New York scores a mediocre number 36 on Based on 40 measures of competitiveness grouped into 10 categories, the Empire State ranked dead last in "Cost of Business" and "Workforce," the latter apparently weighted heavily by New York's high unionizatio Read More
Tag: Economy
New York experienced one of the biggest declines in tax revenues of any state during the first quarter of 2009, when the overall plunge in state tax collections was the worst on record, according to from the . Read More
The fall in New York State tax revenues over the past year has been concentrated among wealthy taxpayers, indicates. 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
The has issued a new study documenting the continued flight of the middle-class from New York City. offers valuable data, insights and anecdotes. But, in something of a CUF tradition, it strives mightily to downplay the role of taxes in creatin Read More
Today's on the lessons that America can draw from Japan's experience in investing in public works as economic stimulus made some good points. However, some of the numbers the article cites -- on which kind of public investments deliver the great Read More
E.J. testified before Albany's Joint Legislative Fiscal Committees today. One tidbit illustrates the Empire State's acute dependence on Wall Street: Just how dependent on Wall Street had we become? Consider this: in 2006, auto manufact Read More
Mayor Bloomberg announced his budget this afternoon for the fiscal year that starts in July. The mayor expects that a combination of federal stimulus, state funds, tax hikes, spending cuts, and labor givebacks will close a $4 billion budget gap tha Read More