But what's stopping some of those people from leaving the city and just taking that money with them? So what we've seen actually is that The corporate tax applies to any entity doing business in New York, not one that's just headquartered here. So whether you're located in Miami or you're located in Manhattan, you're going to pay this corporate tax. And ultimately I believe there's no entity that's going to stop doing business in a $1.3 trillion economy. (01:11–01:19)
CLAIM
Asserts that New York's corporate tax applies to all businesses operating in the state.
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