The Tax Foundation is out with a new report today, which found that nationally the combined state and local tax burden... Read More
Tag: New York State
The Post has a good editorial today on Mayor Bloomberg's plan to cut pension costs by taking away a "bonus" check from uniformed workers who have already retired: [W]hile the mayor has standing to ask for relief, the notion is fanciful... Read More
From the "Economic and Revenue Outlook" volume of the 2011-12 Executive Budget, here's the table showing the distribution of state personal income tax liability and adjusted gross income. Read More
The Judiciary isn't playing ball with Gov. Cuomo's efforts to reduce the state budget, as I point out in the New York Post today. A person who has reviewed the budget proposal by the Office for Court Administration (OCA) emails this follow-up... Read More
In the publishing business, the annotation "TK" is used in manuscripts to indicate some important piece of information is "to come." Gov. Andrew Cuomo's 2011-12 Executive Budget is a book draft with an impressive cover and a promising theme... Read More
Today's NY1/YNN-Marist Poll of New York voter attitudes on state budget issues may set a new benchmark for complete disregard of a key policy detail, resulting in at least one finding that is essentially worthless. Here's how the Marist pollsters framed the question... Read More
Governor Paterson has sent the Legislature a chapter amendment that would delete a proposed new hedge fund tax from the state's pending 2010-11 revenue bill. By approving the chapter amendment, which is expected to happen today, the state Assembly... Read More
Governor Paterson has dropped a proposal to impose New York State's personal income tax on the interest income of non-resident hedge fund managers from his latest preferred list of revenue-raisers to help pay for the 2010-11 budget appropriations... Read More