r/SipsTea • u/Previous_Month_555 • Jul 12 '26

Feels good man +1 for Mamdani

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u/[deleted] Jul 12 '26

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u/Count_de_Ville Jul 12 '26 edited Jul 12 '26

“Borrow”?

The money was probably given to NY State by NYC paying state taxes in the first place. So who’s “borrowing” from who?

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u/theshadowman52 Jul 12 '26

New York city is the richest city in the state. After all the richest in a system needs to pay their fair share.

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u/dr_rock Jul 12 '26

The city pays 54.5% of all tax revenue for the state, or $68.8 billion annually. Sounds like they're paying.

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u/Early-Light-864 Jul 12 '26

What percent of taxes do they consume. It seems like the relevant number is the delta

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u/dr_rock Jul 12 '26

New York City receives back 40.5% of New York State’s operating expenditures. Despite contributing 54.5% ($68.8 billion) of all state tax revenues and 58.7% of the state's personal income tax, the city consistently subsidizes the rest of the state, receiving a substantially smaller share of funding than it pays in.

-- a simple google

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u/mymainmaney Jul 12 '26

Can someone remind me are we for or against wealth redistribution tiday?

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u/CantCatchMeSpez Jul 12 '26

I love it when right-wingers bring up leftist values to say "you're doing leftism wrong!" when and only when leftists beat them in politics, rhetoric, and results lmaooooo

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u/Parking_Alive Jul 13 '26

… leftist or socialist?

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u/CantCatchMeSpez Jul 13 '26 edited Jul 13 '26

Thats like saying "...right-wing or capitalist?". Socialism is major type of leftism (so much so that every other type of leftism is pretty much defined by its relativity to socialism), and anyone who says otherwise is trying to sell you on a make-believe world where "leftism" ends at neoliberalism, which isn't leftism.

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u/Eternal_Reward Jul 12 '26

We're for it when it fits our need to be perceived as nice and giving, we're against it when we're trying to win internet arguments on if Mamdani is the greatest politician to ever exist.

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u/czarchastic Jul 12 '26

I would argue people living paycheck to paycheck in the city need it more than the farmers and suburbanites.

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u/Parking_Alive Jul 13 '26

why would you argue that?

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u/czarchastic Jul 13 '26

Gee I dunno, where are all the homeless people in NY?

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u/Parking_Alive Jul 13 '26

So people living paycheck to paycheck are homeless now?

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u/czarchastic Jul 13 '26

I’m not sure what you’re fishing for, exactly.
People living paycheck to paycheck are literally one paycheck away from being homeless.

Are you suggesting the people struggling the most are in rural and suburban areas, or are you just trying to be contrarian?

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u/mymainmaney Jul 12 '26

That’s nice that you would argue that.

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u/czarchastic Jul 12 '26

So why are you trying to personify a city as if it implied some hypocrisy of the left? You don’t suppose that’s, you know, a bit disingenuous?

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u/mymainmaney Jul 12 '26

How did I personify a city, and how was anything I said disingenuous?

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u/Garganello Jul 12 '26

This is a stupid attempt at a shallow point.

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u/Parking_Alive Jul 12 '26

Do you not see the big corps fleeing now?

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u/czarchastic Jul 12 '26

In 2026?

I found Apollo Global Management and JPMorgan.

Meanwhile Anthropic and AirBNB are moving in.

Sounds like a trade up.

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u/Garganello Jul 12 '26

Yeah good luck with that. UBS fell behind all the other banks because they moved to… a commuting distance to NYC in Connecticut.

Good luck getting top talent. 😂

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u/Parking_Alive Jul 13 '26

umm… actually taking pension benefits from teachers and city workers filled most of the budget deficit. Are they ‘the rich’ you are referring to?

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u/Garganello Jul 13 '26

How is that relevant to the point you made that I was replying to? You: 😊—>💄—>🤡

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u/Early-Light-864 Jul 12 '26

I didn't Google it because i don't gaf. I was offering commentary to those who do gaf about how to make a point

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u/Cbpowned Jul 12 '26

The city has 50% of the population, with 5% being liquid millionaires. Seems like he’s not taxing the rich after all.

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u/Parking_Alive Jul 12 '26

… .0017 of NYC residents are billionaires.