Supporters of a massive increase in New York State’s marginal income tax rates are crowing over an in today’s New York Times, headlined “Taxes Not Seen as Making the Rich Flee New York.” The article (in which I’m quoted) focuses Read More
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As a former journalist and now as analyst for the Empire Center for Public Policy, I am pleased the Senate is considering a package of bills to expand the Freedom of Information Law and the Open Meeting Law. Read More
Famous pretend insurance company AIG, responding to popular demand, has released a list of its major structured-finance counterparties -- that is, those banks, municipalities and the like that stood to lose the most if AIG had gone under without mass Read More
The financial meltdown will have enormous consequences for taxpayers across the country -- but nowhere more so than in New York. That's because the Empire State has become excessively dependent on tax revenues generated by a Wall Street that no longer exists. Read More
A friend in Washington, D.C., passes along . Sneak preview: you can't fit it in a suitcase. Read More
GOV. Paterson and state legis lative leaders announced yesterday that they've agreed to use most of New York's unfettered federal stimulus money to restore spending to the governor's budget and to avoid any further spending cuts. Read More
First, this economic and fiscal crisis is not just another cyclical downturn. What we have witnessed over the past year is the end of an era. Read More
Governor Paterson and state legislative leaders announced today that they've agreed to use most of New York's unfettered federal stimulus money to restore spending to the governor's budget and to avoid any further spending cuts. The result will be Read More