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belcffub

(595 posts)

8. yup... I do not think most people understand how much NY relies on Wall Street

Reply to sabbat hunter (Reply #6)

Mon Jun 11, 2012, 01:05 PM

Jun 2012

I think I remember reading the NY State gets about 20% of it taxes from wall street, both directly and indirectly... taxes on transactions and on the income that wall street produces is what makes NY function... take those out even a little and NY suffers big time without a replacement source of income...

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