New York State’s political campaign contribution limits automatically are "indexed" to rise with inflation in the years following general elections. But the state's personal income tax brackets, exemptions and standard deductions are not adjusted... Read More
The tenant household income threshold at which a landlord could initiate "luxury decontrol" of a New York City apartment would be raised to $300,000 under rent regulation extender bills passed by the state Assembly yesterday. This is well above... Read More
New York State is among the easiest places in the country to qualify for the federal Social Security Disability Insurance (SSDI) program, the Wall Street Journal reports today. Read More
"NYC Government Workers Paid Less Than Private Sector Peers," is the headline on today's press release from Comptroller John Liu's office. But the truth is actually much more complex and "difficult to generalize," as the study in question acknowledges... Read More
New York motorists afflicted with fuel pump sticker shock might take some consolation from this handy Empire Center Data Bank chart, indicating that the $3.70 average price of regular gasoline in the Empire State is only fifth highest in the country. Read More
Should New York's temporary personal income tax hike on high-income households be extended beyond its scheduled expiration at the end of this year? Former state Assemblyman Richard Brodsky and I took opposite sides on this question in a segment on... Read More
Although his proposed property tax cap will put pressure on counties, municipalities and schools to reduce their costs, Gov. Cuomo has punted the related issue of mandate relief to a "redesign team" comprised of stakeholders including representatives... Read More
States are finding it more difficult to accurately predict their revenues--and "the biggest culprit" is an increasing reliance on personal income taxes, according to a new report from the Pew Center on the States and the Nelson A. Rockefeller Institute... Read More