New York's newly enacted budget calls for the biggest state spending increase in 33 years without even including legislative additions blocked on constitutional grounds by Governor George Pataki. Read More
Tag: Taxes and Spending
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
In response to the Occupy Wall Street protest, a pair of Democratic state lawmakers from New York City is repeating some flagrantly inaccurate data about taxes in New York State. In an at Huffington Post, Senator Daniel Squadron of Brooklyn Read More
As expected, President Obama's calls for a return to pre-2001 income tax rates and new limits on itemized deductions for filers with incomes starting as low as $200,000 -- essentially the same thing the president proposed two years ago. [caption Read More
When New York State's first-quarter tax receipts came in nearly $800 million above the 2011-12 financial plan forecast last week, I that the anemic 1 percent year-to-year quarterly growth in personal income tax (PIT) withholding payments was "ground Read More
New York State's 2010-11 2011-12 fiscal year appears to be off to a good start. Tax collections for the first quarter of the year were nearly $800 million above Governor Andrew Cuomo's initial budget projections, according to the June cash report posted today by state Comptroller Thomas DiNapoli. Read More