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
Tag: Taxes and Spending
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
The Tax Foundation is out with a new report today, which found that nationally the combined state and local tax burden... Read More
New York State United Teachers (NYSUT) has produced a new TV commercial blaming proposed state budget cuts on "tax breaks for millionaires." In fact, the proposed 2011-12 state budget includes $3.8 billion in projected revenue from the third and final year... Read More
Add the Bethlehem Central School District to the small, but growing, list of public entities taking action to bring spending in line with economic reality. Officials of the Albany area school district that they had implemented a voluntary sala 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
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
Don't look now, but the feds are dropping more cash from helicopters -- and the Empire State is already grabbing a big handful. HHS Secretary Kathleen Sibelius announced yesterday that 2,000 employers throughout the country had applied for a piece... Read More
