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Noting a reported increase in wealthy households in the New York City metropolitan area, Robert Frank of the Wall Street Journal is mystified that "New York still has huge budget problems given the wealth surge in 2009 and much-publicized tax burden... Read More

As expected, Governor Paterson has sent the state Legislature yet another version of his proposal to cap local property taxes. Replicating the language he submitted as part of the 2010-11 Executive Budget, the governor's latest program bill also hews... Read More

Governor Paterson has sent the Legislature a chapter amendment that would delete a proposed new hedge fund tax from the state's pending 2010-11 revenue bill. By approving the chapter amendment, which is expected to happen today, the state Assembly... Read More

Officials in New Hartford say they were surprised to learn recently that town bookkeeper Carol Fairbrother retired in 2007 and now collects a pension of $42,696 on top of her $58,714 salary. Read More

Notwithstanding media coverage predicting New York's "latest budget ever," it's worth noting that all of the state's 2010-11 budget appropriations already have been adopted. What's left hanging is a revenue bill encompassing $828 million in additional... Read More

Cayuga County legislators will vote Tuesday on a plan to increase their pensions by reducing their workweek from 35 to 30 hours. If approved by the 15-member Legislature, members will qualify for full-time pension credit, rather than two-thirds... Read More

Former Gov. Hugh L. Carey is the Harry Truman of New York state — a political figure who left office in disrepute, only to have his stature rise in later decades. Read More