Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Fri 02/11/2011 View Thu 02/10/2011 View Wed 02/09/2011 View Tue 02/08/2011 View Mon 02/07/2011 View Sun 02/06/2011 View Sat 02/05/2011
1
2011-02-11 Home Front: Politix
Court: NY Can Tax All Income of Owner of NY Vacation Home Used 17 Days/Year
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by DarthVader 2011-02-11 15:20|| || Front Page|| [7 views ]  Top

#1 Can't wait to see the 'transit tax' based upon your income for people routed through JFK.
Posted by Procopius2k 2011-02-11 15:31||   2011-02-11 15:31|| Front Page Top

#2 Darth, to sell these homes means that there has to be a market. How many NY residents are there in that market? Somehow I thinik supply will outstrip demand.
Posted by Alan Cramer 2011-02-11 16:07||   2011-02-11 16:07|| Front Page Top

#3 My grandparents used to live in Florida 7 months in order to pay Florida taxes. I bet there's millions of snowbirds that are about to get plucked.
Posted by BrerRabbit 2011-02-11 16:08||   2011-02-11 16:08|| Front Page Top

#4  Too bad the aborigines of North America didn't think to apply this idea of taxation to every European explorer or would-be colonist who first landed on these shores. Levy a penalty tax for not having a visa, collect a user fee (all metal objects must be surrendered on touching land), 90% property tax for anyone staying overnight, 5-year quarantine of imported animals with all charges to paid by the importer, 100% tariff on imported goods, really expensive hunting & fishing licenses, etc. etc.
Posted by Anguper Hupomosing9418 2011-02-11 16:30||   2011-02-11 16:30|| Front Page Top

#5 Illinois is rushing a team of "revenue enhancement specialists" to NY as we read this.
Bad news for Rahm though...
Posted by Bill Griling5080 2011-02-11 16:49||   2011-02-11 16:49|| Front Page Top

#6 Sarcasm or fact? Please do tell, because poor me can't.
Posted by Fire and Ice 2011-02-11 16:55||   2011-02-11 16:55|| Front Page Top

#7 Sarcasm.

But what happens to NY coffers won't be funny by the time the dust settles.
Posted by gorb 2011-02-11 17:40||   2011-02-11 17:40|| Front Page Top

#8 Is the tax pro-rated according to the amount of time spent in NY or does NY want to tax all the income from whatever state it was earned in? Will CT reciprocate and tax all income earned anywhere by anyone who has any residence in CT?
Posted by Glenmore 2011-02-11 18:19||   2011-02-11 18:19|| Front Page Top

#9 Pretty much every US state has plunging tax revenues, and their tax men are every bit as motivated and creative as those in NY state, for example, Texas: Will Amazon run out of states to operate from?
Amazon.com (NASDAQ: AMZN) will close a distribution center in Texas and will almost certainly not have any employees in the state ever again. Texas will need to provide unemployment benefits to some of these people.
Texas presented the world’s largest e-commerce company with a tax bill for $269 million last year.
Amazon can evade this issue by limiting its operations to states which don't charge sales tax: Oregon, Montana, New Hampshire & Delaware. But those states probably charge other taxes.
Posted by Anguper Hupomosing9418 2011-02-11 18:19||   2011-02-11 18:19|| Front Page Top

#10 tax men

I'd say 2/3 are women at the IRS. I have no evidence to back that up except when the IRS said I made six figures in 2008 and actually halving that would be more in the ballpark, every IRS person I spoke to was female. Women can be some of the fattest, pettiest bureau-bitches out there.
Posted by Fire and Ice 2011-02-11 18:45||   2011-02-11 18:45|| Front Page Top

#11 By the same logic wouldn't an apartment complex be a possible home so nobody from outside NY should own property you might be able to live in?
Posted by Water Modem 2011-02-11 19:20||   2011-02-11 19:20|| Front Page Top

#12 Anguper: What made the Texas deal intolerable was that, out of the blue, Texas demanded years of back sales taxes from Amazon, to the amount of about a quarter billion dollars. There's no way any corporation could stand for that.
Posted by  Anonymoose 2011-02-11 19:43||   2011-02-11 19:43|| Front Page Top

#13 I'm not faulting Amazon or Texas. All those e-tailers have been skating on thin legal ice for years by not charging & remitting local sales taxes for their customers.
Posted by Anguper Hupomosing9418 2011-02-11 20:01||   2011-02-11 20:01|| Front Page Top

#14 Does this mean they get to vote in New York? No taxation without representation ya know.
Posted by Deacon Blues 2011-02-11 20:24||   2011-02-11 20:24|| Front Page Top

#15 "All those e-tailers have been skating on thin legal ice for years by not charging & remitting local sales taxes for their customers."

They collect and remit them to the states where they have a physical location, AH.

We have a couple of websites where we sell things we make. I record, collect, and remit sales taxes from customers in my state, just as I do at craft fairs I attend. If I had to collect and remit sales taxes to the other 56 49 states too, I'd give up the websites. The extra work wouldn't be worth it. I suspect the same is true of other small e-retailers.

So the states still wouldn't get the money and the states' citizens would be deprived the chance to buy hand-crafted items at reasonable prices (which I think is the ultimate goal of these clowns).
Posted by Barbara Skolaut 2011-02-11 20:35||   2011-02-11 20:35|| Front Page Top

#16 Interstate commerce is the sole venue of the federal government. It could authorize the levying of such a tax, but I suspect that it, the federal government, would hose most of the proceeds rather than equitably share with the states.
Posted by Procopius2k 2011-02-11 20:39||   2011-02-11 20:39|| Front Page Top

#17 I suspect the bloodsuckerers of NY Tax boards have NO idea what the end result will be. Widespread sales of corporate apartments, second homes, condos at loss will drive down property values and tax revenue. Suck it, bitches. You just upended a workable social/living situation to squeeze some more $ and now you lose. Mass firings should be in order, starting with the judge that made this ruling
Posted by Frank G 2011-02-11 20:51||   2011-02-11 20:51|| Front Page Top

#18 Time to sell the vacation home and "Escape from New York." New York's not going to get any better until all the taxpayers move out.
Posted by JohnQC 2011-02-11 21:06||   2011-02-11 21:06|| Front Page Top

#19 So if I miss my flight and sleep overnight in the airport terminal, does that make me a NY resident?
Posted by James  2011-02-11 22:39|| http://idontknowbut.blogspot.com  2011-02-11 22:39|| Front Page Top

#20 I'd like to see if this ruling applies to foreign nationals. Imagine if NY state revenue people start heading out to China to audit Chinese owners of NY apartments.
Posted by Zhang Fei 2011-02-11 23:58||   2011-02-11 23:58|| Front Page Top

00:01 Zhang Fei
23:58 Zhang Fei
23:48 OldSpook
23:45 OldSpook
23:42 OldSpook
22:50 JohnQC
22:46 trailing wife
22:39 James
22:33 retired LEO
22:32 Anguper Hupomosing9418
22:12 swksvolFF
22:12 USN,Ret
22:11 USN,Ret
22:00 Rambler in Virginia
21:57 JohnQC
21:06 JohnQC
20:53 SteveS
20:51 Frank G
20:39 Procopius2k
20:38 Barbara Skolaut
20:37 SteveS
20:35 Barbara Skolaut
20:28 Deacon Blues
20:24 Deacon Blues









Paypal:
Google
Search WWW Search rantburg.com