President Trump is now a full-time Florida manNovember 1, 2019
President Donald Trump will relocate his home address from New York to Florida, where he will pay far less state and local taxes. In addition to the financial motivation, the change could have a positive impact on his presidential candidacy in 2020 in a rather difficult state to conquer.
The president’s home, which was once a three-story penthouse at Trump Tower in Midtown Manhattan, now becomes the 128-room Mar-a-Lago mansion, his famous residence at the Palm Beach golf resort where he spends his winter weekends to escape the cold of Washington.
“I cherish New York, and the people of New York, and always will, but unfortunately, despite the fact that I pay millions of dollars in city, state and local taxes each year, I have been treated very badly by the political leaders of both the city and state,” Trump, a lifelong New Yorker, wrote. “Few have been treated worse.”
Since assuming the presidency, Trump has been involved in tax-related controversies. He never released his income tax returns, breaking a tradition of decades in American politics and generating speculation about his business and suspected tax evasion.
A source close to the president confirmed to the New York Times that the motivation of this move was due to state taxes. New York Governor Andrew Cuomo has denied that Trump contributed to the state tax authorities. “Trump didn’t pay taxes here. He’s all yours, Florida,” he said.