«

»

the Unincorporated Business Tax


Click here to sign the petition.

The Unincorporated Business Tax (UBT) is an unfair double tax on New York City’s freelancers and many small businesses. It taxes earnings as both business and personal income.

The UBT disproportionately affects professionals in the creative industries: designers, musicians, photographers, actors, computer programmers, artists, performers, craftsters, videographers, etc.

Yesterday (March 24 2009), Mayor Bloomberg criticized the Unincorporated Business Tax, which he says double-taxes contractors and sole proprietors and discourages businesses from setting up shop in New York.

BLOOMBERG: The amount of money that we raise from the UBT is trivial but the damage that we may be doing we can never measure. Someday somebody will leave here, go some place else and start the next microsoft.

The Unincorporated Business Tax drains millions of dollars a year form the pockets of self-employed workers in New York City. Please sign the petition to urge our legislators to exempt contractors, sole proprietors, and single-member LLCs from the UBT this legislative session and end the unfair double-tax.



posted on Wednesday, March 25th, 2009 at 8:42 am and is filed under 2009, 2009-march, actors, artists, business, computer programmers, crafsters, designers, freelancers, musicians, performers, photographers, small business, taxes, videographers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

contribute to the discussion

you must be logged in to post a comment.

Archive Category