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News Mamdani Plans to Tax Companies Even if They LEAVE New York City
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andybible1995 Offline
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Post: #21
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
(11-01-2025 10:52 PM)ODUsmitty Wrote:  
(11-01-2025 08:52 PM)andybible1995 Wrote:  
(11-01-2025 08:05 PM)CrimsonPhantom Wrote:  Obama Privately Endorses Communist Zohran Mamdani in Phone Call and Offers Him Political Support



Who's AOF? Did he mean AOC?

Anastasia Ocasio Fatass

Gurl has bulked up in recent months.

Gurl? More like gorl.
11-02-2025 08:43 AM
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olliebaba Offline
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Post: #22
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
What you guys don't understand is that HE knows he can't implement those ideas but his supporters who are low IQ will eat it up ONLY because he promises to get BIG BUSINESS. Those idiots don't understand that the rich are the creators of jobs and I've yet to see a poor man hiring anyone. To the idiot masses there are two evils in their world, Trump and Big Business. They want to get rid of the first one and tax the Schiff out of the other one, however it takes. THEY don't know that Imadummi can't tax businesses that are out of his jurisdiction but it sounds good to them. Have any of you seen interviews of the low density brainards? They are literally a very stupid bunch of people and are easily duped. Let's hope there's some No Kings Rally on voting day and keep the Intellectually Barren from the polls.
11-02-2025 10:15 AM
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TripleA Offline
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Post: #23
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
(11-02-2025 10:15 AM)olliebaba Wrote:  What you guys don't understand is that HE knows he can't implement those ideas but his supporters who are low IQ will eat it up ONLY because he promises to get BIG BUSINESS. Those idiots don't understand that the rich are the creators of jobs and I've yet to see a poor man hiring anyone. To the idiot masses there are two evils in their world, Trump and Big Business. They want to get rid of the first one and tax the Schiff out of the other one, however it takes. THEY don't know that Imadummi can't tax businesses that are out of his jurisdiction but it sounds good to them. Have any of you seen interviews of the low density brainards? They are literally a very stupid bunch of people and are easily duped. Let's hope there's some No Kings Rally on voting day and keep the Intellectually Barren from the polls.

Quick AI search:

Quote:Zohran Mamdani, a current New York State Assembly Member and mayoral candidate for New York City, cannot legally tax businesses based outside of his jurisdiction.

Here is a breakdown of the jurisdictional limitations:

Geographic and Legal Boundaries: Taxing authorities at the municipal (city) or state level are generally limited to taxing residents and businesses within their defined geographic and legal boundaries.

Need for State Approval: As a New York City mayoral candidate, any proposed tax changes by Mamdani would require the approval of the New York State Legislature and Governor to take effect. He does not have unilateral taxing power as mayor.

Nexus Requirement: For businesses outside a specific locality or state to be subject to its taxes, there generally needs to be a sufficient connection, or "nexus," which can be a physical presence or, in the case of sales tax, a certain level of economic activity (such as a specific volume of sales or transactions) within that jurisdiction.

Interstate Commerce Laws: The U.S. Constitution's Commerce Clause limits the ability of states and localities to unduly burden interstate commerce. Tax laws must be confined to the portion of business transacted within the municipality/state.

Risk of Business Exodus: The very discussions around Mamdani's tax proposals in NYC have centered on the risk of high-earning residents and businesses relocating to avoid the taxes, which indicates that the proposed taxes only apply to those within the NYC jurisdiction.

In summary, no U.S. government official, whether local or state, has the authority to unilaterally impose taxes on businesses that have no taxable presence or activity within their jurisdiction.
11-02-2025 10:26 AM
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450bench Offline
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Post: #24
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
obama is irrelevant. A has been. A pompous, arrogant liberal hack.
11-02-2025 01:00 PM
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JMUDunk Offline
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Post: #25
Mamdani Plans to Tax Companies Even if They LEAVE New York City
lol

Good luck stocking those shelves of the “affordable” grocery stores.

Hi Mr Vermont dairy farmer, you wanna sell your milk and cheeses in NYC? Well, we gonna need a little greasing of the socialist palms to get that done for you.

Say, a nice, tight 20% for the privilege of selling in NYC?

Mr. Vermont dairy farmer: well, sure it is. Yea, no. We’ll sell our product to Pa and Jersey instead.

Ggod luck!

Idiocracy in real time. Never dreamed I’d see this unfolding in real time.

Gonna be hilarious and tragic at the same time
11-02-2025 09:04 PM
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TripleA Offline
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Post: #26
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
How many decades and how many countries have proven that socialism fails everywhere, and the only place it exists is where the governing body has the power to force people to go along with it?

Yet with every generation, idiots come along and want to try it again.
11-02-2025 10:41 PM
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AdoptedMonarch Offline
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Post: #27
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
(11-02-2025 10:41 PM)TripleA Wrote:  How many decades and how many countries have proven that socialism fails everywhere, and the only place it exists is where the governing body has the power to force people to go along with it?

Yet with every generation, idiots come along and want to try it again.

You are exactly right.

Sadly, the inevitable disaster of socialism seems to be a lesson that can only be learned the hard way.
11-03-2025 05:28 AM
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Claw Offline
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Post: #28
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
Anyone else think the shutdown ends after the Tuesday elections?
11-03-2025 08:34 AM
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BartlettTigerFan Offline
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Post: #29
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
(11-03-2025 08:34 AM)Claw Wrote:  Anyone else think the shutdown ends after the Tuesday elections?

[Image: redford-zoom-2019.gif?w=245]
11-03-2025 08:40 AM
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Eldonabe Offline
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Post: #30
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
(11-03-2025 08:34 AM)Claw Wrote:  Anyone else think the shutdown ends after the Tuesday elections?

Well in raw terms yes of course. If you mean the next day (Wednesday), I am not sure?


It will have to be the Dems caving, because the Rep's are not moving; and the Dems still look pretty dug in. My guess is that this will run into next week before they come to their senses (and their voter bases start calling for their heads).

It takes a week or so to go through all the supplies you have built up so that cushion should be about exhausted by then.
11-03-2025 09:26 AM
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BartlettTigerFan Offline
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Post: #31
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
(11-03-2025 09:26 AM)Eldonabe Wrote:  It takes a week or so to go through all the supplies you have built up

More like 6 months or so in my case.




Oh you were talking about SNAP benefits. Never mind.
11-03-2025 09:29 AM
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Eldonabe Offline
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Post: #32
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
I think most reasonably intelligent people know how this is going to end, the big question is the path it will follow to get there and exactly how long people will put up with all of it.

It seems unlikely he will get ousted before his 4 years are up unless he just does something egregiously illegal; then it is a matter of whether he can do enough damage to lose his reelection.

If he is really true to his words, people should be looking for his head in 2 years or less but will still have 2+ years to endure the consequences of their decision to elect him.

I am not sure there is enough Popcorn on the planet to watch this unfold.
11-03-2025 09:40 AM
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andybible1995 Offline
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Post: #33
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
(11-03-2025 08:34 AM)Claw Wrote:  Anyone else think the shutdown ends after the Tuesday elections?

I think so. That seems to have been the plan all along.
11-03-2025 09:41 AM
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Redwingtom Offline
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Post: #34
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
Apparently, many of you are completely unaware of how cities tax. This isn't really anything new. And in fact, NYC already does this.

From Co-Pilot:
Quote:Who is taxed?

- Corporations that do business, employ capital, own or lease property, or maintain an office in NYC.

- Corporations that derive receipts of $1,128,000 or more from NYC sources (as of 2024) are subject to the tax.

- Even corporations with as little as $11,000 in NYC receipts may be taxed if they are part of a unitary group that collectively earns $1,128,000 or more in NYC. [nyc.gov]

Economic Nexus Standard:

- NYC uses an economic nexus approach, meaning a company doesn’t need a physical presence in the city to be taxed—just sufficient revenue from NYC sources.

Tax Base:

- The tax is generally based on net income, similar to New York State’s corporate franchise tax, but with some differences in allocation and sourcing rules.

Lastly, any taxes paid to NYC will more than likely be used as a credit to income tax paid to the resident city of those corporations, many times at 100%. Any taxes paid would also be tax deductible as an expense paid by those corporations.
11-03-2025 10:19 AM
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TripleA Offline
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Post: #35
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
(11-03-2025 09:40 AM)Eldonabe Wrote:  I think most reasonably intelligent people know how this is going to end, the big question is the path it will follow to get there and exactly how long people will put up with all of it.

It seems unlikely he will get ousted before his 4 years are up unless he just does something egregiously illegal; then it is a matter of whether he can do enough damage to lose his reelection.

If he is really true to his words, people should be looking for his head in 2 years or less but will still have 2+ years to endure the consequences of their decision to elect him.

I am not sure there is enough Popcorn on the planet to watch this unfold.

I actually think this might be one of the best things to ever happen to the Repub party. We'll see.
11-03-2025 12:35 PM
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Eldonabe Offline
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Post: #36
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
Time to fire up the popcorn machines!
11-05-2025 10:24 AM
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Eagleaidaholic Offline
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Post: #37
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
Not a good day to be a Jew or queer in NYC. They will see what a REAL Muslim Fundamentalist does in power. You thought Columbia University was bad last year, you haven't seen nothing yet. The locust will destroy their Commie brethren once they get their Full power. Remember, Jews voted for the Nazis in Germany in the early 1930s. They obviously aren't as smart as they want you to believe they are. Only to them about 90 years to repeat their history.
11-05-2025 11:06 AM
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mlb Offline
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Post: #38
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
(11-05-2025 11:06 AM)Eagleaidaholic Wrote:  Not a good day to be a Jew or queer in NYC. They will see what a REAL Muslim Fundamentalist does in power. You thought Columbia University was bad last year, you haven't seen nothing yet. The locust will destroy their Commie brethren once they get their Full power. Remember, Jews voted for the Nazis in Germany in the early 1930s. They obviously aren't as smart as they want you to believe they are. Only to them about 90 years to repeat their history.

I'm no fan of Mamdani's positions, but I find it highly unlikely he goes after any of the LGBTQ community. He knows he is in a very progressive city and that they'll turn on him in a heartbeat.
11-05-2025 11:08 AM
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BartlettTigerFan Offline
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Post: #39
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
(11-05-2025 11:08 AM)mlb Wrote:  
(11-05-2025 11:06 AM)Eagleaidaholic Wrote:  Not a good day to be a Jew or queer in NYC. They will see what a REAL Muslim Fundamentalist does in power. You thought Columbia University was bad last year, you haven't seen nothing yet. The locust will destroy their Commie brethren once they get their Full power. Remember, Jews voted for the Nazis in Germany in the early 1930s. They obviously aren't as smart as they want you to believe they are. Only to them about 90 years to repeat their history.

I'm no fan of Mamdani's positions, but I find it highly unlikely he goes after any of the LGBTQ community. He knows he is in a very progressive city and that they'll turn on him in a heartbeat.

Hardcore Hadjis don't care.
11-05-2025 11:11 AM
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Eagleaidaholic Offline
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Post: #40
RE: Mamdani Plans to Tax Companies Even if They LEAVE New York City
(11-05-2025 11:08 AM)mlb Wrote:  
(11-05-2025 11:06 AM)Eagleaidaholic Wrote:  Not a good day to be a Jew or queer in NYC. They will see what a REAL Muslim Fundamentalist does in power. You thought Columbia University was bad last year, you haven't seen nothing yet. The locust will destroy their Commie brethren once they get their Full power. Remember, Jews voted for the Nazis in Germany in the early 1930s. They obviously aren't as smart as they want you to believe they are. Only to them about 90 years to repeat their history.

I'm no fan of Mamdani's positions, but I find it highly unlikely he goes after any of the LGBTQ community. He knows he is in a very progressive city and that they'll turn on him in a heartbeat.

Not enough of them. His Religious leaders won't stand for him catering to the gays. He is a Militant Muslim. You will see a large influx of Muslims from everywhere fill the vacuum when the "People with Sense" leave NYC. Real Estate prices will plummet, and those properties will be scooped up by Muslims and Communists and filled with these "New" Muslims and they will pay next to nothing to live there.
11-05-2025 11:25 AM
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