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President Trump announced Thursday that he has changed his permanent residence to Palm Beach, Florida.

Trump claims that the reason for this move is because of the way politicians in New York City and the state of New York have treated him.

"I cherish New York, and the people of New York, and always will, but unfortunately, despite the fact that I pay millions of dollars in city, state and local taxes each year, I have been treated very badly by the political leaders of both the city and state. Few have been treated worse," Trump tweeted.

"I hated having to make this decision, but in the end it will be best for all concerned. As President, I will always be there to help New York and the great people of New York. It will always have a special place in my heart!"

New York Gov. Andrew Cuomo reacted to the news, tweeting: "Good riddance. It's not like @realDonaldTrump paid taxes here anyway... He's all yours, Florida."

Rep. Elizabeth Warren thinks that there is another reason for Trump's move:

"Donald Trump doesn't want the state of New York to see his taxes—I wonder why," Warren wrote. "Let's call this out for what it is: Corruption, plain and simple. Under my anti-corruption plan, all presidential candidates would be required to release their tax returns."

The state of Florida does not have a state income tax or an inheritance tax. For years, New Yorkers fleeing to Florida for tax purposes.