Governor Andrew Cuomo today staged a public joint conference-call with California Governor Jerry Brown to discuss the impact on their respective states of a proposal to eliminate the state and local tax deduction (SALT on federal income taxes. Read More
The September cash report from the state comptroller's office—an important indicator of New York's fiscal health at the halfway mark of the fiscal year—highlights growing budgetary worries for Governor Cuomo and (ultimately) the Legislature. The report showed that total state tax receipts through September 30 had come in $387 million below the level projected for that period in the First Quarterly Update issued in July—which itself reflected a $1.6 billion downward adjustment from the cash flow projection in the Executive Budget presented by Cuomo in January. Read More
Vice President Pence visited western New York to tout a federal tax reform plan that could still end up saving less for Buffalo area taxpayers than their counterparts elsewhere in the country. Read More
Twenty-three percent of public school teachers and administrators in New York school districts outside New York City were paid more than $100,000 during the 2016-17 school year, according to data added today to SeeThroughNY, the Empire Center’s transparency website. Read More
Hypocrisy aside, Cuomo’s strident opposition to repeal of the SALT deduction is understandable. Even with a larger standard deduction, the outlined plan might not deliver a big tax cut for middle-class New Yorkers. Read More
Click headline for data table. Read More
Click headline for data table. Read More
The U.S. Supreme Court has agreed to hear a case with potentially major implications for New York’s government employee unions—and, ultimately, taxpayers. Read More