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Red state bailout? New York gets 91 cents back in fed aid for every tax dollar it pays, DiNapoli says

Robert Pozarycki  |  November 20, 2020

By Robert Pozarycki, includes “Despite the derision from Senate Republicans, New York taxpayers are pumping plenty of cash into federal coffers but aren’t getting nearly as much back in financial assistance from Washington, state Comptroller Thomas DiNapoli reported on Thursday. According to an analysis, New York received 91 cents in federal funding for every tax dollar it paid to the government.” 

Read the full article on: amNY

 
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