Yesterday's Times that Speaker Sheldon Silver has reintroduced the "millionaire tax" as a standalone bill may qualify as the dog-bites-man, non-news story of the year from the State Capitol.Silver and his conference already voted in favor o Read More
Daily News columnist Juan Gonzalez has about the $237 million in tax-exempt debt behind the overly luxurious parking "system" near Yankee Stadium in the Bronx: If [the garage defaults], the Bloomberg administration faces th Read More
What would "truly transformational" public pension reform look like in New York? E.J. McMahon answers the question in in today's New York Post. The key, E.J. argues, is to replace the traditional defined-benefit (DB) pension with a def Read More
The MTA has that illustrates how much bridge and tunnel tolls have outpaced inflation over the past four decades. Cash tolls today on four major crossings -- the RFK Bridge (which is really the Triborough Bridge), the Bronx-Whitestone Bridge, the Read More
Governor Andrew Cuomo is proposing a new pension "tier" that would raise retirement ages, reduce benefit levels, eliminate overtime spiking and increase employee contributions for state and local workers outside New York City, the Associated Press Read More
Nicole has an op-ed in today's New York Post exploring the fiscal and economic implications of the agenda being pushed by the union-led "May 12 Coalition," which is sponsoring a big demonstration in Manhattan today to demand big increases in state and city taxes. Read More
Taxpayers from around the state held a small but boisterous rally in Albany today to show support for Governor Cuomo’s proposed 2% property tax cap, which has been passed in the state Senate but is stalled in the Assembly. Read More
Woe betides Long Island commuters this week. Sunday, a passenger-less Amtrak train derailed under the East River. Because Amtrak and LIRR share quarters in this tight space, the severe damage to Amtrak's rails that ensued has hit the MTA's Long Island Rail Road. Read More
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