Tax hike fun ‘n games NY Torch

Advocates of a huge increase in New York State's income tax continue to attempt to mislead the public about who pays how much of the current state income tax. (more…)...

MTA: The $2 toll canard NY Torch

Before Senate Majority Leader Malcolm Smith stalled the plan yesterday, Assembly Speaker Sheldon Silver had come up with a compromise idea to raise new money for the state-run Metropolitan Transportation Authority: charge a $2 toll for drivers to cro...

A bridge toll too far? NY Torch

As the projected operating deficit at the state-run Metropolitan Transportation Authority increases by as much as $650 million, to nearly $2 billion, MTA board members have gone to Albany today to continue their lobbying for the Ravitch plan. The p...

“Just how dependent on Wall Street had we become?” NY Torch

E.J. testified before Albany's Joint Legislative Fiscal Committees today. One tidbit illustrates the Empire State's acute dependence on Wall Street: Just how dependent on Wall Street had we become?  Consider this: in 2006, auto manufacturing account...
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