I Love New York… for Business Grants and Subsidies
New Yorkers often gripe about the cost of doing business in the state. Not to take away from the pastime of complaining, but when it comes to government grants and subsidies, there are a lot of tax dollars flowing to businesses in the Empire State.
Data from the U.S. Bureau of Economic Analysis, a unit of the Department of Commerce that also calculates gross domestic product data, shows that businesses in New York receive the second-largest amount of government subsidies in the country.
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