the real cortez history starting to come out
7 responses | 0 likes
Started by mcfarm - March 10, 2019, 3:39 p.m.
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By carlberky - March 11, 2019, 9:41 a.m.
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https://www.foxnews.com/.../company-founded-by-ocasio-cortez-in-2012-still-owes-18...


"Brook Avenue Press, a company she founded in 2012 to publish children's books in The Bronx, owes the state $1,870.36 in corporate taxes," 

https://www.americanthinker.com/.../ocasiocortezs_failed_company_is_a_tax_deadbe...

"Brook Avenue Press, a company she founded in 2012 to publish children's books in The Bronx, owes the state $1,870.36 in corporate taxes, "


www.freerepublic.com/focus/f-news/3733576/posts

"Brook Avenue Press, a company she founded in 2012 to publish children's books in The Bronx, owes the state $1,870.36 in corporate taxes," 


https://canadafreepress.com/index.php/article/107194

"Brook Avenue Press, a company she founded in 2012 to publish children's books in The Bronx, owes the state $1,870.36 in corporate taxes, "


https://www.frontpagemag.com/.../rep-alexandria-ocasio-cortez-wants-high-taxes-dani...

"Brook Avenue Press, a company she founded in 2012 to publish children's books in The Bronx, owes the state $1,870.36 in corporate taxes,"


Thank God for the 1st amendment, so that we can have a free, independent and diverse media.

By mcfarm - March 11, 2019, 10:37 a.m.
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the entire emphasis of the story was her being a small conservative capitalist a few years ago. Nobody, including the author cares about her small debt that should be repaid

By mcfarmer - March 11, 2019, 11:02 a.m.
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She needs to pay her bills. Wonder what the taxes are for ? Most articles said she never made any money.


State taxes on Corp revenue, might not have had any profits. Don’t know how NY state does Corp taxes.


Maybe she should have declared bankruptcy, does that wipe out taxes owed ?


I bet someone knows.

By carlberky - March 11, 2019, 11:16 a.m.
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"She needs to pay her bills."

Mcfarmer, correct me if I'm wrong, but I thought that the purpose of a corporation was to protect the owners from personal liability.

Wonder what the taxes are for ? 

Profits?

Most articles said she never made any money."

In her filing for the House seat, she declared total income of  over $60,000.

By TimNew - March 11, 2019, 11:29 a.m.
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Corporations offer a wall of separation between the corporations assets and the owners personal assets.  This wall is in effect for civil cases/liabilities, but of course, the IRS and assorted taxing agencies and criminal liabilities are another story.  

By mcfarmer - March 11, 2019, 11:46 a.m.
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“Wonder what the taxes are for ? 

Profits?”


Know nothing about NY law but the article sounds like there is a revenue tax. Which of course isn’t the same as profits.


Maybe she thought bankruptcy would have hurt her reputation.


Ahahaha 

By carlberky - March 11, 2019, 1:08 p.m.
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The City Sales Tax rate is 4.5%, NY State Sales and Use Tax is 4% and the Metropolitan Commuter Transportation District surcharge of 0.375% for a total Sales and Use Tax of 8.875 percent.

Roughly speaking, that would indicate sales of slightly less then $18,000.