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Jon Stewart has been accused of “hypocrisy” after allegations emerged that he overvalued his New York home by 829 per cent when it was offered in 2014.
The criticism comes days after the comic skewered Donald Trump after the former US president claimed his multi-million greenback fraud was a “victimless crime”.
A decide has ordered Trump to pay $464m (£367m) over a decade-long scheme through which prosecutors alleged he falsely inflated the values of Trump Organisation property to acquire loans.
“It was all part of a very sophisticated real estate practice known as ‘lying’,” Stewart joked on The Daily Show on Monday (25 March). “Because they are not victimless crimes.”
However, 2013-2014 assessor paperwork seen by the New York Post seem to point out Stewart’s 6,280 square-foot Tribeca duplex condominium was estimated to be value $1.88m at the time he offered it for a considerably larger value.
Parag Pande purchased the home for $17.5m, promoting it at a virtually 26 per cent loss for $13m in 2021.
The property’s asking value at the moment is just not out there in itemizing information.
According to The Post, the assessor valuation was got here in even decrease at $847, 174. The publication studies that Stewart seems to have paid considerably decrease property taxes that have been calculated based mostly on this assessor valuation value – which is the precise apply that Stewart lately known as Trump out for throughout his present.
Stewart had argued: “Money isn’t infinite. A loan that goes to the liar doesn’t go to someone who’s giving a more honest evaluation. So the system becomes incentivised for corruption.”
Stewart has been accused of overvaluing properties
(Getty Images)
“And the only immoral practice, apparently, in the capitalist system is to use that money for people who may need it,” he mentioned, exhibiting clips of events through which US residents have been the centre of information tales for “abusing the system” to feed their household and utilizing meals stamps.
Based on that logic, Stewart argued: “Stealing is only justified when you already have too much.”
One-term president, Trump, was initially ordered to pay the multi-million fraud bond by Monday. A panel of state Appellate Division judges, nonetheless, unexpectedly granted him a 10-day extension to pay $175m (£138m) of the complete $464m (£367m) judgment.
The Independent have approached Jon Stewart’s representatives for remark.
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