Based on the latest revenue numbers, New York State's fiscal situation is getting tighter by the month. Read More
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Governor Andrew Cuomo’s energy czar isn’t letting facts get in the way of attacking the growing number of dissenters who challenge Cuomo’s new Clean Energy Standard. Read More
Does the massive tax loss claimed by Donald J. Trump 20 years ago point to some sort of loophole for the wealthy in New York State's current tax law? That's the implication of Jim Dwyer's column in today's New York Times. But Dwyer reads too much into some data from the city's Independent Budget Office. Read More
New York ranks 49th out of 50 states in the Tax Foundation's 2017 State Business Tax Climate Index, released today. (New Jersey seems permanently mired in last place, so we've got that going for us, which is nice.) The Empire State's overall ranking on the widely noticed index is unchanged from last year, has ranged between 48th and 50th for a decade now, and has been 49 for most of Governor Andrew Cuomo's tenure. Read More
In what amounts to an unlegislated state tax hike, New York's already-high electricity rates are poised to go even higher. That’s because, essentially at Gov. Cuomo’s order, the state Public Service Commission will require electric utilities to both subsidize money-losing upstate nuclear plants and buy power from “renewable” energy sources, mainly solar and wind-generated. Read More
New York’s Clean Energy Standard will cost ratepayers more than $3 billion during its first five years, but its effect on global carbon dioxide emissions will be minimal, according to a report released today by the Empire Center for Public Policy. Read More
New York's new Clean Energy Standard has three major shortcomings: high cost, questionable feasibility and low impact. Read More
Per-recipient spending by New York's Medicaid program has long far exceeded the national norm, a telling symptom of inefficiency in the state's health plan for the poor. But the gap appears to have narrowed significantly during Governor Andrew Cuomo's term, with New York's spending rate falling at about twice the national average between 2010 and 2014. Read More