Rep. Alexandria Ocasio-Cortez wants to impose major tax hikes on the wealthy, but the first-year legislator may want to look after her own tax bill first.
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 tax, according to public records.
The state slapped the company with an arrest warrant on July 6, 2017, two months after Ocasio-Cortez announced its bid to run for Democratic MP Joe Crowley in the district. including parts of Queens and the Bronx.
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The state requires companies to pay a corporate tax on a sliding scale based on their income. The minimum payment last year was $ 25.
"The company has probably received many letters from the state and probably ignored them," theorized a New York City accountant.
"The company has probably received many letters from the state and has probably ignored them."
Public records show that the state dissolved the company in October 2016, which can happen when a company fails to pay taxes or file a return.
State tax services do not comment on individual companies, but usually file mandates as a last resort after attempting to raise money.
"This is the first time we have heard about it, and we will not have any additional comments to make before considering the issue," Ocasio-Cortez spokesman Corbin Trent said on Saturday.
Brook Avenue Press was created to "develop and identify stories and literature in urban areas like New York City, and more specifically in communities like The Bronx," Ocasio-Cortez said in a video posted on YouTube in October 2011. , several months before filing the act of incorporation of the company. in July 2012.
As part of a city-funded program, the company relied on low-cost space to help small businesses in the Bronx.
Called the Sunshine Bronx Business Incubator, the program was housed in a renovated former printing house in Hunts Point, where rates for office space and technical services averaged between $ 99 for a "virtual office" and $ 275 for a "virtual office". USD per month for new local businesses.
Ocasio-Cortez was featured on the city's website for the nursery and the Hispanic National Institute named her a social entrepreneur-in-residence.
"You see a huge return on investment here," Ocasio-Cortez, a 22-year-old journalist, told a reporter in July 2012. "People pay $ 500 an hour for consultations that we get for free with the water cooler. "
The tax mandate was issued by Brook Avenue Press during the Incubator Speech on Garrison Avenue.
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Despite his promise to work with "designers, artists, and writers who truly know urban history and help create stories for kids," The Post did not find any books produced by the publishing house.
Last week, Ocasio-Cortez signed a bill to tax stock transactions. She had previously called for a 70% tax on revenues in excess of $ 10 million to fund the Green New Deal, her environmental manifesto calling for "new national, social and social initiatives." "Industrial and economic mobilization" to save the planet.