If Long Island were a state, it would by the 13th most populous and first in terms of population density with 5,402 people per square mile, or 2,086 people per square kilometer. It is one of the most densely populated regions in the country. Long Island has 39% of the total population of the state of New York.
The tax revenues generated for NYS, by the citizens of Long Island, are sucked in by Albany, and spent elsewhere in the state. Long Islanders make up 39% of the population. We’re not getting that return on our investment. For Long Island. If you could get a better return on your investment at another bank, you’d switch banks. What do we get? Higher taxes. Run down infrastructure.
Long Island has 7.647million residents. That’s more than Rhode Island, Iowa, and Kansas combined. Yes, combined! If we took that tax revenue and put it solely into the Long Island area, we would flourish. I’m not an economist, but I bet , before long, our property taxes would actually come down. Why should we continue to be Albany’s piggy bank? Why should we be punished economically, because of Long Island’s proximity to NYC?