Month: August 2009

New York State residents pay some of the highest local taxes in the nation. Until now, however, New Yorkers have had no easy way to compare basic fiscal measures for the local governments that account for a large share of the taxes they pay. Read More

Writing in today's FT, investment-banking veteran (and former New York bailout-facilitator) Felix Rohatyn and ESC consulting-firm president Everett Ehlrich, pointing out that states still face $200 billion in operating deficits in the next t Read More

Between fiscal years 2002 and 2007, New York City's tax revenues increased by 74 percent, to $37.8 billion (really, see ).* A new by Washington's Government Accountability Office (GAO) helps show why. Read More

Ratings agency Moody's has put the state-run Metropolitan Transportation Authority in a sort of purgatory, noting (but more diplomatically than I will) that Albany's utter failure to solve a relatively simple problem "puts the MTA on an operating p Read More

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