One of the stipulations of the judgement was that the Trump organization be barred from doing business in NY for 3 years. Regardless of when the Trumps prevail on appeal, I would bet my house that they will reorganize in another state ASAP. I wonder if anyone in NY understands what life is going to be like without the tax revenue generated by corporations like Trump, or CitiCorp or thousands of other companies that are looking at the current legal environment and asking themselves, “Why take the risk?” For trump, the options are easy to calculate and I am certain that Florida would love to have the Trump organization incorporate in the Sunshine State.
O’Leary is right. Business is tough enough without this nonsense. NY doesn’t like Trump’s business? Well, say goodbye to the tax revenue.
Look how long it took for Musk to move Tesla from Delaware to Texas.
Boom! Done and likely never going back.