Today's Times has an about the city's efforts to lure more of the biotech industry to New York by subsidizing real estate in Brooklyn and Manhattan. It inadvertently makes the case for across-the-board tax cuts. Read More
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Governor Paterson will propose a mid-year cut in state aid to public schools as part of a $2 billion budget reduction package to be released tomorrow. Here's a chart that provides some perspective on the budgetary debate ahead: [caption id="at Read More
New York’s Freedom of Information law should be amended to require greater public disclosure by government employers of tentative contract agreements with public-sector labor unions, according to a Policy Briefing issued today by the Empire Center for Public Policy. Read More
The “people’s right to know” is a hollow concept when government can withhold vital information until it is too late for the people’s voice to be heard. Read More
The Wall Street Journal has run my op-ed on the risks New York City faces in its approach to fiscal and economic problems. The thesis is that the city's main economic engine -- Wall Street and the financial-services industry -- cold be at th Read More
Yesterday, another New York art auction went , with a Christie's sale bringing in $146.7 million against a "low" estimate of $240.7 million. "Of the 82 works for sale, 36, or more than 40 percent, of the auction went unsold," the Times repo Read More
In the of today's , a Canadian takes aim at New York City's sky-high corporate tax burden: The effective combined U.S. federal, New York State and New York City tax rate of roughly 46% to 47% that corporations pay on their New York City Read More
IBM chief Sam Palmisano gave a to the Council on Foreign Relations today in which he proposed a private-public "smart systems"-led recovery for the economy. Read More