In her state of the city address, City Council Speaker Christine Quinn just proposed a 15 to 26 percent hike in the city's income-tax rate for mid-six-figure earners and above. Together with a , the idea would bring New York City's top rate to nearl Read More
You know New York is in real trouble when it needs an economic reality check from the ex-KGB hood who rules Russia. Read More
Just in time to further debunk claims that the wealthy don't pay their "fair share" of New York State taxes, the Assembly Majority Ways and Means staff has issued a pessimistic new assessment of the economic outlook ("bleak") and revenue forecast (si Read More
Gotham Gazette has launched a new game: "." It presents almost infinite choices on how to cut city spending, as well as every politician's favorite proposed tax hike and how much money it could raise or not. The game is useful not only for the pure f Read More
E.J. McMahon testified before the Senate Temporary Committee on Rules Reform. Read More
Before the Senate Temporary Committee on Rules Reform Thank you for inviting me to share my thoughts about government transparency and accountability. For years, the long-standing joke in Albany was if you want to know what’s Read More
Governor David Paterson is being pressured by some of his fellow Democrats to raise income taxes on the wealthiest households in response to New York States $13 billion state budget gap. Read More
Over at , Larry Littlefield has posted a of "the issue no one wants to talk about" — i.e., the extent to which state and federal tax policies favor the old over the young. Read More