016 Campaign / Trump Again Gets Tax Break for Earning Less Than $500K

Trump Again Gets Tax Break for Earning Less Than $500K

June 6, 2016 at 2:00 pm EDT By Taegan Goddard 59 Comments

“Donald Trump’s New York City property-tax bill, published June 3, shows he once again received a tax break aimed at middle-class New Yorkers,” Crain’s New York Business reports.

“The presumptive GOP presidential nominee’s latest property-tax bill shows he was awarded a credit under the STAR program, or the New York State School Tax Relief Program. To be eligible for STAR, a married couple must have annual income of $500,000 or less. You wouldn’t think a guy as rich as Trump claims to be would qualify, but he has received the credit for several years and records filed over the weekend with the city’s Department of Finance show he received a $304 STAR tax break for his Trump Tower penthouse.”

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Filed Under: 2016 Campaign Tagged With: Donald Trump

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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