11.5% would be new York's. Yeah. We already have a city income tax, which he is, on corporations, which he's not counting. So it would be higher than New Jersey. And It is an impossibility that a state legislature would raise statewide corporate taxes dedicated only to New York City. My father used to say we need ideas that are good and sound. Not that sound good. So yes, sounds great. Also impossible on a governmental level. So that's the differential. (19:29–19:41)
CLAIM
Asserts that it is impossible for the state legislature to raise statewide corporate taxes dedicated only to New York City.
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