Tag: Taxes and Spending

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

Advocates of a continue to attempt to mislead the public about who pays how much of the current state income tax. Read More

In her state of the city address, City Council Speaker Christine Quinn just proposed a 15 to 26 percent hike in the city's income-tax rate for mid-six-figure earners and above. Together with a , the idea would bring New York City's top rate to nearl Read More

Just in time to further debunk claims that the wealthy don't pay their "fair share" of New York State taxes, the Assembly Majority Ways and Means staff has issued a pessimistic new assessment of the economic outlook ("bleak") and revenue forecast (si Read More

Over at , Larry Littlefield has posted a of "the issue no one wants to talk about" — i.e., the extent to which state and federal tax policies favor the old over the young. Read More

The has issued a new study documenting the continued flight of the middle-class from New York City.  offers valuable data, insights and anecdotes.  But, in something of a CUF tradition, it strives mightily to downplay the role of taxes in creatin Read More

E.J. testified before Albany's Joint Legislative Fiscal Committees today. One tidbit illustrates the Empire State's acute dependence on Wall Street: Just how dependent on Wall Street had we become?  Consider this: in 2006, auto manufact Read More

Mayor Bloomberg announced his budget this afternoon for the fiscal year that starts in July. The mayor expects that a combination of federal stimulus, state funds, tax hikes, spending cuts, and labor givebacks will close a $4 billion budget gap tha Read More