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" ... Trump’s New York to Florida move might be his biggest tax savings bet yet. By moving to Florida, he and Melania could escape New York State and New York City’s combined income tax of 12.7%. If he and Melania are still Florida domiciliaries when they die, they’ll escape New York estate tax (a 16% levy on assets over $5.75 million) on much of their wealth (New York state can still levy its estate tax on their New York property). ... "