Chicago trying to block a $1M tax rebate on Trump building - ViralMula.com
Connect with us

Celebrities

Chicago trying to block a $1M tax rebate on Trump building

Published

on

0 Shares

[ad_1]

Former President Donald Trump is owed a $1 million tax refund on his Chicago high-rise, Illinois officials say, but local authorities are trying to block the rebate.

The Illinois Property Tax Appeal Board unanimously voted last month to reduce the assessment on the Trump International Hotel & Tower‘s value, meaning Trump would be owed $1.03 million from his 2011 tax bill, according to The Chicago Sun-Times.

Now, the Cook County State’s Attorney is moving to block the payment.

Windy City government agencies would take a hit by the reduction, including Chicago Public Schools, which would lose $540,000, the newspaper said.

The county’s lawsuit with the Illinois Appellate Court is the latest chapter of a contentious 12-year saga over Trump’s tax bills, which has led to more than $14 million in tax breaks, according to the report.

The state originally rejected Trump’s argument that the building’s vacant stores had no value before reversing course, and the agency delayed acting on the case until the Republican left office.

A Chicago alderman, who is under indictment for racketeering and bribery, won the tax breaks for Trump through his former law firm.

Chicago government agencies could give up $540,000 in funding in order to pay former President Donald Trump’s tax refund.
Chicago government agencies could give up $540,000 in funding in order to pay former President Donald Trump’s tax refund.
EPA/WIN MCNAMEE/POOL

Alderman Edward Burke allegedly blocked businesses from getting city permits unless they hired his firm, Klafter & Burke.

The news comes a day after a top Justice Department official told the Treasury Department to give copies of former President Donald Trump’s long concealed tax returns to Congress.

The returns were obtained by Manhattan District Attorney Cyrus Vance, who is probing Trump’s real estate company for alleged insurance and bank fraud.



[ad_2]

0 Shares

Continue Reading
Click to comment

Celebrities

Usain Bolt Offers Sha’Carri Richardson Some Tough Advice Following Multiple Meet Losses

Published

on

By

[ad_1]

Jamaican sprinter Usain Bolt is offering some words of wisdom to rising track star Sha’Carri Richardson following the young athlete’s fall from grace.

During a recent interview with the New York Post, the eight-time Olympic gold medalist was asked about the 21-year-old whose stellar performance in the U.S. Olympic Track and Field Trials at the new Hayward Field in Eugene, Oregon, last June was quickly overshadowed by a series of incidents, including a failed drug test, which subsequently got her disqualified from the Tokyo games entirely.  

Bolt told the media outlet that the best thing the Texas native can do now is stop talking and focus on what really matters. “I would tell Sha’Carri to train harder and to be focused and not say too much…,” he explained. A much speculated lack of media experience ultimately led to a dim in her once fiery fan support. Many have expressed belief that the young star’s trash talk proved damaging to her brand. 

“If you talk that big talk you have to back it up,” Bolt continued. The Jamaican-born sprinting phenom added, “So just train hard and focus on that and try to come back, do it and then talk about it.”

On Aug. 21, Richardson finished in last place in the women’s 100 meters as Jamaica’s Elaine Thompson-Herah dominated the race. Shortly afterward, an online feud seemingly unraveled between Richardson and Team Jamaican.

Bolt told the outlet he and his fellow Jamaican athletes were not impressed by Richardson’s attitude, considering a rivalry between American and Jamaican sprinters that picked up some steam dating back to at least 2012. 

“Jamaicans were vexed because she was talking a lot of s–t before the actual race, it is just one of those things,” he explained. “Jamaicans don’t like when people talk s–t about us because we are a very proud people. So if you talk about us we are gonna want you to back it up. It definitely gave those women the extra push [to win.]” 

Richardson has had a few incidents with members of the Caribbean nation. She was offered an all-expenses-paid trip to Jamaica by a Jamaican hotel owner, following her loss to Jamaica’s Shelly-Ann Fraser-Pryce, who finished second in the Prefontaine race. Many people online found the gesture to be disingenuous.

‘You Have to Back it Up’: Usain Bolt Offers Sha’Carri Richardson Some Tough Advice Following Multiple Meet Losses

Continue Reading

Celebrities

TSRBrainGamez: Can y’all guess whose fresh mani-pedi this is, Roomies? (SWIPE)

Published

on

By

[ad_1]

TSRBrainGamez: Can y’all guess whose fresh mani-pedi this is, Roomies? 👀 (SWIPE)

[ad_2]

TSRBrainGamez: Can y’all guess whose fresh mani-pedi this is, Roomies? 👀 (SWIPE)

A photo posted by The Shade Room (@Viralmula.com) on

Continue Reading

Celebrities

SWIPE and PressPlay to see the two moments everyone is talking about that happened at the end of the DondaEvent – KimKardashian came out in a wedd

Published

on

By

[ad_1]

SWIPE and PressPlay to see the two moments everyone is talking about that happened at the end of the DondaEvent – KimKardashian came out in a wedding dress and performed what seemed like a mock wedding or reconciliation with KanyeWest . Also, KanyeWest left the stage on fire. @applemusic

[ad_2]

Continue Reading

Trending