Trump Keeps a Couple Of Goats On His New Jersey Golf Club To Claim Tax Break As a Farm: Report
President Donald Trump’s golf club in Bedminster, New Jersey, keeps goats on the property as a way to qualify for a tax break for farms, The Wall Street Journal reported Wednesday, citing public records.
According to the report, a couple of goats are helping President Donald Trump pay thousands of dollars less in property taxes on his New Jersey properties, thanks to a state law designed to benefit farmers.
By keeping the goats on his properties, Trump is able to pay tens of thousands of dollars less in property taxes on his New Jersey golf courses because of a “goat herd,” The Journal reports.
Because the properties also have hay and woodcutting, New Jersey law permits them to receive a farmland tax break. Therefore, Trump pays reduced property taxes on his golf courses dedicated to farming, the report says.
Trump National Golf Club in Bedminster maintains 113 acres of hay farming and two goats, and the property in Colts Neck has 40 acres of hay production and trees, The Journal reported, citing tax-break applications reviewed in 2016 during the presidential campaign.
The Journal estimated that Trump paid less than $1,000 a year in property taxes on land that would typically require roughly $80,000.
The tax break is both popular and controversial in New Jersey, a state that has some of the highest property taxes in the country and is trying to maintain a semblance of its agricultural history as its population density continues to rise.
Trump also received massive tax breaks from New York City on some of his most notable real-estate projects, including Trump Tower and The Grand Hyatt, according to The Journal.