Yesterday's Times that Speaker Sheldon Silver has reintroduced the "millionaire tax" as a standalone bill may qualify as the dog-bites-man, non-news story of the year from the State Capitol.Silver and his conference already voted in favor o Read More
Daily News columnist Juan Gonzalez has about the $237 million in tax-exempt debt behind the overly luxurious parking "system" near Yankee Stadium in the Bronx: If [the garage defaults], the Bloomberg administration faces th Read More
What would "truly transformational" public pension reform look like in New York? E.J. McMahon answers the question in in today's New York Post. The key, E.J. argues, is to replace the traditional defined-benefit (DB) pension with a def Read More
The MTA has that illustrates how much bridge and tunnel tolls have outpaced inflation over the past four decades. Cash tolls today on four major crossings -- the RFK Bridge (which is really the Triborough Bridge), the Bronx-Whitestone Bridge, the Read More
The and Albany both report today that Governor Andrew Cuomo's proposed public pension changes may include an optional defined-contribution retirement plan. (See Update below.) Read More
Governor Andrew Cuomo is proposing a new pension "tier" that would raise retirement ages, reduce benefit levels, eliminate overtime spiking and increase employee contributions for state and local workers outside New York City, the Associated Press Read More
The Empire State is next to last -- just above California -- in a new ranking by corporate chief executive officers of "Best and Worst States for Business." Read More
Nicole has an op-ed in today's New York Post exploring the fiscal and economic implications of the agenda being pushed by the union-led "May 12 Coalition," which is sponsoring a big demonstration in Manhattan today to demand big increases in state and city taxes. Read More