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Millionaire MSNBC Host Joe Scarborough Is Downsizing (Losing $1 Million on Home...So Far)
Daily Caller ^ | December 22, 2017 | Betsy Rothstein

Posted on 12/23/2017 2:48:13 PM PST by PJ-Comix

Maybe size doesn’t matter.

And perhaps bigger isn’t always better?

MSNBC “Morning Joe” host Joe Scarborough is selling his multi-million dollar, Colonial-style, 7,826 square-foot house in New Canaan, Conn., where he resides with his son and daughter. The daughter will soon be going off to school, leaving the large home for just him and his son. Presumably his fiancé Mika Brzezinski spends time there, too.

(Excerpt) Read more at dailycaller.com ...


TOPICS: Business/Economy; US: Connecticut
KEYWORDS: joescarborough; millionaires; morningschmoe; msnbc
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Scarborough purchased the home for $4,600,000 in 2011.

The current asking price: $3,690,000.

Maybe it needs to drop by another $3 million.

1 posted on 12/23/2017 2:48:13 PM PST by PJ-Comix
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To: PJ-Comix

For what possible reason could Joe need to raise money so quickly ?


2 posted on 12/23/2017 2:49:45 PM PST by WashingtonFire (President Trump - it's like having your dad as President !)
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To: PJ-Comix

What the heck? New Canaan real estate values have dropped that much?? There’s got to be more to the story.


3 posted on 12/23/2017 2:50:46 PM PST by Dilbert San Diego
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To: WashingtonFire

Morning Jo is feeling the effects of a democratic corrupt state that is bankrupt and the elimination of SALT with the new tax bill. Jo you should have been nicer to President Trump. Karma Jo Karma.


4 posted on 12/23/2017 2:53:20 PM PST by Kozy (new age haruspex; "Everyone has a plan 'till they get punched in the mouth.")
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To: Dilbert San Diego

Someone find another dead body in the closet there or something?


5 posted on 12/23/2017 2:54:19 PM PST by digger48
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To: PJ-Comix

https://www.bloomberg.com/news/articles/2017-11-27/in-greenwich-and-manhattan-tax-hike-fears-fuel-talk-of-exodus

The problem for the Connecticut hedge-fund set — and, more broadly, for a lot of the Wall Street crowd — is that Republican proposals in both the House and Senate would drive up taxes for many high-earners in the New York City area. By eliminating the deduction for most state and local taxes, an individual making a yearly salary of $1,000,000 — a figure not uncommon in the financial industry — would owe the Internal Revenue Service an additional $21,000, according to a preliminary analysis by accounting firm Marcum LLP.


6 posted on 12/23/2017 2:54:24 PM PST by narses ( For the Son of man shall come ... and then will he render to every man according to his works.)
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To: Dilbert San Diego

GE moved its corporate headquarter from Fairfield down the road from New Canaan to the tax haven Boston about 18 months ago. Too many high priced homes on the market, crazy real estate taxes and now the new tax law that limits SALT.


7 posted on 12/23/2017 2:55:24 PM PST by Kozy (new age haruspex; "Everyone has a plan 'till they get punched in the mouth.")
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To: digger48

Does brain dead, Mika, count?


8 posted on 12/23/2017 2:56:12 PM PST by Kozy (new age haruspex; "Everyone has a plan 'till they get punched in the mouth.")
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To: Dilbert San Diego

“””””””What the heck? New Canaan real estate values have dropped that much?? There’s got to be more to the story.”””””

The house prolly smells like dead intern which reduces the price.


9 posted on 12/23/2017 2:57:23 PM PST by shelterguy
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To: WashingtonFire

Defense attorneys cost a lot of $$$$.


10 posted on 12/23/2017 2:58:25 PM PST by ptsal ( Get your facts first, then you can distort them as you please. - M. Twain)
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To: Kozy
Bingo! You solved a big part of this mystery!

Morning Jo is feeling the effects of a democratic corrupt state that is bankrupt and the elimination of SALT with the new tax bill. Jo, you should have been nicer to President Trump. Karma Jo, Karma.

Hey Morning Jo, this is just for you!

President Trump says Merry Christmas!


11 posted on 12/23/2017 3:00:44 PM PST by Grampa Dave (Build Kate's wall! Keep illegals and illegal murderers/criminals out of America! MAGA! SLAP ACT!,)
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To: Kozy

I hear she does bleed a lot.


12 posted on 12/23/2017 3:01:22 PM PST by digger48
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To: Dilbert San Diego

“There’s got to be more to the story.”

It’s probably not the cost that’s daunting, it’s the taxes and upkeep.

I tried to search Joe Scarborough on New Canaan’s tax roles, but the property must be under another name. I’ll bet the taxes are in excess of $100k. I found several articles on how Connecticut is taxing richer residents and they are leaving. Connecticut has an estate tax as well. Definitely time to move.


13 posted on 12/23/2017 3:03:19 PM PST by Gen.Blather
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To: Dilbert San Diego

Businesses are bailing out of CT left and right. GE left for Boston, notably, just last year. CT is an incredibly high-tax state that has run off most businesses.


14 posted on 12/23/2017 3:03:34 PM PST by FreedomPoster (Islam delenda est)
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To: PJ-Comix

Joe, Gary Condit and John Kasick were batchelor buddies (wink wink) in Congress until two young women (Chandra Levy 5/1/01—Condit’s girlfriend, and Lori Klausutis 7/20/01) died mysteriously (one obviously and brutally murdered and the other in Joe’s office). They each hauled a$$ outta the House only to transmogrify into their current state - John Governor of Ohio and constant Trump critic and Joe a whiney a$$clown. To Hell with them!


15 posted on 12/23/2017 3:06:31 PM PST by shalom aleichem
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To: PJ-Comix

Scarborough’s one guy I’d like to knock the crap out of. He’s a frikkin’ retarded weasel.


16 posted on 12/23/2017 3:06:45 PM PST by Bullish (Whatever it takes to MAGA)
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To: Dilbert San Diego

Connecticut prices have dropped across the board and drastically.

I have 32 wooded acres bordering open space on 3 sides and the other street frontage. Its also taxed as forest land. Taxes = 100 per year.

=Realtors say if you can get 85 grab it.


17 posted on 12/23/2017 3:10:29 PM PST by CGASMIA68
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To: PJ-Comix

All the Millionaires and Billionaires must be bailing from CT because the high Tax Rates are going to really hit them under the new Tax Bill.

Ct will probably end up setting up a Go Fund Me page to make up the difference. I wonder when David Letterman will bail out of there?

Is Joe going to be on a future House Hunters Show with Mika?


18 posted on 12/23/2017 3:10:54 PM PST by Kickass Conservative (Islamophobia, a word created by fascists, and used by cowards, to manipulate morons.)
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To: Gen.Blather

Typically, the richest towns have the lowest taxes. New Canaan’s mill rate is 16.66, so if the house was valued at $3.5 million, the property taxes would be $41,800.


19 posted on 12/23/2017 3:11:33 PM PST by proxy_user
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To: CGASMIA68

You = Buy Low, Sell High.

Joe = Buy High, Have a Fire Sale.


20 posted on 12/23/2017 3:12:13 PM PST by Kickass Conservative (Islamophobia, a word created by fascists, and used by cowards, to manipulate morons.)
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