By Dave Fidin, includes “While the economic effects of COVID-19’s onslaught are already being felt in New York, a just-released report asserts the city already had a bad balance sheet before the pandemic swept through the nation’s largest city. … According to the organization’s number crunching of the 10 largest cities across the U.S., New York has the second highest taxpayer burden, only trailing Chicago, where Truth in Accounting is based.”