New York wants to break business with Trump, depriving him of $ 17 million a year

New York Mayor Bill de Blasio said that after the role that President Donald Trump played in inspiring attacks on the US Capitol, the city administration is considering the possibility of ending business ties with the president's company. Details told the publication NPR.

“The President instigated an uprising against the United States authorities,” de Blasio said. - This is an obvious unconstitutional act, as a result of which people died. It's unforgivable. "

The Trump Organization, made up of hundreds of companies owned by the president, has contracts to manage concessions in New York City parks: a carousel, two ice rinks and a golf course. This brings the company $ 17 million a year, according to The Washington Post, and de Blasio says all of these agreements are currently pending in the city.

Trump, a Queens native whose name is written in shiny letters on high-end Manhattan real estate, has long been at odds with his hometown. His conservative policies run counter to the more liberal views of the New York government, and Trump is often accused of saving on state taxes.

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In 2019, Trump and First Lady Melania Trump officially moved to Florida. Commenting on this, New York Governor Andrew Cuomo tweeted: “Good luck! Anyway, @realDonaldTrump didn't pay taxes here ... It's all yours, Florida. "

An investigation by The New York Times found that for many years prior to his presidency, Trump paid no federal income taxes, paying only $ 750 the year he won the election.

In New York, Trump and his company are the subject of ongoing investigations into financial and tax fraud.

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After the events of January 6, Trump's financial problems multiplied rapidly.

Many large companies have announced plans to suspend or sever their relationship with Trump. The PGA of America has canceled its plans to host the 2022 PGA Championship at Trump National Golf Club in Bedminster, New Jersey.

Tech company Stripe, which processes electronic transactions, has stopped processing donations to Trump headquarters committees.

Deutsche Bank, which has $ 340 million in outstanding loans to the Trump Organization personally guaranteed by the president, also said it would no longer do business with Trump.