A proposal to raise New York’s personal income tax rates on high-income households will cost the state 22,000 private-sector jobs if enacted, according to an economic analysis by the Empire Center for Public Policy. Read More
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As the projected operating deficit at the state-run Metropolitan Transportation Authority increases by as much as $650 million, to nearly $2 billion, MTA board members have gone to Albany today to continue their lobbying for the Ravitch plan. The Read More
An enormous income tax hike proposed by some New York lawmakers with backing from a coalition of public-sector labor unions would cost the state at least 22,000 private-sector jobs, according to a new analysis issued by the Manhattan Institute's . Read More
Avi Schick, head of the Empire State Development Corp. for 2007 and 2008, in today's Daily News. He wants to use our taxpayer-guaranteed state and city pension funds to prop up the teetering local construction and commercial-real estate i Read More
"The prospects of an early agreement between [New York City] and its bankers on an economy program ... to avert payroll and interest defaults ... remained doubtful yesterday. "While the city and its bankers, with Governor Lehman sitting in, were str Read More
Macquarie Infrastructure Group, partner in the long-term Indiana Toll Road "public-private partnership," . The document illustrates how much riskier the market perceives such deals to be. The details once again point up the fact, then, that such lo Read More
With more than $200 billion in federal stimulus money going directly to states, one might think that the feds were done bailing out the not-so-thrifty of the fifty (plus Puerto Rico). Municipal Market Advisors, which studies the state and l Read More
The Times offers that a couple hundred million dollars (at least) of for the state-run Metropolitan Transportation Authority through new bridge tolls and a payroll tax wouldn't actually be new revenue going to the MTA. It would be a ste Read More