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IPFS News Link • New York

Jon Stewart is accused of bumping the value of his NYC penthouse by 829 PERCENT after ranting...


Jon Stewart lashed out at online haters calling him a hypocrite for bumping the value of his New York City penthouse 829 percent after bashing Donald Trump for overvaluing his properties.

Stewart, who returned to The Daily Show in a once-a-week hosting role earlier this year, slammed Trump and his allies for calling Trump's tax avoidance scheme a victimless crime.

The fraud case brought by James accuses the Republican frontrunner for president of inflating the value of properties, including his Mar-a-Lago home in Florida, to get better terms on loans. 

The comic was specifically responding to Shark Tank star Kevin O'Leary saying just that and adding that 'every real estate developer everywhere' does what Trump does. 

'How is he not this mad about overvaluations in the real world? Because they are not victimless crimes,' Stewart said.

'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,' he continued. 'It was all part of a very specific real estate practice known as lying.' 

He added that 'the system becomes incentivized for corruption' when you behave as Trump is alleged to have done.

Some on social media responded by showing that Stewart himself had seen an overvaluation of his former residence by 829 percent, according to the New York Post.  

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