Tag: Taxes and Spending

The pork may be returning to the state budget. State lawmakers and Gov. Andrew Cuomo quietly have stashed away $1.2 billion for pet projects, and they are starting to spend it: about $187 million for 588 projects across New York, a report from the Empire Center, a watchdog group in Albany found. Read More

Gov. Cuomo’s payment of $16 million to keep CBS’s “The Late Show” in New York, when there was zero real threat of it leaving, is the kind of boondoggle Stephen Colbert might mock in his monologue — if he weren’t the one cashing the check. But that gratuitous giveaway of tax dollars, announced last year, turns out to have been the tip of a very big and ugly iceberg. Read More

Eighteen school districts sought to override the state's property tax cap in yesterday's school budget votes—the fewest attempts since the tax cap was enacted. Seven of those districts failed to win the 60 percent supermajority required to override the cap. Read More

A trove of purloined emails detailing how Sony Pictures Entertainment executives poured money into Gov. Andrew Cuomo's campaign coffers after the state acted on a $26 million payout to the company has reignited criticism of New York's Film Tax Credit Program. Read More