Donald Trump has ceased to be a New York citizen to pay less taxes

Donald Trump He decided to change his address. Instead of New York put his residence in Florida, one of the favorite destinations of the great fortunes of the United States. This is not even because the native of Queens wants to have more sunshine in the winter, swim on his white sand beaches or play golf. This is for a purely fiscal matter: save millions of taxes.

By the end of 2018, as revealed The New York Times, the president of the United States changed your main address from the Trump Tower on Fifth Avenue in Manhattan to the Mar-a-Lago Club in Palm Beach. He did it with the first lady, Melania Trump. "Residence in the state of Florida is my main and predominant home," as you can read in the documentation that proves the reasons for the change.

"I intend to continue as such," he adds. The triplex located on the 58th floor of the Trump Tower was the home of the businessman since 1983. There is also the headquarters of the real estate business of the family. In the list of places where he lives also includes the White House, the official residence of the President, as well as the Bedminster Golf Club (New Jersey). The latter is, beside Mar-a-Lago, one of his places of retirement.

Trump's visits to New York have been counted since his move to Washington to take the reins of the country. The demonstrations and all the security operation that mobilizes the president they assume a headache even for a city that can do anything. The Republican is also considered a person not grata by the neighbors of the largest metropolis in the country.

The President confirmed on Twitter: "I appreciate the people of New York, I will always do it. But unfortunately, despite the payment of millions of municipal, state and local taxes, political leaders mistreated me very badly. Trump said he "hates making that decision" but concluded that it was the best solution. "New York will always have a special place in my heart"he said.

The change of address is for a purely fiscal problem. Florida is one of seven states where citizens do not pay income tax. Thus, the employer will avoid the 9% tax applied in the state and save 4% in the city. He is also not paid for inheritance, which will benefit his family when he dies. In New York, this tax is 16% when they exceed $ 10 million.

New York governor Democrat Andrew Cuomo quickly applauded Donald Trump's decision to change his residence. "Have a good trip," he predicts with a brief message on Twitter, "it's not like he's paying taxes here anyway." "All of you, Florida "he concludes sarcastically. Cuomo and Trump are old opponents.

Donald Trump Nor is he the only New Yorker who took his main address in Florida for tax reasons. This type of paperwork has increased significantly in the last two years after the Republican tax reform came into effect, during which a series of local and state deductions were removed, offsetting the charge.

The change should in no way affect the request of Manhattan District Attorney Cyrus Vance, the same persecuting Harvey Weinstein for sexual harassment, for the President to make his statement. He needs it to determine whether, in the last stretch of the election campaign, he paid money to two women. with whom he had sex to shut up. This is another reason why Donald Trump has moved home.