There’s a rumor goin’ ‘round that “The Donald” buried his now-late first wife Ivana on his Bedminster, NJ golf course.
It’s no rumor.
It’s true.
Dr. Brooke Harrington, PhD, is a Professor of Sociology at Dartmouth College in Hanover, New Hampshire, who focuses upon the economic & organizational aspects of sociology, has a professional credential in wealth management, and specializes in “tax optimization” research. She has authored several books on wealth management, and about the mind-boggling efforts that wealthy elites go to, the shenanigans they participate in, and stunts they pull, all in order to avoid paying numerous kinds of taxes.
See: https://faculty-directory.dartmouth.edu/brooke-harrington
See also: https://works.bepress.com/brooke_harrington/
She wrote that, “As a tax researcher, I was skeptical of rumors Trump buried his ex-wife in that sad little plot of dirt on his Bedminster, NJ golf course just for tax breaks.
“So I checked the NJ tax code & folks… it’s a trifecta of tax avoidance. Property, income & sales tax, all eliminated.”
She followed up on that theme by writing that the “full text of NJ tax code for land used for human burial” states that there is “no stipulation regarding a minimum number of human remains necessary” for the tax breaks to kick in — [and it] looks like one corpse will suffice to make at least 3 forms of tax vanish.”
See: https://www.state.nj.us/treasury/taxation/pdf/pubs/sales/anj22.pdf
She further substantiated that claim by pointing to extensive investigative reporting published by ProPublica in their Non-Profit Explorer online search tool which showed that “Trump Family Trust” in Hackettstown, NJ (20 miles from Bedminster) has been a 501(c)(13) tax-exempt organization as a cemetery company since May 2016, and was formed exclusively for that purpose.
See: https://projects.propublica.org/nonprofits/organizations/465718872
The TFT organization’s 2014 form 990, a tax return which is a public record document, as all tax exempt organizations’ tax returns are, shows that on Schedule O, the Supplemental Information form accompanying form 990, on Part III, Primary Exempt Purpose, and on Part III, Line 28, First Accomplishment, reads that, “The corporation will Read the rest of this entry »