Racket

The Trump Organization’s golf resorts in Aberdeenshire and Turnberry will benefit from emergency funding from the Scottish government worth £2.3bn, which includes waiving the property taxes paid by hospitality, leisure and retail businesses this year.

Before the coronavirus crisis, Trump Turnberry had been due to pay £850,766 in property tax this year and Trump Aberdeenshire £121,170. The Trump Turnberry’s tax bill was recently reduced to £770,845, upon appeal.

This week South Ayrshire, the local council which includes Turnberry, and Aberdeenshire council are expected to tell both businesses they no longer have to pay any of that tax, known as business rates, because they qualify for 100% relief.

Both resorts have been able to avoid paying corporation tax, the main business tax in the UK, because they consistently report heavy losses due to their debts to Trump himself, cumulatively put at £155m in 2018.

  The Guardian

Due to their debts to Trump himself! He fucking owns those properties. How can they be in debt to him?

The ownership of the Trump Organization was shifted to a trust when Trump became president, but the businessman and former reality TV star has remained the majority owner of the trust and is expected to retain his position in the company once his term in the White House ends. “A benefit to the Trump Organization is in large part a benefit to Donald Trump,” Bookbinder said.

[...]

In Scotland, the Aberdeenshire councillor Martin Ford said he did not object to Trump’s businesses using a furlough scheme that allowed staff to continue to be paid, but criticised the business rates relief.

[...]

“Unlike many people, Mr Trump won’t be suffering any financial hardship. He doesn’t need help. Mr Trump was given every assistance to set up in Scotland and the Scottish government repeated his ridiculous claims of an enormous economic and jobs boost for the region. Now, after years of losses, Mr Trump’s Aberdeenshire business is actually getting taxpayer support, perhaps a final irony in a very sorry saga.”

[...]

Trump Aberdeenshire announced on 24 March it had delayed reopening for the 2020 season because of the UK-wide coronavirus lockdown. Eric Trump, the president’s son, who runs his golfing empire, tweeted on 28 May that both resorts were reopening the following day.

TThe whole family is slime.