From 1940 to 1963, the top marginal income tax rate in America was between 81% and 91%. Today's federal rates on even the highest earners are much lower. However, with the help of state and local governments, high-income investors can end up forfeiti Read More
Amid a budget crisis and threats of a shutdown, the state government has found cash recently for a festival in Suffern, audiovisual gear in Ardsley and a teen center at the White Plains Public Library. While the state has issued weekly emergency-s Read More
New York spent $17,173 per student for public education in 2007-08, more than any other state and 67 percent higher than the national average, according to Census Bureau statistics released Monday. The $10,259 average nationally was a 6.1 percent Read More
The state’s plan to borrow from the pension fund is potentially growing by billions of dollars. About two weeks ago, Gov. David A. Paterson and lawmakers reached a tentative agreement to allow the state and municipalities to borrow $6 billion fr Read More
Andrew Cuomo is not pulling any punches. His criticism of state legislative leaders seemingly grows louder by the day. And while he didn’t mention any leaders by name Tuesday, it’s clear how he feels about their failure to enact a budget. "Whe Read More
Somewhere in the fray of year-end business, the state Legislature needs to pass a modest bill that would serve each lawmaker’s constituents and the public interest. It also would help restore a little of the Legislature’s reputation supporting op Read More