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Healthcare Highlights in the New State Budget

Governor Hochul's focus on affordability seems to have skipped over the healthcare portions of the new state budget. The deal finalized May 27 Read More

Four Problems with a Statewide Pied-à-Terre Tax

Soon after Governor Hochul floated the idea of a "pied-à-terre" tax in New York City, Albany Sen. Patricia Fahy  proposed to expand the concept to the rest of the state. As with H Read More

Albany Should Listen to Jamie Dimon

In his annual message to shareholders, JP Morgan Chase's chief executive, Jamie Dimon, offered a timely and pointed warning for New York policymakers. It's worth , with emphasis add Read More

Mamdani Gets an Important Tax Fact Wrong

At a hearing in Albany last week, New York City Mayor Zohran Mamdani lobbied state lawmakers to help him balance the city's finances with a two-percentage-point hike in the city's income tax on people making over $1 million Read More

Budget Update Paints Less Alarming Picture of Federal Health Cuts

A new fiscal report from the state Budget Division suggests federal funding cuts will hit New York's health-care budget less severely than officials have previously warned. A relea Read More

Parsing the Impact of Mamdani’s Tax Hike Plans

The front-running candidate for New York City mayor, Zohran Mamdani, has said he can finance his costly campaign promises – including free buses and universal child care – by taxing only a sliver of the city's residents Read More

Why New York’s Health Premiums Keep Going Up

New Yorkers continue to face some of the costliest health premiums in the U.S., and the insurance industry's recently finalized rate applications shed light on why that is. In summa Read More

How Immigrants Became a Cash Cow for New York’s Essential Plan

The Hochul administration's move to shrink the Essential Plan in response to federal budget cuts has exposed a surprising reality: For the past decade, immigrants have been a cash c Read More