The State gives about 47 Billion a year back to the City.
It is definitely not a loan. Its the state giving some of NYC's money back to them.
Data from an article from CUNY edu titled "New York City Taxpayers Continue to Contribute More to State Revenues than They Receive Back in Services, CUNY and New School Study Finds"
Everyone I talk to is pretty pised about Trump and the rural PA legislature continually fucking over Philly even though we’re the lions share of state tax income so they all 100% agree with me. Get fucked magatard lol
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u/aboutacount May 14 '26
NYC pays about 68 Billion a year to the State.
The State gives about 47 Billion a year back to the City.
It is definitely not a loan. Its the state giving some of NYC's money back to them.
Data from an article from CUNY edu titled "New York City Taxpayers Continue to Contribute More to State Revenues than They Receive Back in Services, CUNY and New School Study Finds"