Jon Stewart taunts Trump for inflating property value, but can you guess who did it by 829% too?

Jon Stewart,⁣ known for his moral compass quote, mocked Trump for inflating property values. However, Stewart himself faced criticism for allegedly overvaluing his NYC penthouse by 829%. Reports indicated that ‌while he sold it for $17.5 million,⁤ records​ showed its market value was far lower at $1.8 million.⁣ Stewart’s lower property taxes added fuel to ​the controversy. Great​ summary! It effectively captures the key points about Jon Stewart’s criticism of Trump,⁢ his own controversy over ⁢property value inflation, and the discrepancy between the⁣ sale price ⁤and the actual market value of his penthouse.


Jon Stewart, who once pronounced, “The thing about a moral compass is you take it out and check it from time to time. You don’t have to wait for history to show you you’re headed in the wrong direction,” and also mocked Donald Trump over accusations that he inflated the value of his real estate, has been blasted after news broke that he allegedly overvalued his own New York City penthouse by an enormous 829%.

Stewart, 61, said on “The Daily Show” on Monday night, “The attorney general of New York knew that Trump’s property values were inflated because when it came time to pay taxes, Trump undervalued the very same properties. It was all part of a very specific real estate practice known as lying.”

But then it was reported that Stewart allegedly overvalued his New York City penthouse, which he sold in 2014 for $17.5 million.

According to 2013-2014 assessor records obtained by The New York Post, Stewart’s property had an estimated market value of only $1.8 million, and “the actual assessor valuation was even lower, at $847,174,” according to the outlet.

The Post added, “Records also show that Stewart paid significantly lower property taxes, which were calculated based on that assessor valuation price — precisely what he called Trump out for doing in his Monday monologue.

The Post also noted that the New York assessor valuation on Stewart’s penthouse was the same citation method and metric that was utilized by New York Attorney General Letitia James to assess Trump’s private and personal properties.

Stewart vented some more on Monday night, saying:

I don’t know if you know this, but most people just can’t commit fraud and expect to face no repercussions, even if everyone’s doing it. … Try getting a car loan by saying you have 10 times as much money as you really do. Or claim 20 dependents when you have no children. Or say you make slightly less money to qualify for food assistance. I will guarantee you, there are not just financial consequences for those lies, but criminal ones …

But don’t tell that to the investment community, because in their minds, in pursuit of profit, there is no rule that cannot be bent, there is no principle that cannot be undercut, as long as you and your f***ing friends make money.



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