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lapucelle

(20,874 posts)

35. The city council, like the mayor, has no power to raise either income or corporate taxes.

Mon Nov 3, 2025, 05:49 PM

Nov 3

The governor, along with the state legislature determines the rates of the NYC income tax, as they do for all state and city income taxes and for the corporate tax rate.

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Donald Trump Suggests He Will Cut Down Funding to New York if Mamdani Wins [View all] BumRushDaShow Nov 3 OP

Well, I've been saying on DU for a while: Trump thinks the US Treasury is HIS money Chasstev365 Nov 3 #1

That is exactly right, I've been saying it too. Just give him all your money Republicans Walleye Nov 3 #4

Finally we will see those dreaded caravans that have bothered the right for so long. taxi Nov 3 #2

Then Mamdani should raise those taxes he wants to impose on the NY rich Cloudhopper Nov 3 #3

The mayor of NYC cannot raise income or corporate taxes on his own. lapucelle Nov 3 #26

That is true, but it is his proposal to raise the city income tax on Cloudhopper Nov 3 #31

The governor, along with the state legislature determines the rates of the NYC income tax, lapucelle Nov 3 #34

Yes it will take the city council members Tree Lady Nov 3 #32

The city council, like the mayor, has no power to raise either income or corporate taxes. lapucelle Nov 3 #35

Sorry I thought you were talking about Tree Lady Nov 3 #36

I was. Cloudhopper Nov 3 #37

I am talking about "local" NYC income taxes. The NYC mayor does, however, wield great power lapucelle Nov 3 #38

The real Q is: does anyone (including Cuomo) believe T won't cut $ to NY anyway? flor-de-jasmim Nov 3 #5

NYC should designate all revenues The Wizard Nov 3 #6

NYC should determine MoseShrute Nov 3 #7

YamTits! Bayard Nov 3 #22

taxation without representation lapfog_1 Nov 3 #8

Rather than "Blue" states withholding Federal taxes, sound the alarm on "Red" state Governors ProudMNDemocrat Nov 3 #9

How about otchmoson Nov 3 #10

"...make the city more adorable" SSJVegeta Nov 3 #11

Don't they mostly use AI now? (nt) William Seger Nov 3 #15

It's SOS as far as the GOP is concerned LilElf70 Nov 3 #12

The desperate flailing from all sectors as Mamdani's strength grows Prairie Gates Nov 3 #13

Trump doesn't understand his Presidential job and responsibilities Zorro Nov 3 #14

They understand them just fine. They just choose not to pay any attention to them. efhmc Nov 3 #18

He wants New York more than anything. Cuomo will give it to him. live love laugh Nov 3 #16

As a "giver" state, New York paid in $76 billion more to the Fed than it got back in 2024. DFW Nov 3 #17

Just another election INTERFERENCE jab. bluestarone Nov 3 #19

Newsweek ignores the main issue here karynnj Nov 3 #20

He will continue to cut funding to those who disagree as long as no one will stop him vapor2 Nov 3 #30

An attempt at extortion... WestMichRad Nov 3 #21

"communist," (?), what the hell a convicted felon republianmushroom Nov 3 #23

Cut off all utilities to his NYC properties. Prof. Toru Tanaka Nov 3 #24

This shows Mamdani is the right choice. SupportSanity Nov 3 #25

Mob Boss says it would be a shame if something happens to NYC. Irish_Dem Nov 3 #27

Blocks aid to blue states, threatens funding to universities, uses lawfare to go after political opponents SunImp Nov 3 #28

NY and Cali might need to secede SamuelTheThird Nov 3 #29

How is this not Griefbird Nov 3 #33

then NY (and CA) azureblue Nov 3 #39

Well there should also be no funding to police protecting the orange turd properties then! kimbutgar Nov 3 #40