✍️ Petition: Should AOC pay her taxes?
✍️ Petition: Should AOC pay her taxes? 👇
Alexandria Ocasio-Cortez has come under fire after it was revealed that she owed $2,000 in unpaid taxes from a failed business venture, according to The Daily Mail.
The New York Tax Department’s records show the warrant filed against Brook Avenue Press, Ocasio-Cortez’s business, which has been dissolved since 2016.
She was just 22 when she started the publishing house, which was created to ‘help develop and identify stories and literature in urban areas ….specifically in communities like The Bronx,’ Ocasio-Cortez says in a 2011 YouTube video.
Ocasio-Cortez is known for supporting higher taxes on the wealthy and has supported doubling tax deductions for small businesses like hers.
‘You don’t really make a profit in your first year,’ Ocasio-Cortez said in 2012.
‘To get taxed on top of that is a real whammy.’
The state issued a warrant to the company in July 2017, just 2 months after she declared her candidacy in the Democratic primary.
The warrant was issued over a $1,618.36 unpaid bill.
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The outstanding bill has still not been satisfied as of Friday, the New York Post reported, and the outstanding payment has climbed to $2,088.78.
A spokeswoman for Ocasio-Cortez released a statement saying, ‘The congresswoman is still in the process of contesting the tax warrant. The business has been closed for several years now, and so we believe that the state Tax Department has continued to collect the franchise tax in error,’ said Lauren Hitt.
‘As anyone who’s tried to contest a tax bill in error knows, it takes time.’
More from Daily Mail:
Ocasio-Cortez’s publishing house was launched through the Sunshine Bronx Business Incubator, a New York City-subsidized program designed to help small businesses in The Bronx.
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The initiative was headquartered in an old converted factory in the Hunts Point section of The Bronx, where entrepreneurs like Ocasio-Cortez paid monthly rent which ranged between $195 and $275 per person.
Nonetheless, the company failed to publish a book.