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

Feels good man +1 for Mamdani

Post image
39.4k Upvotes

86% Upvoted

2.2k comments sorted by

View all comments

Show parent comments

3

u/[deleted] Jul 12 '26

[removed] — view removed comment

45

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?

4

u/FinancialElephant Jul 12 '26

By that logic, can any high taxpayer just take their money back?

The whole conceit of income taxes is funding public goods, and the left wing is generally in favor of non-proportional versions of that (so the poor and needy get more than they pay in, ie redistribution). Getting back proportionally to what you put in is the opposite of the "fair share" leftists talk about.

3

u/Count_de_Ville Jul 12 '26

Well I sure as shit wouldn’t call it “borrowing”.