New York ranked second in the nation for total benefit payments to state and local government workers in fiscal 2005-06, with $18.7 billion in total payments, according to new Census Bureau data. New York's average benefit payment of $24,293 per r Read More
New York’s 40-year-old Public Employees Fair Employment Act—best known as the Taylor Law—was intended to protect the public from strikes while extending collective-bargaining rights to government workers. But while public-sector work stoppages have become rare, municipal and school officials fear the Taylor Law unduly favors public-employee unions at taxpayer expense. Read More
Moving vans are continuing to carry more households out of New York than they are bringing in, according to new data from a major national moving company. reports that it handled 3,646 moves out of New York and 2,369 moves into the state during Read More
After the record jump in Wall Street bonuses early this year, a slowdown in personal-income growth in New York and other finance-intensive states was inevitable in the second quarter. Read More
by E.J. McMahon A drop in Wall Street earnings brought personal income growth in New York State to a shuddering halt in the second quarter of this year, according to by the U.S. Commerce Department's B Read More
New York State homeowners continued to pay some of the highest property taxes in the nation in 2006, according to a new Tax Foundation report based on the latest Census data. Read More
A Spitzer administration plan to add at least 60,000 kids to the state's government-subsidized Children's Health Insurance Program now hangs in limbo in the wake of new regulations issued recently by the Bush administration. Read More
In a Long Island speech yesterday, Governor Eliot Spitzer suggested for the first time that he might be willing to consider a state-imposed cap on property taxes. If the governor is serious, it could be a turning point for heavily burdened New York property owners. Read More