> I'm sure that if NYC could collect a 40% tax rate and implemented programs focused on its own issues NYC has an income tax on top of state and federal income

> I'm sure that if NYC could collect a 40% tax rate and implemented programs focused on its own issues NYC has an income tax on top of state and federal income taxes. It's based on NYS taxable income. For example, at $65,000/yr you'll pay $2,047 + 3.648% of 5,000, for a total of $2,229.4[0]. 0. http://www.tax.ny.gov/pdf/current_forms/it/nyc_tax_rate_schedule.pdf http://www.tax.ny.gov/pdf/current_forms/it/nyc_tax_rate_sche...