Daily News columnist Juan Gonzalez has about the $237 million in tax-exempt debt behind the overly luxurious parking "system" near Yankee Stadium in the Bronx: If [the garage defaults], the Bloomberg administration faces th Read More
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What would "truly transformational" public pension reform look like in New York? E.J. McMahon answers the question in in today's New York Post. The key, E.J. argues, is to replace the traditional defined-benefit (DB) pension with a def Read More
The MTA has that illustrates how much bridge and tunnel tolls have outpaced inflation over the past four decades. Cash tolls today on four major crossings -- the RFK Bridge (which is really the Triborough Bridge), the Bronx-Whitestone Bridge, the Read More
The and Albany both report today that Governor Andrew Cuomo's proposed public pension changes may include an optional defined-contribution retirement plan. (See Update below.) Read More
Governor Andrew Cuomo is proposing a new pension "tier" that would raise retirement ages, reduce benefit levels, eliminate overtime spiking and increase employee contributions for state and local workers outside New York City, the Associated Press Read More
The Empire State is next to last -- just above California -- in a new ranking by corporate chief executive officers of "Best and Worst States for Business." Read More
While Gov. Cuomo stumped the state this week in support of (among other things) his proposed cap on local property taxes, Speaker Sheldon Silver said the Assembly would soon introduce its own version of a tax-cap bill -- one with “not too many” exceptions. Read More
With New Yorkers preparing to vote on school budget propositions next Tuesday, the Empire Center today released an Internet-based tool allowing taxpayers to compute and compare total school district, municipal and county tax burdens in thousands of communities across the state. Read More