Trump reportedly keeps a herd of goats at his golf course in Bedminster, New Jersey. This is so that he can qualify for a tax break for farms and pay tens of thousands less in property taxes.
Public records show that in 2016 Trump saved thousands of dollars in property taxes on two of his New Jersey properties, Bedminster and Colts Neck.
Trump National Golf Club in Bedminster has 113 acres of hay farming and eight goats. At his property in Colts Neck, there are 40 acres of hay production and trees. These qualifications allow Trump to receive the farmland tax break.
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Trump is reported to have paid less than $1,000 a year in property taxes. This is on land that he would have been typically required to pay about $80,000. So in other words, Trump saved about $79,000 in property taxes because of this loophole.
This tax break was added to the New Jersey Constitution in 1963. The purpose was to prevent overdevelopment.
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