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Showing posts with the label US President

Global capitalist rakes it in

One well known scrounger member of the parasitic capitalist class who owns a golf course and hotel in Scotland has had a windfall thanks to  a measure supposed to help struggling businesses. Donald Trump’s luxury hotel in Turnberry has been handed a £110,000 tax rebate by Scottish ministers as part of an emergency bailout intended to help struggling small businesses.

Figures reveal that the Trump Turnberry hotel on the coast of Ayrshire, where suites cost up to £815 a night, had its property tax cut by £109,530 as a result of the measure. That led to a 13.5% reduction in its normal annual business rates bill of £811,850.

The Scottish rebate was announced in February after hoteliers and restaurant owners complained about a rise in property taxes of up to 400% that came into force this year. The complaints were most intense in north-east Scotland, a region hit hard by a slump in oil prices.

Only available to firms in the hospitality sector, the rebate was put into effect Scot…