Tag: Taxes and Spending

As part of his plan for allocating $5.4 billion in one-shot windfall funds, Governor Cuomo wants to spend $500 million to expand the availability and capacity of broadband Internet access across New York. But given pressing traditional infrastructure needs, should broadband rate a high priority? Do we really need it? The governor's case, on closer inspection, is less than compelling. Read More

A little-noticed section of Governor Cuomo’s State of the State “Opportunity Agenda” calls for investing another $100 million in state money in startup companies—even as federal auditors probe Innovate NY, the state’s original dalliance with venture capital (VC). Read More

The city’s elevator repair bills are going through the roof. Each of the 3,330 elevators in the city’s housing projects goes out of service an average of once a month, officials said. Elevator failures and shutdowns for maintenance — along with huge raises for elevator mechanics — have caused costs to skyrocket. Read More

Changes made last year to the Corporation Franchise Tax and Estate Tax codes will help make New York a more attractive and competitive place to live, work and do business. However, there remains much to do. Read More