"Voters Back Millionaire's Tax 4-1" is how the Quinnipiac poll is rushing out news in respect of its finding on the scheme of the Assembly in Albany to raise taxes on the highest-earning New Yorkers. "Remember that old verse: 'Don't tax you; don't ta Read More
The recent pummeling of Wall Street and the grim economic outlook are raising concerns at City Hall and in Albany that lawmakers will have to deepen budget cuts or raise taxes to cushion an anticipated blow to city and state finances. Budget watch Read More
The proposed tax hike on cigarettes in the state budget would create a "black market gold mine" for smugglers and force New York smokers to pay the highest taxes in the nation, experts warn. Facing a $5 billion budget gap, state lawmakers see doub Read More
In his rush to finish the state budget kinda-sorta-almost on time, Gov. Paterson is giving away the store. Caving to pressure from special interests and their allies in the Legislature, the newbie governor is allowing spending to balloon at twice Read More
ALBANY - Lawmakers whiffed Monday night in their attempt to pass an on-time state budget, but appeared poised to ink a $124 billion spending plan later this week. Senate GOP leader Joe Bruno was optimistic a final deal will be sealed by Friday. Fi Read More
ALBANY - Lawmakers have agreed to spend $1.4 million to fund the lieutenant governor's office for the next 12 months - even though it's vacant. "They are funding empty juvenile detention centers and half-empty prisons, so why not fund an empty lie Read More
COLONIE - To cap or not to cap. That will be one of the biggest decisions that a property tax study commission headed by former gubernatorial candidate and Nassau County Executive Tom Suozzi makes next month. And the battle lines on that issue are st Read More
ALBANY — The State Legislature approved a $122 billion budget on Wednesday, increasing spending by nearly 5 percent despite warnings that the weakening New York economy will leave the state unable to afford the expansion.The increase come Read More