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New York City’s Debt Amounts to $71,400 Per Taxpayer

MARCH 1, 2022 | by Adam Andrzejewski | REALCLEAR POLICY

Includes: “New York City is in trouble. A new report by Truth In Accounting, a nonpartisan nonprofit that specializes in government transparency, shows that New York City has $204.4 billion in debt—$71,400 per taxpayer. This means that each taxpayer would have to pay $71,400 in future taxes without receiving any related services or benefits."

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