After the New York Times reported that President Donald Trump had switched his residency from Florida to New York, he said that the Empire State's taxes factored into his decision.
The Tax Foundation, a nonpartisan research organization, has ranked Florida's overall tax burden as among the lowest in the nation. Story continuesLast year, Fox Business reported that a couple or individual making $650,000 a year that moves from New York to Florida could save as much as $69,719 per year on their tax bills. This highlights some of the financial windfalls awaiting new residents moving from states with higher tax burdens.
Still, the extent to which Trump would save on his tax bill remains unclear, given he's never released his tax returns.
Smart move
So If you could save big on taxes wouldn't you do the same thing?
What difference will that make because he doesn't pay taxes anyway.
Especially since He Will Owe After His Presidency
Good, that makes up for some of the Presidential salary, he has not taken for last three years.
Of course gotta stay out ahead of all the money he’s making while in the whitehouse.
Hope he moves quick. Abondonntbat decrepit city.
Big surprise. At least now he can live in the swamp.
Yup, and possible used to create jurisdiction dispute.
saver? he doesn't pay his taxes.
He’s an idiot for not doing this long ago.
since he's running from NY tax laws, I guess so.
yeah, maybe if he actually PAID taxes.
So?
He doesn’t pay taxes anyway. He thinks it’s going to get himself off the hook on his NY crimes.
We don’t have room for the crime Family stay out of Florida!!!!!
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