President Obama said that his move on Wednesday to impose a salary cap of $500,000 for top executives at companies that receive the largest amounts of federal bailout money was “basic common sense.” The Treasury Department said the new set of gui Read More
The Pittsford center entrance colonial has a formal two-story foyer, a den that could double as a bedroom, and a first-floor laundry - that's an essential according to realtor Heather Affronti. Affronti is a 21-year veteran of the Roches Read More
New York state’s highest earning taxpayers would pay thousands of dollars more in income taxes under a proposed bill that sponsors say would raise $6.2 billion and help ease a $13 billion deficit next year. The measure’s sponsor, Manhattan Dem Read More
In 1998, New York spent about $3.4 billion on pensions for state and local government workers. A decade later, that figure had ballooned to nearly $7 billion, a jump of more than 100 percent, according to the state comptroller. State taxpayers foo Read More
No matter how much money the federal stimulus plan funnels to New York, politicians in Albany will face a hole in the state budget that will exceed $10 billion. Many of them believe they can fill the gap with higher taxes, especially on those they la Read More
The federal stimulus package has been hailed as this generation's New Deal, a program that will 'save or create' 3.5 million jobs nationwide. But New York's share of the money will largely go toward plugging gaping holes in the state and city budgets Read More
Lower Hudson Valley taxpayers will shell out millions of dollars in salaries this year for public sector retirees who continue to collect state pensions despite taking new government and education jobs. The double dippers include a Westchester sch Read More
Gov. David Paterson has said that he will not consider raising taxes on the wealthy to help plug the state’s budget gap... Read More