In a tweet fired off on Thursday evening, Trump said that while he hopes to stay in the White House for another five years, his family will be making Palm Beach, Florida, their permanent residence. He added that he will always have a special place in his heart for New York, despite paying millions in taxes and being “treated very badly by the political leaders of both the city and state.”
1600 Pennsylvania Avenue, the White House, is the place I have come to love and will stay for, hopefully, another 5 years as we MAKE AMERICA GREAT AGAIN, but my family and I will be making Palm Beach, Florida, our Permanent Residence. I cherish New York, and the people of…..— Donald J. Trump (@realDonaldTrump) November 1, 2019
Trump and his wife, First Lady Melania, filed documents to change their official residences to Palm Beach, Florida, last month, as first reported by The New York Times on Thursday. Palm Beach is where Mar-a-Lago is located.
Florida has no statewide income tax, estate tax or inheritance tax. Meanwhile, New York’s top income tax rate is more than 8 percent.
Trump was born in Queens and has been a lifelong New Yorker, though he has recently been extremely critical of the state’s tax policies.
In July, the president slammed Cuomo over the state’s high taxes and hostile business climate, saying it is “no wonder” both people and businesses were “fleeing New York in record numbers.”
….more money than it had. Going on for years, originally brought by Crooked Hillary’s Campaign Chair, A.G. Eric Schneiderman, until forced to resign for abuse against women. They never even looked at the disgusting Clinton Foundation. Now Cuomo’s A.G. is harassing all of my….— Donald J. Trump (@realDonaldTrump) July 1, 2019