New York's state tax base would take another huge hit under over the next 10 years. Our on the tax plans of the presidential candidates explained that changes in federal tax rates have a direct impact on the income tax revenues of New York State Read More
While it began under bizarre circumstances, the current (apparent, informal) 31-31 deadlock over who should control the New York State Senate is not unprecedented. Elsewhere around the country, there have been 38 other instances since 1966--includi Read More
If the Republican leaders of the newly reconstituted state Senate majority really intend to press for property tax relief before the end of session, they should start by reviving the school property tax cap. But they should ignore the latest version of the tax cap sent up to the Legislature by Governor David Paterson. The governor's new program bill includes a gigantic carve-out for teacher retirement costs, which over the next few years will be skyrocketing. Read More
Following in the footsteps of the owners of a small Buffalo area company have announced that New York State's income tax hike is prompting them to move to Florida -- except, unlike Golisano, they are also taking their entire company with them. Read More
The fall in New York State tax revenues over the past year has been concentrated among wealthy taxpayers, indicates. Read More
Well, what do you know? Barely a month after its enactment, New York State's biggest income tax hike since 1961 has already driven away one of the Empire State's wealthiest and most productive residents. Make that former Read More
JetBlue, which employs 800 people at its Queens headquarters, might move the facility out of state in two and a half years to escape New York's high cost of doing business, the Daily News . Read More
With enactment of the 2009-10 New York State budget, "New York will leapfrog New Jersey to claim the mantle of America's worst tax code for business." Read More