BOHICA, NYC - corporate tax increase

Saltwater60

Saltwater60

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So if tariffs are a tax passed on to the people how is a tax not a tax that will be passed on to the people? They can’t have it both ways. This man is a moron but I hope it happens and I hope businesses flee the state. Maybe NYC falling is what it will take for people to wake up.
 
FP1201

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Saltwater60 said:
So if tariffs are a tax passed on to the people how is a tax not a tax that will be passed on to the people? They can’t have it both ways. This man is a moron but I hope it happens and I hope businesses flee the state. Maybe NYC falling is what it will take for people to wake up.
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Tariffs aren't exactly the same as being told "When you file your Taxes there will be a line for a special assessment of 25% of your net earnings." Even if they passed it today, unless there was a quarterly earnings tax, it would be a full year before those monies were realized....Tax Accountants are expensive, but worth it!
 
Brawny71

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TEOTWAWKI inc. said:
Bend over, here it comes again!

nypost.com

Zohran Mamdani’s Albany pals push bill to slap 25% ‘surcharge’ on NYC corporations

The democratic socialist mayor and his liberal followers have been on an ideological crusade to hike taxes on the wealthy and corporations to pay for their freebie-filled promises.
nypost.com nypost.com
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NYC: This is what you voted for. Stay in NYC and deal with it. Unicorns and happiness. Don't ABB it out of the City because it becomes uncomfortable and bring your trash.
 
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fresch

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NYC was billions in the red, obidong gave them billions around covid time, yet the are billions in the red?
You and I must account for every penny, but government not so much. We can't even get the budgets for our schools let alone the "governmental" budgets.
Get back to work plebs there are taxes to be paid!
 
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livingston

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Regulations and taxes are the best way to destroy capitalism folks. In the future look to upstate NY to send mega bucks to keep NY City running.
During the Chinese cultural revolution. Then during the famine years . Most of the grain raised on the farms were sent to the cities. This was done to quell any uprising ....Folks trying to overthrow the government .. ... The farmers starved to death .....
We are expendable
 
Saltwater60

Saltwater60

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FP1201 said:
Tariffs aren't exactly the same as being told "When you file your Taxes there will be a line for a special assessment of 25% of your net earnings." Even if they passed it today, unless there was a quarterly earnings tax, it would be a full year before those monies were realized....Tax Accountants are expensive, but worth it!
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I know but that’s what the left says.
 
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