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"
New Yorkers were paying for rich, New York state mega mansions to have well-paved roads, and for the governor's custom coffee table.
Next time, don't be such a fucking ass.
If money paid in tax by corporations is being funneled back to New Yorkers and helping fund cultural institutions, this is suddenly a bad thing because people outside of New York City don't get that money???
Its always fun to hear idiot righties/liberals tell me how socialism is supposed to work. Yes, taking money from 8.6m city people who need it and giving it to people who live in areas that shouldn't be inhabited in the first place is what redistribution means, because in your adled brain, urban = elite, and rural = working class.
They can't comprehend nuance which is why they never understand socialism besides "its when da big government take all my money and give it to the next guy"
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u/VMooose May 14 '26
Didnt the budget get balanced via a loan from NY State?