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

President Obama’s proposed cap on itemized federal income tax deductions for state and local taxes would cost New York residents $3.8 billion a year, according to a report released by Governor Cuomo’s office today. However, you’ll have to dig a little to find that number: Obama isn’t mentioned until page 11 of the 26-page document. Read More

Mayoral candidate Bill de Blasio’s “big, bold” proposal to hike the marginal income tax rate in New York City has smoked out Governor Andrew Cuomo’s now-you-see-it, now-you-don’t supply side. Read More

Governor Andrew Cuomo has little hope of closing the state’s projected budget gaps over the next few years if he doesn’t continue to clamp a tight lid on state operations costs — and to that end, he’s pushing for the closure and consolidation of more state prisons and institutions for the mentally ill and developmentally disabled. Read More

Governor Andrew Cuomo has pulled the teeth out of his original proposal to reform the binding arbitration law for police and fire contract disputes, squandering an opportunity to deliver on a key mandate relief priority for many municipalities. Read More

In a just-completed radio interview, Governor Andrew Cuomo talked a little more about his State of the State announcement last week concerning a proposed new convention center at Aqueduct Raceway in Queens. But Cuomo’s answers raised a few other questions. Read More

The Wall Street bonus pool for 2012 expanded by 8 percent, but remains well below the peak levels of a few years ago, according to a release today by state Comptroller Thomas DiNapoli. Read More

It was Mark Twain who supposedly said “no man’s property is safe when Congress is in session” — a concept that a surely extends to the New York State Legislature as well. In that spirit, here’s something to celebrate on the Fourth of July: the Legislature not only left Albany on schedule June 21, it passed fewer bills this year than in any regular session since 1914, according to an analysis by New York Public Interest Research Group. Read More

New York residents will pay almost $90 billion in added taxes over the next two years if the federal government plunges over its fiscal “cliff” with no changes to current law, according to a timely report issued last week by Comptroller Thomas DiNapoli. The scheduled tax changes outweigh the impact of scheduled “sequestration” cuts to federal spending, which would cost the state and local governments $5 billion over the next nine years, including a $600 million hit to the state budget in fiscal 2013. Read More