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Products/services are priced according to the market. Some markets have high margins and others have low margins.
All the fixed and variable costs go into the final price. That is, all the costs are added up to reach the break even price.
Income taxes don't get factored into the cost because they don't have to be paid. Any company could easily avoid income taxes by reducing the prices or increasing the expenses and therefore lowering their profits.
You run your business very differently than the way I run mine.
I never have to pay income tax.....because I do write many things off.
Mostly because New York leads the country in the number of people fleeing the state. California is number two in the nation, but still far behind New York:
Jobs are leaving. People are leaving. Money is leaving. What does that say about previous policies in the state, and what does it say when the incentive to stick around is reducing the tax burden? It's basic math.
Mostly because New York leads the country in the number of people fleeing the state. California is number two in the nation, but still far behind New York:
Jobs are leaving. People are leaving. Money is leaving. What does that say about previous policies in the state, and what does it say when the incentive to stick around is reducing the tax burden? It's basic math.
Some people leave and then others take their place. NYC was one of the few major cities to actually see growth. Why do you think their RE market never skipped a beat?
Also, if you notice the data in your linked sources end at 2010, but 2011, 2012, & 2013 were positive and job gains have also been positive.
Certain tax cuts for businesses are incentives. Simply cutting taxes for the wealthy (i.e., who the GOP call "job creators") does nothing for job creation. There should be strings attached to business tax cuts--for hiring Americans, not outsourcing to other countries, etc.
Neither does setting up a program with a narrow set of guidelines as START-UP NY dictates.
Contrary to popular opinion, Ney York City is not New York State in it's entirety.
Upstate NY has been loosing jobs, employers and citizens for years.
NYC takes it's water and taxes from upstate and gives upstate it's welfare dependants, illegal aliens and high tax rates.
Popoular opinion? I live in New York State pal.
Upstate NY has been the brunt of bad jokes for decades. Which part of upstate are you talking about? Buffalo Metro, Rochester Metro, and Albany Metro do perfectly fine. Buffalo has averaged 4% growth since the recession. Without New York City, New York would still be a battleground / leaning blue state. People forget that.
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