 GlobalMindDomino Dude, POWER Systems GuyPremium
join:2001-10-29
Hollywood, FL | My $.02 I live in South Florida. The parent company of my division is in NY. The division I work for is in Indiana.
While I presently work out of an office of said parent company, this will change soon and I will work from home.
Since FL has no state income tax either, I do not presently pay any state income tax.
And frankly that is the way it should be. The tax needs to be based on the person's permanent residence, not the location of the company they work for.
Otherwise I would theoretically pay tax on NY and IN...and let me tell you that ain't gonna happen.
This is purely greed by the state of NY looking for yet more income. I guess they don't like the idea that NY companies would hire people from other states and not move them to NY so they could collect income tax.
K.
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TheGlobalMind.com
Chaos, panic & disorder. My work here is done.
Speed costs money. How fast do you want to go? |
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mglunt
join:2001-09-10
Fredericksburg, VA
1 edit | I think some cities do this to opposing players on sports teams. The away team comes to play and the home city taxes their pay check.
I'll have to look into this, but I am pretty sure it happens - not that they can't afford it or anything.
Found some links...
»money.cnn.com/2005/04/14/comment···ortsbiz/
»www.thejournalnews.com/scenes/041305.htm |
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tcopePremium
join:2003-05-07
Sandy, UT
kudos:1 | reply to GlobalMind
said by GlobalMind:I live in South Florida. The parent company of my division is in NY. The division I work for is in Indiana. While I presently work out of an office of said parent company, this will change soon and I will work from home. Since FL has no state income tax either, I do not presently pay any state income tax. And frankly that is the way it should be. The tax needs to be based on the person's permanent residence, not the location of the company they work for. Otherwise I would theoretically pay tax on NY and IN...and let me tell you that ain't gonna happen. This is purely greed by the state of NY looking for yet more income. I guess they don't like the idea that NY companies would hire people from other states and not move them to NY so they could collect income tax. Are you required to work in FL? If so, NY would allow you an exemption for NY taxes... as the article states. So this is already covered. Your situation is probably different then the person's in the article.
Here is the part that most people, including yourself, is overlooking; it's legal for some states to tax income. This is done because the company paying the income benefits from being in the state. The state provides the infrastructure of the state and allows businesses to operate. So, we can all agree it's legal for NY to tax incoming being paid from NY companies to NY employees. Now... because the person _chooses_ to live someplace else is irrelevant. Because someone chooses to live outside of NY does not change anything. |
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jp10558Premium
join:2005-06-24
Willseyville, NY | I'm sorry, so since I work for Best Buy, I should pay income tax in all 50 states??? I don't see why I should pay tax based on where the company is located. It doesn't make sense to me.
AFAIK till now, all taxes were based on where you live. If that's not the case, then the whole net sales tax thing got a whole lot easier. You pay the sales tax where the company is located (and watch a whole butload of companies move to a state w/out sales tax). I mean, they shouldn't be able to have it both ways.
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tcopePremium
join:2003-05-07
Sandy, UT
kudos:1 | said by jp10558:I'm sorry, so since I work for Best Buy, I should pay income tax in all 50 states??? I don't see why I should pay tax based on where the company is located. It doesn't make sense to me. AFAIK till now, all taxes were based on where you live. If that's not the case, then the whole net sales tax thing got a whole lot easier. You pay the sales tax where the company is located (and watch a whole butload of companies move to a state w/out sales tax). I mean, they shouldn't be able to have it both ways. Only if you get _paid_ from offices in all 50 states. I mentioned in another post that it does not matter where your company has a presence. Only two places matter... where you get paid and where you live.
"Net sales tax"???? We are discussing _income_ tax. |
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