Congressional Republicans today unveiled a summary of their plans for permanently extending last year's federal income tax cuts—presumably (but not explicitly) subsidized by a permanent $10,000 cap on state and local tax (SALT) deductions. Read More
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As the state prepares to collect $2 billion in proceeds from the sale of Fidelis Care, the Cuomo administration has quietly revised its statement on how it will use the money, shifting to an emphasis on service for the needy rather than support for providers. Read More
The New York-led multi-state lawsuit challenging the new federal tax law is not as weak as you might have heard. If anything, it's even worse—a 141-page mashup of half-baked numbers, dubious factual assertions and (largely well-founded) political arguments masquerading as constitutional jurisprudence. Read More
Governor Andrew Cuomo hit a new extreme in his bid to prop up government unions, telling public employers to ignore parts of both state law and the Supreme Court ruling in Janus v. AFSCME. Read More
The newly enacted federal income law provision limiting state and local tax (SALT) deductions "is likely to substantially decrease home values" in New York, Connecticut, Maryland and New Jersey. That's a key claim of the lawsuit filed by the four states against the Trump administration today with the goal of having the $10,000 SALT deduction cap declared unconstitutional. Read More
The state’s employer-sponsored health insurance premiums spiked by more than 10 percent in 2017, leaving New Yorkers with the some of the highest coverage costs in the contiguous United States. Read More
Upstate New York ratepayers will pick up more than half the multi-billion-dollar tab for a massive offshore wind turbine project that will provide very costly power for Long Island and New York City. Read More
The overarching scandal here wasn’t bid-rigging or the pay-to-play pattern in the developers’ contributions to the governor’s reelection campaign. At the root was a simply awful public policy — corporate welfare on steroids — that neither Cuomo nor most of his critics have definitively renounced, even now. Read More