4 ms·
New York is also aggressive about collecting taxes from remote employees. If you work for a NY-based company, but live in another state, you most likely have to
by justinph 8y ago
New York is also aggressive about collecting taxes from remote employees. If you work for a NY-based company, but live in another state, you most likely have to pay NYS income taxes. Depending on how your _actual_ home state deals with things, you might end up double-taxed.
- fhood 8y agoWell we wouldn't want important services such as the MTA to run out of money and turn into a dysfunctional and corrupt mess. Edit: I have a love/hate relationship with NY and NYC in particular.
- jrockway 8y agoTo be fair, the MTA has largely been NYS's piggy bank for decades. That's why it's gotten this bad; it's being used to subsidize all the services upstate that don't generate any revenue. The New York Times made an interesting video about it: https://www.youtube.com/watch?v=COLMODzYX7U https://www.youtube.com/watch?v=COLMODzYX7U
- kevin_thibedeau 8y agoMTA runs as a net loss. It isn't a piggybank if it is dependent on subsidies from somewhere outside fares and ads to pay the bills.
- jrockway 8y agoI mean, yes, but part of the reason why it runs at a loss is because how it subsidizes the rest of the state. For example, when the MTA wants to issue a bond, it has to pay NYS a bond issuance fee. This has added up to about $105MM since 2006.
- driverdan 8y agoSource?
- justinph 8y agoPersonal experience. And this article explains: https://www.journalofaccountancy.com/Issues/2009/Jun/20091371 https://www.journalofaccountancy.com/Issues/2009/Jun/2009137...
- deleted 8y ago[deleted]