Friday, November 1, 2019

Florida man




Best for all concerned?  That's an odd thing to say.  It's not like he's breaking up with anybody.  Still, I'm sure the people of New York will be celebrating.

I wondered why he made this announcement now until I saw the Times had published the story yesterday.
In late September, Mr. Trump changed his primary residence from Manhattan to Palm Beach, Fla., according to documents filed with the Palm Beach County Circuit Court. Melania Trump, the first lady, also changed her residence to Palm Beach in an identical document.

[...]

“Good riddance,” Gov. Andrew M. Cuomo tweeted. “It’s not like Mr. Trump paid taxes here anyway. He’s all yours, Florida.”

  NYT
Touché.
Although Mr. Trump ran his presidential transition from Trump Tower and some aides had expected him to spend many weekends there in his Louis XIV-style triplex on the 58th floor, his presence created traffic headaches for New Yorkers and logistical and security challenges for the Secret Service.

White House officials declined to say why Mr. Trump changed his primary residence, but a person close to the president said the reasons were primarily for tax purposes.
I should have guessed.
In his Twitter posts on Thursday night, the president claimed that he paid “millions of dollars in city, state and local taxes each year.” There is no way to fact-check his assertion; he has never released his tax returns.
Sounds like Governor Cuomo knows.
Mr. Trump, who is deeply unpopular in New York, was infuriated by a subpoena filed by Cyrus R. Vance Jr., the Manhattan district attorney, seeking the tax returns, the person close to the president said. Changing his residence to Florida is not expected to have any effect on Mr. Vance’s case, which Mr. Trump has sought to thwart with a federal lawsuit.
No, but if he ever gets a charge of money laundering or other criminal activity in New York, I think he could file for the right to be tried in his state of residence. And people don't hate him so much in Florida.  Don't quote me on that right of trial location. I'm not going to research it.
Florida, which does not have a state income tax or inheritance tax, has long been a place for the wealthy to escape the higher taxes of the Northeast.
I feel so ignorant. How did I not know that about Florida's taxes?
In an article in the Florida Bar Journal in January 2019, three lawyers with Proskauer Rose wrote about the recent wave of people moving from New York to Florida in “large part” because of the repeal of the state and local tax deduction that was a byproduct of the tax bill that Mr. Trump signed into law in 2017.

[...]

Beyond taxes, Mr. Trump has repeatedly signaled the importance of Florida to his 2020 re-election effort and kicked off his campaign with a rally in Orlando. And he has often mentioned Mar-a-Lago when promoting his ties to the state.

In the longer term, the change could speak to Mr. Trump’s plans after his presidency ends.

[...]

Mr. Trump is due to travel to New York City this weekend for an event at Madison Square Garden, the rare instance of him visiting when he has no fund-raiser or official event scheduled. He is due to spend Saturday night at Trump Tower.
There may be a party for him on the street.



...but hey, do what you want...you will anyway.

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