I can see making the company pay a tax on its income. After all, it’s physically in the city. But you aren’t.
“Let’s tax all foreigners living abroad!”
- Monty Python’s Flying Circus, 1970
Pay them virtual taxes.
MA is doing that to NH residents even though it’s supposed to be illegal.
I don’t know why someone is not doing something about that.
We have a Regional Income Tax Authority.
They are desperate. I said in late March that if we lock down, cities will lose their tax revenue. It’s like the breadwinner in your family going from a $100,000 a year job to burger flipping. And if you have a lot of debt, it will not be pretty. What city or state does not have a lot of debt. How do they pay it if people are not spending, earning, producing and consuming - all generating the tax revenue cities and states need to survive?
This is why I say we are not destroying the country’s econonmy. We’ve already destroyed it. We just won’t see the consequences right away. It’s an airliner going across the pacific that dumped all its fuel. It will be fine until you actually hit the water - in 2021.
Of course, once enough passengers notice the water is getting awfully close, there may be some mayhem in the passenger cabin.
They are modern liberals. They’ve got what it takes to take what you’ve got.
Long past time to let them know if they try it, they will regret it.
And since we can no longer count on votes (which no longer count) making them regret, it’ll have to regress to something a bit more physical.
This just gets worse until rope meets tree.
Socialism works until you run out of other peoples money...................Lady Margaret Thatcher
I never heard of local income tax. Here’s an article about it. Seems it’s only a thing in some states.
https://www.thebalance.com/cities-that-levy-income-taxes-3193246
How do they have tax collection losses from unemployment income?
This won’t work. You have to be in the city or prove that the job is there. A salesman who goes to NYC several times a month for his job, may have to pay NYC taxes for his income. But If he never has to go there, they can’t do anything. There are lots of people who live just outside of NYC and never or rarely come into the office and don’t pay city tax.
Of course you will have to fight your employer. Your employer may list you has a person who works in that state or city. And fighting it may be too hard. But both the employer and you should be on the same page as both of you will likely have to pay a tax in the city.
And remember you will have to pay taxes somewhere. And only one place.
Interesting.
My wife’s company—which is based in Michigan—had its home based employees change their “work location” if they are not in the office. And...her department has been told they wont have to come back until next June at the earliest.
I wonder how many of them are facing this?
I thought it was for insurance or IT purposes. The state will never allow the towns to not get their taxes.
Watching states try to balance their budgets next summer (most are on a Jul 1 fiscal year) is going to be fun.
“I can see making the company pay a tax on its income. After all, it’s physically in the city. But you aren’t.”
Sorry team, the city is taxing us 5% so we are reducing salaries by 5%.
My telephone calls are routed through New York City. Do I get to pay NYC taxes?
There will come a day when federal, state, county, and city taxes are not enough. They will go further and establish neighborhood taxes, then block taxes, then street taxes, then lawn taxes. Etc. Etc.
Paying an income tax (not arguing about the idea itself) should be limited to a tax derived from WHERE YOU DO THE WORK, and not the location of the company’s offices.
I have lived and paid taxes where I lived in one state but in as much as my work was in another state I mostly owed income taxes for the state where the work was located.
Some Michigan cities are trying to reverse that logic.
If they win that argument at SCOTUS, then, in my old working status, the state I live in would not have been allowed to tax my income because I was already paying the income tax for the state my work was actually located in.
That is why there are so many businesses that are right outside the city limits.
Many companies have declined to remit city tax for their employees who live inside the city but work outside it.