'It's just not wise': In past year, Trump's company repeatedly paid property taxes late

[DonViejo]

Source: The Washington Post




By David A. Fahrenthold and Jonathan O'Connell

July 18 at 8:00 AM

President Trump’s company missed deadlines to pay property-tax bills in five states over the past year — and those delays cost the company $61,800 extra in penalties, interest and missed discounts, according to government records and local officials.

This spate of missed deadlines was out of character for the Trump Organization, which receives hundreds of property-tax bills every year. Previously, records show, it had a good record of paying them on time.

But records show that between last November and this April, Trump’s company failed to pay property taxes on time in New Jersey, New York, Illinois and California.

In Florida, the company also missed a Nov. 30 deadline to pay its taxes early and claim a 4 percent discount. For the first time in at least nine years, the company waited until January to pay taxes on the Mar-a-Lago Club, two mansions and three golf courses. That wait increased the company’s bills by $23,500, records show.

Read more: https://www.washingtonpost.com/politics/its-just-not-wise-in-past-year-trumps-company-repeatedly-paid-property-taxes-late/2018/07/17/3ee0dcc0-8600-11e8-8f6c-46cb43e3f306_story.html?utm_term=.9c74aadc74eb

[lark]

1. Stupid is as stupid does!

Maybe he was waiting for the payment from all the companies, like DeVos, that got huge no-bid contracts to cage kids in unsafe and terrible conditions?

[NCjack]

2. The U.S. sanctions on Russia caused Putin to be late in sending

bribes to Trump, and that caused TrumpCo to be late in paying its bills.

[brush]

3. Hmmm, business/cash flow must be down in those businesses...

causing tax payments to be late.

Wonder why?