Patrick Semansky/AP
- President Donald Trump, a lifelong New Yorker, has declared himself a resident of Palm Beach County, Florida.
- According to documents obtained by The New York Times, Trump and wife Melania filled out a "declaration of domicile" in recent weeks, declaring the president's Mar-a-Lago golf club their permanent home.
- A person close to the president told The Times that the reason the president changed his address was "primarily for tax purposes."
- Under New York State law, if a person spends more than 184 days in the state, the person needs to pay state income taxes. Florida, on the other hand, does not have a state income tax, making it an attractive residential prospect for the wealthy.
- New Yorkers paid the highest state and local income taxes of any state as of May 2019.
- Visit Business Insider's homepage for more stories.
President Donald Trump, who grew up in Queens, New York, made millions from large-scale building projects in Manhattan, and shot the "The Apprentice" at his namesake Fifth Avenue skyscraper Trump Tower, has now declared himself a resident of Palm Beach County, Florida.
According to documents obtained by The New York Times, Trump and wife Melania filled out a "declaration of domicile" in recent weeks, declaring that the president's property in Florida will be their permanent residence.
See the rest of the story at Business Insider
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- Trump is getting battered on all fronts as Congress, the courts, and even his own officials eviscerate him
- Legal experts say Trump's last-ditch effort to hide his taxes is 'untenable,' and we could see them as soon as next year
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