The Relationship Between Albany and the State

I think this relation is actually still evolving and we'll see how many of the cuts endure in the final package that Adams puts forward. The city has never really had full home rule with regard to its ability to determine its own taxes outside of the property tax, which is always set up this dynamic where it's very dependent on Albany. In a way, cities are fragile fiscal creatures. The city's power to tax incomes is greatly limited compared to the state or the federal government because there is always this threat of mobility. And certainly at the high end, you could imagine that that would kick in at some point.