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

New York’s new “stable option” pension gimmick for local governments and school districts is “a stopgap with long-term risks,” Moody’s Investor Service warned this week. Read More

The Tax Foundation has posted a nifty interactive map depicting “Migration of Personal Income” among the states. Based on Internal Revenue Service (IRS) data, the foundation says net migration from New York between 2000 and 2010 translated into a net loss of $45.6 billion of income. Read More

Following through on Speaker Silver’s promise earlier this month, the Assembly is reportedly about to introduce a bill raising the minimum wage from $7.25 to $8.50 an hour, with automatic increases thereafter in line with the cost of living. As we’ve noted here before, this is a swell way to reduce job opportunities for low-skilled, entry-level workers — and it’s not a very effective way of helping the working poor, either. Read More

Mayor Michael Bloomberg has joined Assembly Speaker Sheldon Silver in advocating an increase in the state minimum wage. Unlike Silver, Bloomberg in his State of the City message was at least willing to acknowledge that the minimum wage discourages hiring–specifically, that it “can reduce youth employment.” His solution? Read More

Syracuse Mayor Stephanie Miner has drawn attention for a New York Times op-ed criticizing Governor Cuomo’s failure to deliver meaningful mandate relief to troubled localities. The mayor, who is also co-chair of the state Democratic Committee, challenged Cuomo to “use his substantial, hard-earned political capital to convene the Legislature, the state comptroller, and union and business leaders for an honest conversation about the multiple fiscal pressures confronting our cities.” Read More

“First get your facts,” Mark Twain once said, “and then you can distort them as much as you please.” Following Twain’s advice, State Sen. Daniel Squadron (D-Brooklyn) and Assemblyman Rory Lancman (D-Queens) have unleashed a fresh set of purported “facts” about New York taxes, in response to my criticism last week of their call for higher state income taxes on households earning more than $1 million a year. Read More

State Comptroller Thomas DiNapoli appeared at the New School in Manhattan last night to present what his office billed as “A Vision for the Future of Retirement Security in New York. Read More

New York ranks number-one in the Tax Foundation’s latest annual ranking of combined state and local tax burdens, released this morning. As of 2011, the combined per-capita tax burden on New Yorkers came to 12.6 percent of per-capita state income, the report said. The national average was 9.8 percent. Read More