[wright-goes]

I agree it isn't a bad thing per se, but it should drive higher productivity and not be a net decrease in revenue.

If fewer people from New Jersey come to Manhattan, that's less revenue for restaurants and less sales tax collected. Taking that a step further, if those same workers work from their office in NJ or remotely, that's less income tax collected by the City, too.

Moreover, if you have a person living in Manhattan generating high revenue that is being taxed proportionally, having that person slogging through the bus / subway system an extra 30 - 60 minutes one way vs. taking a car is going to decrease the value they're creating. That means less revenue to tax from that person's business, and less taxes to collect from uber / taxi use. But hey, the City got that $2.90.

It's a complex relationship, and I'm not convinced this is going to be a net revenue generator on any level.