26 Aug 23
@averagejoe1 saidIt does not matter what the item is. If you move it, the city does not lose it. It was never the property of the city to begin with.
What if you had a garage full of 1000 Maseratis? Neither is currency. You libs always seem to be reaching. You would do better to face a fact. I haven't bothered with this thread as it is senseless lib failure to grasp economics. You don't understand something,, so throw out silliness.
How bout you explain factoring finance to us? Geez.
The article is telling a lie.
@wildgrass saidWell if it's a garage NYC gets property taxes from it but it is also immobile.
It does not matter what the item is. If you move it, the city does not lose it. It was never the property of the city to begin with.
The article is telling a lie.
@wildgrass saidYoun don't get it and I give up on you. I've explained it as best I can.
The title of the article is 100% false, as you just explained.
@athousandyoung saidThere is an income tax, a New York City income tax that is beyond the federal and state income tax
There's no wealth tax, EoT. NYC would not get some of that.
26 Aug 23
@earl-of-trumps saidThe income from money stored long term in a savings account is negligible. That is not how businesses make money.
There is an income tax, a New York City income tax that is beyond the federal and state income tax
@athousandyoung saidVery good. Nice to see some knowledge and common sense among the liberals.
Sure, no problem. A finance factor is a person or company that buys customers' debts for less than the debt is worth. This way the company that did business with the customer gets paid immediately (though not full value) and the factor company gets to collect more from the customer than the company paid.
https://www.investopedia.com/terms/f/factor.asp
Did did you see above where one of you said that a trillion $ company leaving a state would not affect the state? Whew.
26 Aug 23
@athousandyoung saidYou mean this one AJ?
So the "business left" New York.
Did they pick up their buildings and carry them away? How did they remove their 1 trillion dollars of assets?
26 Aug 23
@averagejoe1 saidNo one said that. No one.
Did did you see above where one of you said that a trillion $ company leaving a state would not affect the state? Whew.
It's claiming that NYC lost 1 trillion that's false. You're now using a strawman about not affecting the state, which is dishonest.
@wildgrass saidWgrass compares the maserati to currency, a living thing.
It does not matter what the item is. If you move it, the city does not lose it. It was never the property of the city to begin with.
The article is telling a lie.
27 Aug 23
3 edits
@earl-of-trumps saidBuddy, I get it. A bunch of Wall Street firms moved their corporate headquarters to tax shelter states, to save money. The city will lose some tax revenue due to lost income taxes for the employees now staffed in Florida.
Youn don't get it and I give up on you. I've explained it as best I can.
But the city did not lose $1 trillion. These corporate decision are not because New York schools are "grooming" kids or immigration or crime as they write in the article. They aren't removing their participation in the NYSE. They aren't moving the skyscrapers.
The article is a lie. Breitbart writers just want to kick Democrat-run cesspool cities that groom kids and don't care about criminals and tax too high and socialism and open borders and telling us what to do and gun restrictions and murder rates and immigration and agggh.
Every article on Breitbart is mad libs. Just pick an issue that'll rattle the brain, blame it on the libs, and publish.
27 Aug 23
@vivify saidHonest answer, please. Did they lose lost future revenues, revenues from many sources, all generated by said corporations?
No one said that. No one.
It's claiming that NYC lost 1 trillion that's false. You're now using a strawman about not affecting the state, which is dishonest.