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 JournalThe New York TimesBarron’s, the Public Interest, the New York Post, the New York Daily NewsNewsday 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

The Southern Tier has been among the most poorly performing regions of a weak upstate New York economy over the past four years. But you sure wouldn’t know it from listening to Howard Zemsky, the Buffalo developer recently named by Gov. Andrew Cuomo to chair the Empire State Development Corp. Read More

City workers who qualify for pensions are also eligible for lifetime health insurance coverage — a retirement benefit that has almost disappeared in the private sector. The estimated value of retiree health benefits promised to current and future city government pensioners is now roughly $90 billion, tipping the city’s overall financial balance sheet well into the red. Read More

New York State's largest public pension fund earned 1.91 percent during the quarter ending Dec. 31, state Comptroller Thomas DiNapoli announced today. Meanwhile, the New York State Teachers' Retirement System (NYSTRS) has confirmed its contribution rate will drop for the first time in five years when pension bills for 2015-16 come due in the fall. Neither announcement says much about the long-term future path of taxpayer-funded pension costs in New York, however. Read More

Governor Andrew Cuomo's projection of future "surpluses" rests on the expectation that he "will propose, and negotiate with the Legislature to enact, Budgets that hold State Operating Funds spending growth to 2 percent." But is the governor really living under his own cap? A budget analysis by the state Comptroller Thomas DiNapoli's office suggests, persuasively, that he isn't. Read More

Changes made last year to the Corporation Franchise Tax and Estate Tax codes will help make New York a more attractive and competitive place to live, work and do business. However, there remains much to do. Read More

Better late than never, Governor Andrew Cuomo has exercised a pocket veto of legislation that would have allowed unions representing police and other civil service employees to insist on collective bargaining of disciplinary procedures. The bill was passed at the end of session in June, but wasn't even sent to Cuomo's desk by the Senate until December. That effectively re-started the clock for gubernatorial consideration, making this a measure the governor could kill by not signing it within 30-day period, which just ended. Read More

Governor Andrew Cuomo eliminated funding of new "member item" spending when he took office four years ago—but the Ghost of Pork Barrels Past continues to haunt the state's finances. Each of Cuomo's first four Executive Budget proposals projected the depletion and elimination of what's technically known as the "Community Projects Fund - 007" -- but every year, the enacted budget has restored the money to back up reappropriations of the member item lump sum. Read More

Gov. Cuomo’s combined State of the State message and Executive Budget rollout this week showcased the governor at his best — and worst. Read More