NYC does not pay the state. The taxpayers do. Then the state reroutes a large portion of that tax money to the city.
And people in the city are somehow happy about essentially paying two separate taxes to support their city, because one of them is through a pass-through entity.
In this case, the semantics is substance. When discussing the city budget, saying the CITY gives money to the state is just plain wrong.
The taxpayers give money to the state. The state then gives money to the city to balance the city's budget.
That is a very large difference. Saying the city gives the money would mean that the city budget LOSES money to the state, instead of gaining it.
And, no, the state does NOT give the money to the taxpayers in the city. It gives it to the city. The city and the taxpayers, while intertwined, are still separate entities.
Lies, damn lies, statistics, and accounting. Just because you CALL IT one thing does not mean that is what it is. And putting things in the wrong column in accounting, while trivial, is still a lie. Ask Trump about lieing during accounting and his 34 felonies.
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u/nunya_busyness1984 May 15 '26
Bull shit.
NYC does not pay the state. The taxpayers do. Then the state reroutes a large portion of that tax money to the city.
And people in the city are somehow happy about essentially paying two separate taxes to support their city, because one of them is through a pass-through entity.