Leibowitz didn't overvalue anything though. He sold it, establishing its value. If the tax man is too dumb to pick up on that this one thing isn't Jon's fault.
In his 12 min rant the only two actual points he had against Trump:
banks didn't make as much money on interest as they could have
Trump didn't pay 'enough' property taxes, expounding that it wasn't victimless because if he had paid more than assessed there would be more food stamps and Walgreens.
In both cases the property was taxed far below it's value and the principals knew it. In Leibowitz's case we know for sure that he failed to voluntarily overpay the assessed tax in the year he sold it - that's if he listed it at $2 million and maybe there was a bidding war that drove it up to $20. I'd bet he listed it higher than $2 million though, indicating he already knew it was worth more than assessed.
The only difference here in (2) is that Trump continued to not voluntarily overpay the assessed tax for a several years whereas John only did so for one or more years. This is quite a fine distinction. "I only killed one person whereas he killed 3 or 4 people" - you both did the same thing, just to varying degrees.
The only non-hypocritical point John Stewart Leibowitz made was the bank could have made slightly more money - which he said in his piece he doesn't care about and the bank also said they don't care about.
In his 12 min rant the only two actual points he had against Trump:
In both cases the property was taxed far below it's value and the principals knew it. In Leibowitz's case we know for sure that he failed to voluntarily overpay the assessed tax in the year he sold it - that's if he listed it at $2 million and maybe there was a bidding war that drove it up to $20. I'd bet he listed it higher than $2 million though, indicating he already knew it was worth more than assessed.
The only difference here in (2) is that Trump continued to not voluntarily overpay the assessed tax for a several years whereas John only did so for one or more years. This is quite a fine distinction. "I only killed one person whereas he killed 3 or 4 people" - you both did the same thing, just to varying degrees.
The only non-hypocritical point John Stewart Leibowitz made was the bank could have made slightly more money - which he said in his piece he doesn't care about and the bank also said they don't care about.