E.J. McMahon

Founding Senior Fellow

Edmund J. McMahon was the Empire Center’s founding senior fellow.

McMahon’s writing and research has focused on improving New York’s economic competitiveness and promoting greater transparency, accountability and fiscal responsibility in state and local government. He has authored or co-authored major studies on public pension reform, collective bargaining, population migration, budget trends and tax policy in New York. His influential “Blueprint for a Better Budget,” published in January 2010, featured a number of recommendations subsequently implemented under Governors David Paterson and Andrew Cuomo. McMahon also was a leading advocate of an across-the-board cap on property taxes in New York before it was enacted at Governor Cuomo’s initiative in 2011.

McMahon has published numerous articles and essays in publications including the Wall Street Journal, The New York Times, Barron’s, the Public Interest, the New York Post, the New York Daily News, Newsday and the Manhattan Institute’s City Journal. His frequent radio and TV interviews have included appearances on CNBC, Fox News Channel and Bloomberg News, as well as on regional cable and broadcast outlets throughout New York State.

McMahon’s professional background includes nearly 30 years as an Albany-based analyst and close observer of New York State government. As chief fiscal advisor to the Assembly Republican Conference in the early 1990s, he drafted a personal income tax reform plan that would become the basis for historic tax cuts enacted under Governor George E. Pataki. Previously, as research director of the Public Policy Institute, he worked on the Institute’s counter-budget proposals and developed the template for New York’s school report cards. He also served as a deputy commissioner in the state Department of Taxation and Finance and as a vice chancellor of the State University of New York.

McMahon is an adjunct fellow at the Manhattan Institute for Policy Research, which he joined in June 2000. In January 2005, he opened the Institute’s Albany-based Empire Center project, which became an independent nonprofit think tank in 2013. He was the Empire Center’s founding president and became research director in the fall of 2016.

Earlier in his career, he was a staff writer and columnist for the Albany Times Union and The Knickerbocker News.

McMahon is a graduate of Villanova University.

Latest Work

Going for broke on wages?

  • by E.J. McMahon
  • September 10, 2015
  • Blog

The $15-an-hour minimum wage proposed by Governor Andrew Cuomo has enormous potential implications for labor markets and employer costs in many New York business sectors, especially upstate. Read More

Gambling with New York’s pension funds

  • by E.J. McMahon
  • New York Post
  • September 9, 2015
  • Commentary

Just in time for Wall Street’s latest bout of bearish volatility, state Comptroller Thomas DiNapoli is taking an important step to fortify New York’s largest pension fund. Too bad he also passed up a golden opportunity to go further in the right direction. Read More

Tweaking NY’s pension math

  • by E.J. McMahon
  • September 4, 2015
  • Blog

Just in time for Wall Street’s latest bout of bearish volatility, state Comptroller Thomas DiNapoli is taking an important step to fortify New York’s largest pension fund. Read More

New York’s Two-State Solution?

  • by E.J. McMahon
  • New York Post
  • September 3, 2015
  • Commentary

Bill de Blasio was at a ballgame in Queens last Sunday afternoon when a group of rural landowners, town officials, Second Amendment advocates and Tea Party activists rallied in the Southern Tier village of Bainbridge on behalf of a radical reform that would dramatically enhance the mayor’s power in his own backyard: a breakup of New York state. Read More

How “North NY” would stack up

  • by E.J. McMahon
  • August 31, 2015
  • Blog

If the New York counties north of the New York City metro region were to split off and become a separate state, how would it rank nationally? The question is prompted by news accounts of last weekend's Southern Tier rally by a coalition of groups whose members want upstate to secede from the rest of New York. Not all the advocates favor creation of a separate state, however. Some favor absorption into Pennsylvania, while others suggest avoiding the constitutional hurdles of full statehood by changing New York's own constitution to create two "autonomous regions" within the outline of a "token" remaining single state. In addition, their definitions of "upstate" seem to differ. Read More

How NY stacks up on business taxes

  • by E.J. McMahon
  • August 26, 2015
  • Blog

New York's tax climate for key business sectors—with the notable exception of manufacturing—ranks at or near the bottom among 50 states, according to study by the Tax Foundation and the KPMG accounting firm. Read More

NY leans on a volatile Wall Street

  • by E.J. McMahon
  • August 27, 2015
  • Blog

The stock market turmoil of the last week is a reminder of why it's risky, verging on foolhardy, for New York's state government to depend as heavily as it does on high-income households and Wall Street investors. In the current fiscal year, taxes paid by the highest-earning 1 percent of New York taxpayers—including commuters to jobs in the state—are expected to generate 43 percent of personal income tax receipts, which in turn translates into 27 percent of total state taxes. Read More