Nearly a full month after the Legislature’s adoption of the 2009-10 state budget, Governor David Paterson’s Division of the Budget (DOB) today issued its since January. The bottom line: New York State’s long-term financial outlook has signif Read More
With enactment of the 2009-10 New York State budget, "New York will leapfrog New Jersey to claim the mantle of America's worst tax code for business." Read More
How big is the spending increase in the newly adopted New York State budget? How does it compare to previous spending trends? One of the many glaring shortcomings of the state budget process is that it is not possible to answer such questions w Read More
[See update at end of item.] Buried in one of the now pending in Albany is what looks like a $1 billion federal stimulus aid slush fund, which could be "suballocated" by the governor to "to any state department, agency or public authorit Read More
Macquarie Infrastructure Group, partner in the long-term Indiana Toll Road "public-private partnership," . The document illustrates how much riskier the market perceives such deals to be. The details once again point up the fact, then, that such lo Read More
In her state of the city address, City Council Speaker Christine Quinn just proposed a 15 to 26 percent hike in the city's income-tax rate for mid-six-figure earners and above. Together with a , the idea would bring New York City's top rate to nearl Read More
Just in time to further debunk claims that the wealthy don't pay their "fair share" of New York State taxes, the Assembly Majority Ways and Means staff has issued a pessimistic new assessment of the economic outlook ("bleak") and revenue forecast (si Read More
Gotham Gazette has launched a new game: "." It presents almost infinite choices on how to cut city spending, as well as every politician's favorite proposed tax hike and how much money it could raise or not. The game is useful not only for the pure f Read More