Terrorist-loving Stalinist scumbag Mamdani has a great new tax idea.
He wants to tax companies based outside of N.Y.C. if they happen to do any business there.
Love it!
Replies to: Terrorist-loving Stalinist scumbag Mamdani has a great new tax idea.
Your OP statement was wrong…Mamdani’s corporate tax is nothing “new”…just say “Fair Enough” ;-)
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Without situs, that won't stand up in court, but more importantly it will drive businesses away, BUT
maybe he wants to drive out the rich and businesses so that the government is forced to provide services to people.
Give it 18 months. He won't be able to deliver on promises of free stuff, and he'll be ousted in the next election.
International Shoe v. Washington
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Link: https://en.wikipedia.org/wiki/International_Shoe_Co._v._Washington
One of the classics.
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“Fear of something is at the root of hate for others, ….
…. and hate within will eventually destroy the hater.”
— George Washington Carver
Why not just disagree with the candidate’s tax policy, without all the hateful rhetoric?
Are you confused?
I do hate him. He's an anti-semitic, communist, Soros-funded, America-hating piece of slime.
...and you have said that you fear Donald Trump. Ergo........
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Physician, heal thyself.
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Happens all the time elsewhere...cities like Detroit, Columbus, Memphis and Nashville do that.
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No. You're making shit up again. Your handlers had a bad day.
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Look it up for yourself...even if it seems like too much effort...
Note:...as per usual, I did...before posting...it always works.
Nice try. You're out of your depth.
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Just look it up, Jake…anyone can do this…won’t take but a minute or two…then tell us what you found.
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Nothing to look up. You're defending the communists policies with a bogus comparison.
Your handlers are disappointed in you today.
Since you can't/won't fend for yourself, out of a sense of concern for your well being, I've done it
for you...bottom line, you're a man of little, or no, substance.
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AI Overview
Major U.S. cities that impose a local corporate tax on the profits or revenues of corporations, including those based in other states but operating locally, include New York City, Philadelphia, Portland, San Francisco, Los Angeles, Columbus, Detroit, Memphis, Nashville, Seattle, St. Louis, and Kansas City.
Corporate income taxes at the local level are not common throughout the U.S., but a few states (Michigan, Missouri, Ohio, and Pennsylvania) permit them, and other cities use gross receipts taxes or specific business taxes that apply to non-local companies with activity in the jurisdiction.
Cities with Local Corporate Taxes
New York City, NY: Imposes a corporate income tax that applies to all corporations and banks (except federal S-corporations) operating within the city.
Philadelphia, PA: Levies an earned income tax that applies to both residents and non-residents earning income within the city, as well as business income taxes.
Portland, OR: Along with Multnomah County, requires businesses (including out-of-state corporations) doing business in the area to file a business income tax return, with provisions for apportionment of income earned both within and outside the localities.
San Francisco, CA: Imposes a gross receipts tax on businesses with receipts sourced to the city, as well as a payroll tax on businesses with payrolls exceeding a certain threshold.
Los Angeles, CA: Imposes a business tax (LABT) on gross receipts sourced to the city.
Columbus, OH: Ohio has numerous localities that impose income taxes, including Columbus.
Detroit, MI: Several cities in Michigan, including Detroit, impose local income taxes.
Memphis, TN and Nashville, TN: These cities in Tennessee impose taxes directly on corporate profits or revenue.
St. Louis, MO and Kansas City, MO: Both cities impose an earnings tax of 1% on individuals and corporations earning income within the city limits, regardless of where they are based.
Seattle, WA: Imposes a local tax on certain business activities, although Washington state does not have a corporate income tax, relying instead on gross receipts taxes.
Washington, D.C.: The District of Columbia has a corporate income tax system that applies to corporations with income effectively connected to the district.
Corporations based in other states become subject to these local taxes if they establish a sufficient nexus (connection) within the city's jurisdiction, which can be determined by physical presence, sales activity, or other economic factors.
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Nice try.
You know damn well that isn't what he's proposing. And it's insane.
Hey…when rape is inevitable…just chill…
Says Mamdani’s fellow traveler…
Logical proposal when one considers the fact that many companies will flee New York after comrade
assumes power.
Was in Chicago for the rugby last weekend
Took the architectural boat tour and had the former Boeing HQ pointed out. I wonder why they left???
2 million people have left the state over the past decade, with Florida, Texas, and Tennessee as the
top three choices for relocation. Totally a coincidence that these are the top three, with their regulatory and tax environments.
According to one of Florida's FOX outlets, that state is experiencing record movement OUT of FLA...
mostly due to extremely high insurance rates, which in turn are due to future expectations of damage from Climate Change induced hurricanes and flooding.
Link: https://www.fox13news.com/news/why-people-flocking-from-florida-record-numbers