Giving or Getting? New York’s Balance of Payments with the Federal Government

January 8, 2019

For more than two decades, former United States Senator from New York Daniel Moynihan put out a report called the “Fisc” to analyze what states “gave” in tax dollars versus what states “got” from the federal government. The report provided the public and policymakers with important information about the flow of tax dollars. The “Fisc” report found that New York gave billions more in tax dollars than it got back. That relationship is significant, with profound policy implications for the state. It is also why the Rockefeller Institute of Government has produced a second balance of payments report, and will be doing so annually. We’ve also added interactive digital data tools to allow users to explore in depth what each state gives and gets. In this time of increasing financial stress on state and local governments, we believe it is critical to continue and provide this analysis each year.

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Elite Business Strategies

Elite Business Strategies is a Women-Owned, SBA 8(a) Certified Management Consulting Firm that provides professional management consulting and value- added reseller services. Our portfolio ranges from government agencies to local small businesses to blue chip multi-site national organizations.

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Elite Business Strategies

Elite Business Strategies is a Women-Owned, SBA 8(a) Certified Management Consulting Firm that provides professional management consulting and value- added reseller services. Our portfolio ranges from government agencies to local small businesses to blue chip multi-site national organizations.

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