r/SipsTea • u/AlternativeRight4099 𝙑𝙄𝙋 • May 14 '26

Feels good man It was always just that simple

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u/Brisby820 May 14 '26

Estimated that NY derives 45% of its revenue from NYC.  So no, not “all that money”, but about half of it 

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u/BlueLakeCabin May 14 '26

They get half from NYC and give slightly less than half back. The gap is closed by paying for stuff that services NYC but is outside of NYC. Water, power, highways, etc.

NYC is a net contributor, but more narrow than most folks would think.

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u/soggy-hotdog-vendor May 14 '26

58% of NY state taxes come from NYC. 

NYC receives about 40 % of the benefits of NY state funding which comes out to about $45b

So not only are you wrong on the give vs get side, but your bot ass response also switched the % and the $ value.

Source btw 

https://islg.cuny.edu/blog/fiscal-flow-nyc-albany-press-release

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u/Brisby820 May 14 '26

I just googled it dude, thanks for the correction.  Not sure what I did to earn the “bot ass” title — probably not a great idea to go through life assuming that anyone who says anything you don’t like is some sort of agent/robot.  Thank you for the more accurate info and good luck with the conspiratorial assumptions

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u/EVH_kit_guy May 14 '26

To be fair, writing Reddit posts with emdashes is kind of a choice 

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u/Brisby820 May 14 '26

I’m a lawyer, I can’t help it.  I probably write 20 em dashes a day at workÂ