Today 11:21 am
What would the balance sheet look like if New York City vanished?Blackvegetable » 6 minutes ago » wrote: ↑ Meaning the city gets some more of its own money back.
New York City receives 40.5% of New York State’s total operating expenditures, despite generating nearly 55% of all state revenues.Because of this revenue-to-spending disparity, NYC taxpayers contribute more to the state's coffers than the city receives in state funds, resulting in a net transfer of resources to other regions of the state.
Case closed, slam dunk, move along....you bore me with your junior varsity excuses.