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So that's 43% of 13%, call it 5%. A far cry from 71. And if I'm not mistaken, the city still gets that money as long as the job is located there anyways.
by free_rms 6y ago
So that's 43% of 13%, call it 5%. A far cry from 71.
And if I'm not mistaken, the city still gets that money as long as the job is located there anyways.
- julianapostate 6y agoThat’s 1% not the 10% from the original comment
- free_rms 6y agoOk, but it's still out of 13, so maybe we're going for 8?
- soldierof4chan 6y agoA common misconception. You don't pay NYC income taxes if you don't live in NYC. It also stands to reason that other tax receipts will go down if people move away e.g. rents go down -> propery values assessed downwards -> taxes decrease.