A New York appeals court vacated multimillion-dollar penalties against President Donald Trump after finding the imposed amount excessive. Judge Arthur Engoron had ordered $354 million based on allegations of fraudulent inflation of business assets, and interest and penalties raised the total to roughly $515 million this year. New York Attorney General Letitia James posted X messages in February 2024 listing specific owed amounts, and Donald Trump Jr. reposted one, replying "I believe you mean $0.00" and pinning it. President Trump declared victory on Truth Social, called the case unlawful and a political witch hunt, and accused city and state election interference.
Trump Jr. dug up a 2024 post from James and responded on Thursday following news that his father, President Donald Trump, will no longer be facing a $515 million penalty. James's post was a troll of Trump, reminding him of how far his owed payment had climbed with interest. $464,576,230.62, she posted in February 2024. I believe you mean $0.00, Trump Jr. responded this week, giving a fresh update to James's amount. Thank you for your attention to this matter.
I greatly respect the fact that the Court had the Courage to throw out this unlawful and disgraceful Decision that was hurting Business all throughout New York State, he wrote on Truth Social. Others were afraid to do business there. The amount, including Interest and Penalties, was over $550 Million Dollars. It was a Political Witch Hunt, in a business sense, the likes of which no one has ever seen before. This was a Case of Election Interference by the City and State.
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