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The contentious tax applies to companies above a $10 million payroll threshold in New York City and surrounding counties.
There are about 34,000 city households in that income bracket ... the plan suggests raising New York’s top corporate tax rate to 11.5%, up from the current 7.5%, a boost that’d put the ...
The remaining 44 states and the District of Columbia impose corporate income taxes, with rates and structures varying by state. Some states apply a flat rate to all corporate income, while others use ...
New York City lost tens of thousands of higher-earning residents in the wake of the pandemic, who fled the state and took ...
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