Category: Commentary

Now that they control both houses of the New York State Legislature, Democrats in Albany are reportedly preparing to raise the state income tax on high-income New Yorkers to help plug a $15 billion budget gap. Read More

THE House of Representatives this week is expected to pass a federal stimulus package that could pump at least $17 billion of noncapital funding directly into New York's state and local government coffers over the next two years. Read More

Education advocates in the Hudson Valley and throughout New York state are predicting thousands of teachers and aides will lose their jobs if the Legislature adopts Gov. David Paterson's proposed school-aid cuts for the coming year. Read More

New York's public employee unions are spearheading a campaign to raise state income taxes on the wealthiest households as an alternative to Gov. David Paterson's proposed budget cuts. Read More

Governor David Paterson is being pressured by some of his fellow Democrats to raise income taxes on the wealthiest households in response to New York States $13 billion state budget gap. Read More

You know New York is in real trouble when it needs an economic reality check from the ex-KGB hood who rules Russia. Read More

GOV. Paterson and state legis lative leaders announced yesterday that they've agreed to use most of New York's unfettered federal stimulus money to restore spending to the governor's budget and to avoid any further spending cuts. Read More

The financial meltdown will have enormous consequences for taxpayers across the country -- but nowhere more so than in New York. That's because the Empire State has become excessively dependent on tax revenues generated by a Wall Street that no longer exists. Read More