The Metropolitan Transportation Authority (MTA) has notified board members that the state-run authority has decided to petition a state judge to vacate state arbitrators' recent to the Transport Workers Union, which called for 11.3 percent raises Read More
Today's WSJÂ that "a stream of hedge-fund managers ... are quitting the U.K." as the nation levies a new tax rate of 51 percent on people earning more than $250,000 annually, starting next April. "We have reached a tipping point, in term Read More
What issue got 2,000 rural upstate New Yorkers fired up enough to rally Sunday (under threatening skies) in opposition to a bill sponsored by who represents many of them in Congress? . Read More
The Paterson Administration is backing off on plans to (finally) start collecting taxes on cigarettes sold by American Indian retailers, the Buffalo News .  This will add $65 million in red ink to The decision drew immediate Read More
S&P has a new report out with some calculations surrounding the MTA's forthcoming 2010-2014 capital plan, . The plan is $28 billion, 20 percent bigger than the program for 2005 through 2009. Of the $28 billion, $9.9 billion -- 35 percent -- Read More
AUTHOR'S NOTE: PLEASE SEE BELOW FOR IMPORTANT CORRECTIONS TO THIS POST IN BOLD. In May, after months of turmoil, Albany agreed to a new package of taxes for the state-run Metropolitan Transportation Authority (MT Read More
Nicole has on the generous contract arbitration award to transit workers.  Her lead sums it up nicely: THE MTA just managed to give away the store in the new Transport Workers Union contract -- and they couldn't have done it without Read More
My in today's New York Post is about the fiscal folly (economics aside) of trying to balance the state budget with higher taxes on a relatively small number of affluent New Yorkers whose incomes and portfolios have dropped sharply in the re Read More