Math for Socialists

Self ^ | 11/10/2025 | Self

[Pete Dovgan]

Figured I would do some 'rough' figure Math for any of the NYC Socialists who can read. Feel free to check the article for references above. Population of NYC= 8,478,072 Budget is 188 Billion a year. 1% of NYC accounts for 90% of Tax Revenue for the NYC. Therefore 84,000 people are responsible for 169 Billion of the 188 Billion of Revenue for NYC. Here is the Math for soaking the Rich. If the Rich leave, say 50% to florida or other districts, you lose 50% of 169 Billion of your budget. That's a no go for Police, Fire, Sanitation, Roads, Water, and most 'essential' services. The math says you don't need millions to leave NYC, only about 42,000 people. Those 42k people would 'destroy' the city by taking their Tax Revenue with them. That's not a lot of people 42k out of 8.4 million. This is the math problem with 'soaking the rich'. We can all thank public school education, Woke, and 'math is racist' ideologies for the disturbing math skills of the people that voted to destroy NYC. I promise you, all of the laws for from the 1970's aren't going to save the city from this kind of stupidity. Math says it can't provide essential services, and that's the way it is.

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TOPICS: Chit/Chat; Humor
KEYWORDS:

[ridesthemiles]

FOR ANYONE ABLE TO RETIRE-—

I LIVE IN SEMI-RURAL N NEVADA HIGH DESERT

CONTACT ME ABOUT HOW QUIET & LOW COST OF LIVING THERE IS HERE.

[ridesthemiles]

PREDICTION:

THE TAX HIKE WILL SEND NEW YORKERS HITHER & YON-—OUT OF NYC.

[Presbyterian Reporter]

“”””A little over $112B
https://www.nyc.gov/assets/omb/downloads/pdf/adopt24/adopt24-expreso.pdf
Revenue (approx)
City funds $85B
NY state $19B
Fed. $ 8B””””

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Thanks for clarifying the sources of NYC budget.

I would guess that NYC personal and corporate income taxes and property taxes account for most of the $85 billion of city fund revenue.

If people and corporations both leave NYC, the income and property tax revenue will go down.

[Moltke]

Whatever the true budget is, it hardly consist only of income tax revenue. There must be hundreds of revenue streams, from parking tickets to sales tax to however many permits are needed to build or do something to federal grants and on and on and on.

[Pete Dovgan]

Yes, but apparently 1% of the public is supporting 90% of the government.
1/4 to 1/2 leave, and collapse happens for sure.

You’re talking about 24-42k of the right taxpayers, and you have no essential services. Laffer Curve, tax rate beyond a certain point drives taxpayers away or into hiding, or both. This results in catastrophic tax revenue decrease.

NYC is about to test the Laffer curve, which Democrats and Socialist believe doesn’t exist. Like math and gravity, Laffer curve just is, and it doesn’t care what you believe.

[Moltke]

So you’re saying the Laffer curve is the honey badger of graphs. 👌🏻 👍🏻