Tag: Andrew Cuomo

However, the Empire Center issued a report saying that most New Yorkers paid a lower federal tax bill because of the rate cut and the increase in the child care credit. Most of the impact was to the top 1% of income earners, who generate 40% of the state’s tax revenue. Read More

A new analysis by the Empire State Center for Public Policy examines how the SAM program funded “pork barrel” capital projects across the state in the past year. Lawmakers have voted every year to authorize raising several hundred million dollars in borrowing for the program. Since the program was established in 2013, more than $2 billion in total public debt has been created. Read More

The balance of unspent money in the Essential Plan Trust Fund ballooned to a new high of $1.2 billion as of March 31, records from the comptroller's office show. The surplus more than tripled since the same time last year – even as the Trump administration disrupted federal aid for the program, which provides health coverage to low-income New Yorkers, and the Cuomo administration diverted $635 million in Essential Plan funds to subsidize struggling hospitals. Read More

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Empire Center for Public Policy
30 South Pearl St.
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Albany, NY 12207

Phone: 518-434-3100
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E-Mail: info@empirecenter.org

About

The Empire Center is an independent, non-partisan, non-profit think tank located in Albany, New York. Our mission is to make New York a better place to live and work by promoting public policy reforms grounded in free-market principles, personal responsibility, and the ideals of effective and accountable government.