Well, Zoran says the New York corporate tax is about 7%, the Jersey corporate tax about 11%. He wanted to raise it to 11, raise it to 11. Except the New York tax is not 7. The state tax is 7. The city has a separate corporate tax of about 8. And then you have the MTA tax, which adds on to the 8. Yeah. So it's like you're over 20% of. On the state city corporate tax rate. (17:33–17:41)
CLAIM
Asserts that New York State's corporate tax is 7% and New York City's is an additional 8%.
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