4 ms·
De jure, even NYC's existence itself is contingent on NYS' permission: https://wikipedia.org/wiki/John_Forrest_Dillon#Dillon's_Rule https://wikipedia.org/wiki/
by myroon5 11mo ago
De jure, even NYC's existence itself is contingent on NYS' permission:
https://wikipedia.org/wiki/John_Forrest_Dillon#Dillon's_Rule https://wikipedia.org/wiki/John_Forrest_Dillon#Dillon's_Rule
(de facto realpolitik-wise NYC will continue existing, but my point is to widen your Overton window to realize even NYC's own taxing authority is still under NYS' jurisdiction)
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Btw, federal and state funds were each ~1/6 of NYC's revenue in 2021:
https://www.ibo.nyc.ny.us/iboreports/understandingthebudget.pdf https://www.ibo.nyc.ny.us/iboreports/understandingthebudget....