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IPFS News Link • Government Debt & Financing

Florida county mulls special tax for Trump's visits to Mar-a-Lago

• Fox News by Associated Press

Palm Beach County spends more than $60,000 a day when the president visits, mostly for law enforcement overtime -- almost $2 million since January. Sheriff Ric Bradshaw says the county was expected to spend $250,000 during Trump's recent meeting with Chinese President Xi Jinping, the president's sixth trip to his Winter White House in the 12 weeks since his inauguration.

County Commissioner Dave Kerner has suggested turning Mar-a-Lago into a special taxing district and imposing a levy on the resort to pay the president's security costs. Because Mar-a-Lago is incorporated as a club, it pays lower property taxes than hotels. It also gets a tax break because Trump surrendered development rights after he purchased the property from the estate of cereal heiress Marjorie Merriweather Post for $10 million in 1985.

The 500 members pay $14,000 annually in dues. The initiation fee was recently doubled to $200,000. Forbes Magazine estimates the club is now worth $150 million.


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