What a great idea : )  

http://www.newamsterdamny.org/

It'll never happen.

Like it or not, upstate needs LI/NYC to contribute to the social welfare of the rest of the state.  We can't survive without their tax dollars.

Quoted from rpforpres

What a great idea : )  

http://www.newamsterdamny.org/

Quoted Text

Before you jump into something with out the full financial cost, read this:
In fiscal 2010, the Upstate region generated less than 28 percent of the state’s taxes
and other non-federal revenues.
By contrast, Upstate received a much larger share of state-funded expenditures,
42 percent.

(Upstate is the 'welfare state', NYC is the money generator.)

The state’s largest source of non-federal revenue, the personal income tax, is particularly
concentrated Downstate. New York City and its suburbs represent 64 percent of state residents,
but around 80 percent of the income tax.

http://www.rockinst.org/observations/wardr/2011-12-giving_getting.aspx

Quoted from Box A Rox

(Upstate is the 'welfare state', NYC is the money generator.)

The state’s largest source of non-federal revenue, the personal income tax, is particularly
concentrated Downstate. New York City and its suburbs represent 64 percent of state residents,
but around 80 percent of the income tax.

http://www.rockinst.org/observations/wardr/2011-12-giving_getting.aspx

What percentage of the wealth?  

Quoted from CICERO

What percentage of the wealth?  

Not much, it's all in offshore accounts, hidden from the tax man.  Rich men aren't necessarily stupid.

If NYC was a country...

Quoted Text

Consider:   If New York were its own country,
~ its army, the New York City Police Department, would be the twentieth-best-funded army in
the world, just behind Greece and just ahead of North Korea.
~ Its GDP, $413.9 billion, would be the seventeenth largest, just behind the Russian Federation
and just ahead of Switzerland.
~ With more than 8 million residents, it would be more populous than Ireland, Switzerland, or
New Zealand; roughly half the countries in the Middle East (including Israel); most of the former
republics of the Soviet Union; and all the Scandinavian countries besides Sweden.

Upstate needs NYC much more than NYC needs Upstate!

Quoted from Box A Rox

If NYC was a country...


Upstate needs NYC much more than NYC needs Upstate!

I wonder what the value is of NYC if you subtract the revenue generated from stock trading on Wall St?  What does NYC produce that's if value to upstate - besides paper currency from stock profits and bank interst?

Quoted from CICERO

I wonder what the value is of NYC if you subtract the revenue generated from stock trading on Wall St?  What does NYC produce that's if value to upstate - besides paper currency from stock profits and bank interst?

What does NYC Produce that's of value to upstate???
About $12 Billion dollars in state spending generated in NYC and spent upstate.

Quoted from CICERO

What does NYC produce that's if value to upstate

Obscene bridge tolls?

Quoted from Box A Rox

What does NYC Produce that's of value to upstate???
About $12 Billion dollars in state spending generated in NYC and spent upstate.

I get that...the money they spend isn't generated by anything they produce, it's generated by pushing paper.  Whether it's stockbrokers, hedge fund managers, or bankers.  The rest of the city services that paper wealth generated by buying and selling paper.  For example GE produces turbines in upstate Ny, and the brokers on Wall St earn a living from buying and selling GE stock based on GE's real production.  The money earned off stock trades produced nothing, the people that engineered and built the turbines are productive.

If upstate governed themselves, they could reduce tax rates, deregulate, and attract productive businesses(like GE), and generate tax revenue to make up for whatever is lost from downstate.

We would do better in the long run. NYC needs upstate as a dump for their problem residents. What, exactly, does the phrase "up the river" bring to mind? Does anyone think that all the welfare dollars that pour into Schenectady are a boon to us? Show all your work, please. I love NYC, but I could still visit if it belonged to another state. We would get rid of the downstate politicians, that would be the biggest plus.

Without the water that upstate supplies to NYC they would have to drink sea water.

Upstate prisons funded by downstate taxes giving upstaters jobs.  
Albany's State University system, (JOBS) much of it paid for by downstate taxes.
Upstate parks and recreation jobs, paid for by downstate taxes.
Look at the number of NY State workers in Albany, all drawing a check from taxes collected downstate.

NYC is a jobs generator for upstate in general, and the capitol district specifically.

Quoted from CICERO

I get that...the money they spend isn't generated by anything they produce, it's generated by pushing paper.  Whether it's stockbrokers, hedge fund managers, or bankers.  The rest of the city services that paper wealth generated by buying and selling paper.  For example GE produces turbines in upstate Ny, and the brokers on Wall St earn a living from buying and selling GE stock based on GE's real production.  The money earned off stock trades produced nothing, the people that engineered and built the turbines are productive.

If upstate governed themselves, they could reduce tax rates, deregulate, and attract productive businesses(like GE), and generate tax revenue to make up for whatever is lost from downstate.

NYC also needs water and power, both of which will also come from upstate.

NYS would do just fine without NYC.

Oh, I forgot, state workers up here don't pay any taxes. And none of us pay any property taxes either. As for SUNY, I think it would end up being better run and cheaper, as presently it is a system to provide high paying patronage jobs to connected downstate types, and some upstate ones as well, and to educate China's citizens cheaply.
There are a lot of ways, large and small, that we are being ripped off solely for the benefit of some wealthy mostly downstate politicians and cronies. The Hudson River-Black River Regulating District is one of them. This is not to say that there aren't NYC residents getting ripped off as well.