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NYC built it's budget to be dependent on the taxes paid by the resident population of hugely rich people (to 1% and even top 0.1%). Shrink the number of people in that category paying in, and the budget becomes untenable. And, of course, trying to cut the budget significantly cause political nuclear warfare. So it behooves NYC/S (the state is a big part of this also) to do as little to **** off / drive out the billionaires.
Of couse, if they drove out the economic bottom 1,000,000 or so of the city's population, they could cut the budget significantly.
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Originally Posted by SeventhFloor
So every city needs rich people? Because I'm failing to see how this issue is exclusive to NYC.
NYC build it's budget to be dependent on the taxes paid by the resident population of hugely rich people (to 1% and even top 0.1%). Shrink the number of people in that category paying in, and the budget becomes untenable. And, of course, trying to cut the budget significantly cause political nuclear warfare. So it behooves NYC/S (the state is a big part of this also) to do as little to **** off / drive out the billionaires.
Of couse, if they drove out the economic bottom 1,000,000 or so of the city's population, they could cut the budget significantly.
The economic bottom is actually supported by the federal government and not NYC, so that argument is dead
Section 8, SNAP, even NYCHA is federally funded.
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"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
The economic bottom is actually supported by the federal government and not NYC, so that argument is dead
Section 8, SNAP, even NYCHA is federally funded.
Not true. State and the city supplement funding.
Some programs are 100% Fed, but those are rare and not the norm. NYCHA is not just fed.
There are also programs that are 100% city funded, but again those are not the norm. One of the biggest departments in NYC is DSS (Social Services) and it is bigger than NYPD, FDNY, Sanitation, and DOT combined...
I haven't seen current numbers for SNAP, but it is less than 40% Fed funded. After lobbying by the Homeless Industrial Complex (and Food bank non-profits) SNAP benefits in New York are substantially higher than the Federal minimums. All those extra SNAP payouts and broader eligibility requirements are not covered by federal money and come from state/local budgets.
Not true. State and the city supplement funding.
Some programs are 100% Fed, but those are rare and not the norm. NYCHA is not just fed.
There are also programs that are 100% city funded, but again those are not the norm. One of the biggest departments in NYC is DSS (Social Services) and it is bigger than NYPD, FDNY, Sanitation, and DOT combined...
I haven't seen current numbers for SNAP, but it is less than 40% Fed funded. After lobbying by the Homeless Industrial Complex (and Food bank non-profits) SNAP benefits in New York are substantially higher than the Federal minimums. All those extra SNAP payouts and broader eligibility requirements are not covered by federal money and come from state/local budgets.
Never said NYCHA was not just Fed
Check the numbers tho and see how much the Fed contributes
We are getting into the weeds here. Whether a particular program is Fed funded or by what % is largely irrelevant. What is relevant is the cumulative impact of these programs on the budget, which I've outlined previously as a comparison to Long Beach (as someone else used it as an example). There are programs that are 100% city funded, but again, I am not going to bring them up since its largely irrelevant to the main point.
DSS is $10 billion, so 10% of the city budget. I don't know how far that would go down if the bottom 1,000,000 inhabitants of NYC were squeezed out, but I wouldn't be surprised it it was lowered by at least half. And how much extra costs to they cause in other departments (police, education, HHS, etc.)?
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Originally Posted by Gantz
Not true. State and the city supplement funding.
Some programs are 100% Fed, but those are rare and not the norm. NYCHA is not just fed.
There are also programs that are 100% city funded, but again those are not the norm. One of the biggest departments in NYC is DSS (Social Services) and it is bigger than NYPD, FDNY, Sanitation, and DOT combined...
I haven't seen current numbers for SNAP, but it is less than 40% Fed funded. After lobbying by the Homeless Industrial Complex (and Food bank non-profits) SNAP benefits in New York are substantially higher than the Federal minimums. All those extra SNAP payouts and broader eligibility requirements are not covered by federal money and come from state/local budgets.
We are getting into the weeds here. Whether a particular program is Fed funded or by what % is largely irrelevant. What is relevant is the cumulative impact of these programs on the budget, which I've outlined previously as a comparison to Long Beach (as someone else used it as an example). There are programs that are 100% city funded, but again, I am not going to bring them up since its largely irrelevant to the main point.
The title of the thread is we are losing billionaires
So I thought it was financial related
Now its not
So what programs are city funded?
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