New York City powers the state economy, growing 110% from 2010 to 2024 while the rest of New York grew 68%. Yet NYC taxpayers generate 54.5% of state revenue but receive only 40.5% back. In FY 2022, the city sent $68.8 billion to Albany and got $47.6 billion back, a $21.2 billion gap while NYC faces a $5.4 billion budget shortfall. #NewYorkCity #NYPolitics #Budget
When that money doesn’t return, ... https://instagr.am/p/DVjPzI7Ee7p/

voteinorout on Instagram: "New York City powers the state economy, growing 110% from 2010 to 2024 while the rest of New York grew 68%. Yet NYC taxpayers generate 54.5% of state revenue but receive only 40.5% back. In FY 2022, the city sent $68.8 billion to Albany and got $47.6 billion back, a $21.2 billion gap while NYC faces a $5.4 billion budget shortfall. #NewYorkCity #NYPolitics #Budget When that money doesn’t return, the costs land on residents through higher property taxes, strained transit, and fewer resources for schools, housing, and childcare. State decisions under #AndrewCuomo cut $327M from foster care, $193M from food and housing aid, $65M from rental assistance, and $500M from local aid, while shifting $480M in MTA costs onto the city. A 2% tax on income over $1M would affect about 33,000 people and raise $3B a year, and 54% of voters statewide and 62% of NYC voters support it. #TaxTheRich NYCBudget EconomicJustice FairTaxes NYC Help this information get to more voters. 🇺🇸 A well-informed electorate is a prerequisite to Democracy.—Thomas Jefferson"
19 likes, 0 comments - voteinorout on March 6, 2026: "New York City powers the state economy, growing 110% from 2010 to 2024 while the rest of New York grew 68%. Yet NYC taxpayers generate 54.5% of state revenue but receive only 40.5% back. In FY 2022, the city sent $68.8 billion to Albany and got $47.6 billion back, a $21.2 billion gap while NYC faces a $5.4 billion budget shortfall. #NewYorkCity #NYPolitics #Budget When that money doesn’t return, the costs land on residents through higher property taxes, strained transit, and fewer resources for schools, housing, and childcare. State decisions under #AndrewCuomo cut $327M from foster care, $193M from food and housing aid, $65M from rental assistance, and $500M from local aid, while shifting $480M in MTA costs onto the city. A 2% tax on income over $1M would affect about 33,000 people and raise $3B a year, and 54% of voters statewide and 62% of NYC voters support it. #TaxTheRich NYCBudget EconomicJustice FairTaxes NYC Help this information get to more voters. 🇺🇸 A well-informed electorate is a prerequisite to Democracy.—Thomas Jefferson".

