ALBANY, N.Y. — A new round of property tax bills shows Republican presidential candidate Donald Trump again received a school tax exemption reserved for those making $500,000 or less a year.
Trump’s quarterly bill — dated Friday — showed a School Tax Relief, or STAR, exemption on his Trump Tower condominium in Manhattan, knocking about $304 off his annual property-tax bill.
The STAR exemption is only open to those who make less than $500,000 a year.
Trump’s property tax bill raises questions about whether the wealthy real-estate developer received the exemption in error, or if his income is below the STAR threshold.
When it showed up on Trump’s previous bill, both the Trump campaign and a New York City spokeswoman said it was an error. But the exemption remained when the city Department of Finance released the latest round of bills late last week.
Trump’s STAR exemption was first reported by Crain’s New York Business.
After the school tax exemption and a separate abatement for condo owners, Trump’s annual tax bill is $193,222 for the 5th Avenue condo. His residence has an estimated market value of $5.2 million and a billable assessed value of $1.8 million, according to his bill.
Trump’s STAR benefit lowered the assessed value of the property by $2,360.
