The prospect of a 70 percent top federal income tax rate, floated by newly elected Rep. Alexandria Ocasio-Cortez on “60 Minutes” over the weekend, struck a nerve across the political spectrum. But Albany Democrats should think twice before cheering her on — because New York, in particular, would have a lot to lose from a return to confiscatory federal taxes on higher earners. Read More
Getting a jump on the arrival of the Democrats’ big new Senate majority in Albany, Gov. Andrew Cuomo this week delivered a preview of his annual State of the State Address. He used it to remind his fellow Democrats of the many areas where they agree — but also to draw a few lines he won’t cross. Read More
It’s hard to take Medicare for All seriously when its proponents keep saying deeply unserious things. The latest case in point comes from Rep.-elect Alexandria Ocasio-Cortez, the progressive firebrand from the Bronx. Read More
Urban progressives took over the New York state Senate in November, but the body’s biggest swing group will be suburban Democrats. These Democrats will need to prove themselves to their voters, many of them homeowners in places like Long Island and Westchester. The most valuable deliverable for the nascent suburban caucus will be a permanent extension of Gov. Cuomo’s property-tax cap. Read More
The state-city deal to bring one of Amazon’s two new headquarters to Long Island City might at least have provided New York City with another big benefit—a much-needed model of advanced, efficient building practices. After all, Amazon isn’t just a big corporation: It’s widely admired as a global leader in technological innovation. Instead, it appears the deal will ensure that Amazon is saddled with the same arcane and outmoded construction-union work rules and compensation levels that have saddled New York City with the nation’s highest urban construction costs. Read More
The debate about a proposed single-payer health plan for New York State has mostly focused on its potential cost. But far less attention has been paid to the radical impact it may have on hospitals and physicians across the state. Read More
Gov. Andrew Cuomo’s effort to campaign for re-election as a master builder of new infrastructure has been undermined by headlines about New York City’s crumbling subway system. Meanwhile, much less public and political attention is being paid to his management of another major transportation asset: the New York state highway system. Read More
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