New York’s Unsung Taxpayers
New York derives considerable income-tax revenue from people who have no say over how they’re taxed or where their money goes. Residents of New Jersey—and, to a lesser extent, Connecticut—who work in New York account for a substantial portion of the Empire State’s total collections. While state and local politicians bicker over financial responsibility for repairing transportation infrastructure, they should remember that maintaining Albany’s coffers depends in part on keeping the buses and trains running smoothly from New Jersey.
The Facts You Need to Know
Outsider Revenue: Nonresidents of New York State pay 15% of the state’s total income-tax haul. Read more.
Out-taxed: New Jersey residents pay more in income tax than filers in Brooklyn, Queens, or any upstate county. Read more.
Commuter Burden: Every day, 85,000 New Jersey residents commute by bus to Manhattan’s Port Authority Bus Terminal, which is in desperate need of renovation. Read more.
“New Jersey provides both a discount dormitory for Manhattan employers and a revenue engine for Albany, and New York pols take it for granted.”
The Past is Present
“New Jersey’s richest resident flees to Florida.”
And in other news...
“Lunch at New York City public schools will be available free of charge to all 1.1 million students beginning this school year, Carmen Fariña, the schools chancellor, said on Wednesday in the basement cafeteria of a Hell’s Kitchen elementary school.”