ALBANY — Warning to rich New Yorkers: The tax man might be digging deeper into your pockets in the years ahead. There is a growing sense in the capital that legislators are likely to turn to an income tax increase on the wealthiest New Yorkers t Read More
Now that they control both houses of the New York State Legislature, Democrats in Albany are reportedly preparing to raise the state income tax on high-income New Yorkers to help plug a $15 billion budget gap. Read More
THE House of Representatives this week is expected to pass a federal stimulus package that could pump at least $17 billion of noncapital funding directly into New York's state and local government coffers over the next two years. Read More
Education advocates in the Hudson Valley and throughout New York state are predicting thousands of teachers and aides will lose their jobs if the Legislature adopts Gov. David Paterson's proposed school-aid cuts for the coming year. Read More
KINGSTON — Six current and former Highland school district administrators are suing the district over its 2007 decision that required them to contribute 15 percent of the cost of their post-retirement health and dental insurance. The plaintiffs Read More
E.J. McMahon testified before the Joint Legislative Fiscal Committees. Read More
President Obama said that his move on Wednesday to impose a salary cap of $500,000 for top executives at companies that receive the largest amounts of federal bailout money was “basic common sense.” The Treasury Department said the new set of gui Read More