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Without discussing details, Governor Cuomo did not flatly contradict or deny aWall Street Journal report that he is considering some sort of personal income tax “overhaul” that would combine a middle class tax cut with some sort of increase in tax rates for upper-income households. Read More

The Times ran a on Mayor Bloomberg's plan to develop the Far West Side of Manhattan. The story doesn't mention how drastically City Hall has had to change its financial estimates -- and make actual taxpayer-cash outlays -- for the projec Read More

Governor Andrew Cuomo is making a big deal out of the failure of a congressional “super committee” to produce a deal on reducing the federal budget deficit. This is supposed to trigger $1.2 trillion in across-the-board federal budget cuts over a 10-year period beginning in 2013—which, Cuomo said yesterday, could translate into $5 billion in lost federal funding for New York. Read More

New York’s highest court has just ruled—not for the first time—that Article VII, Section 8.1 of the State Constitution does not mean what it seems to say in prohibiting gifts and loans of state money “to or in aid of any private corporation or association, or private undertaking.” Read More

Property tax burdens in New York’s counties, based on U.S. Census data crunched by the Tax Foundation, are presented in an online map widget unveiled yesterday as part of Governor Andrew Cuomo’s new “CitizenConnects” program. Read More

The Securities Industry and Financial Markets Association (Sifma) held its . Speakers' outlooks on the financial industry bode poorly for New York's economy. "I think we will see a lot more cost cutting," said Toos Daruvala, director of banking an Read More

New York doesn't look so hot in the just-released 2011 National Assessment of Education Progress (NAEP) report cards in and , designed to show "what America's students know and can do in various subject areas." Generally, the trending shows impr Read More

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