2 ms·
> Limiting cities (and people) by having them live within their means forces better management. New York State takes New York City's state taxes and gives a lo
by TomSwirly 5y ago
> Limiting cities (and people) by having them live within their means forces better management.
New York State takes New York City's state taxes and gives a lot of them to a tiny number of upstate voters.
The US government takes New York City's federal taxes and gives a lot of them to do-nothing Republican states.
If New York City were allowed to keep all the state taxes it pays, it would not just "live within its means", it would run a huge surplus.
> the market
Here we are in 2021. "The market" is literally destroying our biosphere, and this only keeps accelerating. Surely no adult believes in the "Invisible Hand" by now?