Last Tuesday, State Comptroller Tom DiNapoli released a report which finds that in 2016 New York State received 84 cents for every dollar that its residents sent in taxes to the federal government. This deficit – now at $40.9 billion — has grown since DiNapoli prepared a similar report in 2015. The national average is $1.18 received from Washington per dollar sent.

Comptroller DiNapoli said:

β€œNew York sent an estimated $40.9 billion more in tax payments to Washington in 2016 than it received back in federal spending. While the Empire State fares well in some areas, in total it receives significantly less per tax dollar than the vast majority of states. Federal decision makers should consider this imbalance as they debate proposed budget and policy changes that could significantly impact New York and other states.”