As shown below, the highest-earning 1 percent of taxpayers (those with incomes above $750,000 or so as of 2007) accounted for nearly 40 percent of New York's total state income tax liability last year -- up from around 27 percent in the mid-1990s. � Read More
Here's some more evidence of how Gov. Cuomo's 29 percent personal income-tax hike for top earners is a risky proposition for New York City. In response to a request from City Councilman James Oddo, the city's Independent Budget Office (IBO) . T Read More
, the Empire Center's senior fellow and frequent blogger on this site, discussed state tax issues Wednesday on YNN's "Capital Tonight" program with Liz Benjamin. Also appearing was Michael Kink, a leading advocate of higher taxes. . Read More
New York doesn't look so hot in the just-released 2011 National Assessment of Education Progress (NAEP) report cards in and , designed to show "what America's students know and can do in various subject areas." Generally, the trending shows impr Read More
New York City public advocate Bill de Blasio thinks they are, at least to some extent. The advocate's office announced yesterday that it was into the amount of time it takes NYC agencies to answer Freedom of Information Law (FOIL) requests. At th Read More
You hear a lot of talk about the panoply of problems facing Wall Street, from the Volcker Rule to derivatives regulations to But here's a simple numbers comparison that points up the challenge for Wall Street (and New York). From the New York Ti Read More
Fitch Ratings, the smallest of the big three credit agencies, has cut the rating on the state-run Metropolitan Transportation Authority (MTA)'s $14.3 billion in debt that is backed by transportation revenues. Fitch dropped the rating from A+ to A. Read More
New York has one of the nation's largest and highest-paid state and local government workforces, according to the latest data. Based on March 2010 payrolls, the average annual salary per full-time equivalent (FTE) employee of state and local gove Read More