New York ranks 50th — meaning “worst” — in the Tax Foundation’s 2013 State Business Tax Index, released today. The Empire State’s ranking tumbled back to last place after climbing all the way up to number 48 in the 2011 Index. Read More
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The Campaign for Fiscal Equity (CFE) litigation of 1993-2006 established the principle that New York State is constitutionally obligated to ensure funding of a “sound, basic education” for pupils in New York City schools. Today, the state’s highest court cleared the way for a lawsuit claiming that funding levels for about a dozen of New York’s small city school districts doesn’t meet that requirement. Read More
For years now, the Senate GOP’s approach to economic growth has been to cook up big pot of targeted tax relief, and then fling the whole one-house package onto the agenda for passage so incumbents can campaign on it. Job creation? We’ve got it covered! Read More
Just a few weeks ago, Gov. Andrew Cuomo was trying to get the “Occupy Albany” tent people arrested. This week, he hasn’t just caved to their main demand—he’s also begun to sound more like them. Read More
E.J. McMahon of the Empire Center on a segment of NY1's "Inside City Hall" last night. E.J. began by informing moderator Errol Lewis that Governor Cuomo's with the Legislature involves a significant tax increase, not a tax cut. Read More
Governor Andrew Cuomo and legislative leaders have just announced a deal on a major increase in the state income tax rates compared to what is scheduled under current law — i.e., the official breaking of the Cuomo promise not to raise taxes. Read More
A 21st Century Rip Van Winkle, awakening after a two-year catnap, might assume based on this morning’s newspaper headlines that David Paterson had been elected governor in 2010. But after rubbing his eyes and donning his reading glasses, old Rip would discover that the governor now getting ready to execute an 180-degree turn on taxes — just as Paterson did in 2009 — is none other than Attorney General Andrew Cuomo. Read More
Governor Cuomo’s tax-hike spin machine is in overdrive. The governor just issued an “op-ed” on tax reform that claims the state’s current income tax code “is just not fair,” implying strongly that filers with low-incomes pay taxes at the same rate as millionaires. Read More
, the Empire Center's senior fellow and frequent blogger on this site, discussed state tax issues Wednesday on YNN's "Capital Tonight" program with Liz Benjamin. Also appearing was Michael Kink, a leading advocate of higher taxes. . Read More
Governor Cuomo may seek to extend higher state income tax rates in top brackets under the guise of a tax reform or restructuring that might also involve a tax break for middle class, according to a report in today’s Wall Street Journal. Read More
“First get your facts,” Mark Twain once said, “and then you can distort them as much as you please.” Following Twain’s advice, State Sen. Daniel Squadron (D-Brooklyn) and Assemblyman Rory Lancman (D-Queens) have unleashed a fresh set of purported “facts” about New York taxes, in response to my criticism last week of their call for higher state income taxes on households earning more than $1 million a year. Read More
In response to the Occupy Wall Street protest, a pair of Democratic state lawmakers from New York City is repeating some flagrantly inaccurate data about taxes in New York State. In an at Huffington Post, Senator Daniel Squadron of Brooklyn Read More