New York politicians should heed the message of this week's Wisconsin recall election: You can defy the public-sector labor machine and live to tell the tale. Read More
Tag: Taxes and Spending
The small Hudson Valley city of Poughkeepsie is now home to some of the best-paying summer jobs ever: $51.71 an hour. That’s right: $51.71 an hour. Read More
Sometime this summer, Gov. Andrew M. Cuomo will perform the financial equivalent of pulling a rabbit out of his hat -- explaining how a cash-poor, heavily indebted state government (and its Thruway Authority, whose credit rating outlook was just downgraded to "negative") will come up with $5 billion to $6 billion to build a new bridge across the widest stretch of the lower Hudson River. Read More
A task force co-chaired by former New York Lt. Gov. Richard Ravitch this week reached an "unambiguous" conclusion about the fiscal stresses on state governments: "The basic problem is not cyclical. It is structural." Read More
The Obama administration quietly issued a new waiver last month that allows states to change the rules of how success is measured in welfare reform. Read More
New York taxpayers spend billions of dollars a year on health insurance coverage for retired state and local government employees, many of whom are too young to be eligible for Medicare. But the mounting “pay-as-you-go” bill for retiree healthcare is just the tip of a much larger iceberg. Read More
In his controversial "47 percent" remarks, Mitt Romney nailed one fact: Nearly half of Americans do not pay income tax. Read More
So it’s unanimous: All five of the leading prospective Democratic candidates for mayor are now on record in support of raising New York City’s top income tax rate. Read More