New York State's tax receipts in November were a whopping $800 million above Governor Cuomo's projections for the month—further evidence that the current-year budget gap is probably much smaller than Cuomo has been claiming. Meanwhile, however, Read More
Despite the crushing impact of pandemic restrictions on small businesses throughout New York, the state Labor Department announced late today that it will move forward with a big minimum wage increase scheduled for the end of the month. Read More
The Empire State has long asserted the right to tax nonresidents commuting to work in New York—even when their work is done at home. The payoff for Albany is huge: as of 2018, newly released state data show, nonresidents generated $7.4 billion in New York State personal income taxes, 15 percent of the total. Most of that came from people who were regular commuters before COVID-19 hit. Read More
In the midst of the constitutional showdown over his pandemic policies, Governor Cuomo made changes to a disputed Brooklyn 'cluster zone' that seemed to contradict his own declared guidelines. Read More
Still struggling to recover from spring pandemic shutdowns, now facing due to a second wave of COVID infections, the last thing New York's economy needs is a state-mandated disincentive to put people back to work. Nonetheless, at the worst possib Read More
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