E.J. McMahon, research director at the Empire Center for Public Policy, joined Poozer Politics to offer an introductory seminar on borrowing in New York. Read More
Category: Media Coverage
“This has been a trend in the city payroll. We need to ask why is this happening and get an answer,” said Empire Center Executive Director, Tim Hoefer, “New York City residents need to say we have to stop this.” Read More
Nearly two-thirds of New York city firefighters and officers who retired last year are collecting pensions of more than $100,000 — in a system that is underfunded, according to a report released Thursday. Read More
FDNY firefighters pension payouts have cooled off a bit over the last year — but the fund’s long term prognosis is still shaky, according to a report released Thursday. Read More
New York continues to lead all other states in education spending per student, and the gap is rising, according to a recent report by the fiscally conservative and widely respected Empire Center for Public Policy. Per-pupil spending in our state is $21,206 — 86 percent above the U.S. average. As proud as we may be of New York’s quality of education, it isn’t 86 percent better than the U.S. average. It’s hard to argue we’re getting our money’s worth, and that isn’t fair to taxpayers, especially since many of them don’t even use school services. Read More
OT made up 10 to 23 percent of the payroll of many city agencies, according to an analysis by the Empire Center for Public Policy, a government watchdog. Read More
New York City is among the highest-taxed cities in the U.S. The combined federal, state and local income-tax rate for individual filers making $1 million or more in New York City is 48.25% when taking into account deductions, said E.J. McMahon, founder and research director of the Empire Center for Public Policy, a think tank based in Albany, N.Y. That rate, which doesn't include health care or Social Security taxes, would increase to about 48.57% under Mr. de Blasio's proposal. Read More
New York remains a leader when it comes to education spending. A report released by the Empire Center found the state spends more than $20,000 per student, nearly twice the national average. Read More