Long Islanders are feeling overtaxed and not getting their money's worth.

An independent study conducted by the Long Island Regional Planning Council backs up their feelings.

It finds a $14.8 billion tax imbalance on Long Island.

John Cameron, chairman of the LIRPC, says Long Island residents send more money to Albany than they get back.

He says Long Island cannot continue to be the piggy bank for New York state.

"We're losing a lot of young people, we have an affordability crisis, we have a major tax challenge here on long island, we have a housing affordability issue," said Cameron.

Cameron brought this to the attention of New York State Comptroller Thomas DiNapoli during a virtual state of the state update.

DiNapoli says while Nassau and Suffolk counites are important to the state's economy, he estimates New York City contributes more.

"Activity there that's generated not only with income tax, but business tax. You look at the taxes paid by financial services, Long Island might not come out looking as short-changed compared to other regions," said DiNapoli.

DiNapoli says right now he has not done an analysis of region-by-region contributions.