The Trump National Golf Club in Westchester County, New York, has a magnificent course. Just ask its namesake, U.S. President Donald Trump, who until recently was quoted on its website saying the club "provides more than a membership – it's a true luxury lifestyle."
The business is worth more than $50 million and yielded more than $10 million from 2015 to early 2016, according to the financial disclosure form Trump filed last May. But seven months earlier, an attorney for Trump filed a lawsuit against the town of Ossining, New York, seeking lower taxes, claiming the course was worth only $1.4 million.
The lawsuit, which remains pending, has left at least one local official worried that taking a tough negotiating stance against a business owned by the world's most powerful political figure puts her town of 25,000 residents at risk of retribution.