The collapse of New York's effort to lure Amazon's "second headquarters" to Queens with more than $3 billion in city and state incentives sheds fresh light on a bigger, ongoing corporate subsidy—New York State's Film and TV Production Credit. Read More
As the budget process moves into higher gear, Governor Cuomo's "serious as a heart attack" revenue shortfall has turned into something more like angina—but financial risks are mounting along with projected future budget gaps. Read More
Government unions aren’t letting the facts get in the way of their opposition to Governor Andrew Cuomo’s push for a permanent property tax cap. Testifying in Albany this month on Cuomo’s FY20 Executive Budget, union leaders made a number of misrepresentations regarding the cap, which since 2011 has slowed the growth of property taxes outside New York City. Read More
New revisions to a proposed single-payer health plan for New York State would add tens of billions dollars to the already enormous price tag – and further hinder the state's ability to control costs going forward. Read More
Governor Cuomo has announced he's flying to Washington on Tuesday to meet with President Trump to discuss the impact on New York of the state and local tax (SALT) deduction cap in the new federal tax law. Spoiler Alert: even assuming Trump is uncharacteristically thick-skinned in the face of Cuomo's harsh unrelenting political attacks, the SALT cap isn't going anywhere. Read More
Governor Andrew Cuomo on Friday laid down an important marker in his push to make the property tax cap permanent, rejecting changes that would weaken it. Read More
Obamacare enrollment is rising in New York – an exception to the national trend – but not by as much as state officials are implying. Read More
State Sen. Julia Salazar, a democratic socialist from Brooklyn, is backing an idea that could appeal to limited-government conservatives across New York. The first-term legislator has introduced legislation (S.3061) establishing a multi-state compact that would bar member states from offering any "company-specific subsidy." Read More