DM-
Jon Stewart lashed out at online haters calling him a hypocrite for bumping the value of his New York City penthouse 829 percent after bashing Donald Trump for overvaluing his properties.
The comic was specifically responding to Shark Tank star Kevin O’Leary saying just that and adding that ‘every real estate developer everywhere’ does what Trump does.
‘How is he not this mad about overvaluations in the real world? Because they are not victimless crimes,’ Stewart said.
‘The attorney general of New York knew that Trump’s property values were inflated because when it came time to pay taxes, Trump undervalued the very same properties,’ he continued. ‘It was all part of a very specific real estate practice known as lying.’
He added that ‘the system becomes incentivized for corruption’ when you behave as Trump is alleged to have done.
Some on social media responded by showing that Stewart himself had seen an overvaluation of his former residence by 829 percent, according to the New York Post.
Stewart sold a duplex in Tribeca to financier Parag Pande for $17.5 million in 2014.
Though the asking price is not available at the time, the estimated market value at the time was just $1.882 million and the accessor valuation was just under $850,000.
Pande resold the property at a 25 percent loss at over $13 million in 2021.
The records also claim that Stewart paid fewer property taxes because he paid them on the assessor’s valuation price that didn’t break seven figures.
It had many conservatives questioning what the difference between what New York Attorney General Letitia James fined Trump of vs. what Stewart did.
If you love wasting your life listening to a pile of BS, ask ANY liberal to defend ANY of their righteous “principles”.
lololol
John Stewart, Kimmel, Colbert. Never watched a minute and never will.
Life too short to waste time listening to stupid commie douchebags.
i feel much better now. i was worried jon that you were a really large phony.
He knows he’s perfectly safe overinflating both his ego and his properties – he’s a libtard after all…
If it weren’t for double standards…
property taxes are based on the assessors value, not the property owners opinion. Property sells for what people are willing to pay not what the assessor says they are worth. Like my grandpa said: “everything I have is for sale if the price is right”
Weird how that Daily Mail story devolved into some ancient feud, without ever addressing the fact that Jon Stewart is indeed a cranky asshole who got caught being a swollen, itching hypocrite. I guess we’ll have to wait for Snopes and the pack of fack-checkers to come to Jon Liebowitz’s rescue.
This story reminds me of his fellow unfunny TV clown, Jimmy Kimmel, who sneered at Aaron Rodgers’ academic record, and then people busted Kimmel for not even graduating from college. Lordy, the language out of that stuck pig in response to his accusers. When TV clowns get busted, it’s not a pretty sight as they lash out like the little bitches they truly are.
Where I live, the county sets the “value” for property tax (theft) purposes. You can appeal through a process, but in the end, THEY, NOT ME, get to decide. The PUBLICLY-KNOWN SALE PRICE plays a HUGE ROLE right after the sale. How is it that NYC/NYState doesn’t do the same thing, or why do they allow this if it is a problem? NOBODY CAN KNOW THE ACTUAL VALUE of ANYTHING until someone else is willing to pony up the price for a purchase. PERIOD!!! Valuations for property tax purposes are based on formulas that try and account for variations in property construction, recent sales, etc.
We’re going to spend this much money. We’ll raise your tax rate or raise the value of what we are taxing. Either way, we’re getting the money.
Everything I have is for sale if the price is right… except my patriotism.
Being a Communist Propagandist pays well and the bennies are killer!
It makes my fingers curl up and want to die to type this, but Jon, asshole that he is, is correct here.
@Briansbigfatidea is right. The govt property assessor urps up a number, and the govt tax collector raids your wallet based on that number. In theory you can challenge the assessment but in practice this happens in a tiny percentage of assessments. In practice, the owner has no control over the govt-dictated assessed value.
And Jon Stewart is an arrogant condescending smug prick.
“everything I have is for sale if the price is right”
Including wives and daughters? How about sons? Little kids? And how about renting them out? Various cultures on this planet do any/all of those things. And you wonder why our species is not ready for prime time.
Even if Trump gets to set the valuation of his own property for tax purposes — which he doesn’t — how does his setting the value of property in Florida affect his New York taxes?
Jon Stewart Says He’s “Not a Hypocrite”
Just saying that proves he is.
Yes, Al, but you’re forgetting that Stewart doesn’t acknowledge that Trump did nothing wrong. He can claim his properties are worth a gazillion dollars when using them as collateral to apply for a loan. It’s up to the bank’s underwriters to decide if the deal they accept is good. So, Stewart is a hypocrite. One can say he was the benefit of a tax assessor who got things wrong, or he benefitted from a buyer who paid too much, etc. But the argument can be made that he potentially had more “victims” than Trump did.
@BFH — We’re arguing past each other. You’re talking about claimed value of loan collateral, I’m talking about assessment versus market value of property. Apples and neutrinos.
What we absolutely positively DO agree on is that Stewart is a hypocrite.
He may not be a hypocrite,,, but he is a dickhead,,, for certain.
Nah,,, he’s a hypocrite too.
“Hypocrisy is a tribute that vice pays to virtue.”
Stewart is not simply a hypocrite, but a liar, a traitor to truth, a POS, and an asshole (which is quite an accomplishment – to pass through himself while being himself – a special kind of “hole-ness”).
mortem tyrannis
izlamo delenda est …