New York State Comptroller Thomas DiNapoli New York State Comptroller Thomas DiNapoli

ALBANY—Last year, New York State sent $24.1 billion more in tax payments to the federal government than they received in return in federal spending in the Empire State.

New York State Comptroller Thomas P. DiNapoli reports the massive tax/funding disparity calculates out to New York receiving 90 cents of every $1 it sends to Washington, DC.

Recommended For You

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.