, 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
Tag: Taxes and Spending
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
As expected, President Obama's calls for a return to pre-2001 income tax rates and new limits on itemized deductions for filers with incomes starting as low as $200,000 -- essentially the same thing the president proposed two years ago. [caption Read More
When New York State's first-quarter tax receipts came in nearly $800 million above the 2011-12 financial plan forecast last week, I that the anemic 1 percent year-to-year quarterly growth in personal income tax (PIT) withholding payments was "ground Read More
New York State's 2010-11 2011-12 fiscal year appears to be off to a good start. Tax collections for the first quarter of the year were nearly $800 million above Governor Andrew Cuomo's initial budget projections, according to the June cash report posted today by state Comptroller Thomas DiNapoli. Read More
At least one leading bond counsel firm is issuing supplemental opinions to the effect that New York State's cap on local property taxes may violate the state Constitution's debt impairment provision. The lawyers' reasoning is unpersuasive, serving Read More
After sailing unscathed (with steady pay hikes, no less) through a severe recession and fiscal crisis, members of New York's largest state government union will belatedly make some relatively small, mostly temporary financial sacrifices under the ten Read More