patrick.net

As we have seen, The interest on Trump's fine is compounding like a wild fire, running out of control. He already owed Hundreds of thousands just in the interest in the few weeks since the judgement. These stupid low IQ critical thinking lacking morons, fail to grasp that the worm turns.
First I think there should be grace period after a judgement like this, where no interest in compounded until the appeal status is determined. Forcing the issue so early is nothing short of strong arm robbery. But lets put that aside for a minute.

For a few decades now, the Banks aren't even paying Savers any money on the money they put in banks. At a time in America, one was expected interest on their money, anytime any institution held your money. The reason was sound, they lost money on those funds the whole time that they waited for those funds. But today that is not the case. If you have money coming to you, you're not losing any money by not getting sooner than later. So why are tax and fine liens accruing interest? I think it's either time to demand banks pay savers the going interest rates, or quit the practice of charging interest on late payment of fines, fees, and even bills(car note, credit card, and utilities).

Now getting back to Trump's huge payoff he will eventually realize. The interest on state funds, goes both ways. If you owe the IRS or the City unpaid fees then you incur interest on those charges until it's paid in full. The same goes the other direction when the IRS or City Hall owes you money for over payment ect. you also get interest coming to you.

Trump could see interest incurring on his $500 million fine from the minute he pays it, to the day he wins on appeal, Which no reason why he shouldn't, the whole case was a sham. But understanding the "Get Trump!" forces at work here, his appeal will not be an even handed fair fight. It will be delayed and kicked back and forth to courts, and kicked down the road for at least two years.

If he incurred over $100K in interest in just a few short weeks, just imagine how much the State of New York will owe him when he wins on appeal?

It could be double what he paid. He just might get $1B back from the state of New York over this Commie stupidity.
His sons will brag about it, on their Presidential campaign trail, for years to come.