Average per-pupil spending under proposed 2014-15 school budgets will increase by 3.2 percent, more than one-and-a-half times the 1.9 percent projected inflation rate, according to analysis issued today by the Empire Center for Public Policy. Read More
Kathy Miller and her family moved to New York from Pennsylvania. She said they discovered that just about everything here is more expensive. "Income tax is the biggest," said Miller, of Ballston Lake. "It's double here than it is in Pennsylvania. Property taxes, school taxes, groceries, gas, even our car insurance is more in New York State." Read More
New York City’s 1 percent are paying a much larger share of the city’s income tax than the wealthiest 1 percent nationally are coughing up to Washington, data released Monday reveal. Read More
The conservative Tax Foundation that has hammered New York's business climate and typically ranks it last in the nation had positive marks for the budget deal that includes cuts in corporate taxes. Read More
The Tax Foundation, which ranked New York dead last on its latest annual State Business Tax Climate Index, today issued a highly complimentary analysis of the corporate tax reduction and reforms enacted as part of 2014-15 New York State budget... Read More
New York has earned a poor grade on yet another ranking of state tax climates — this one issued by the Small Business & Entrepreneurship (SBE) Council, a research and advocacy group based in Virginia... Read More
New York State’s relative economic performance wasn’t so hot in the recent past — but its outlook for the future is worse, according to the just-released 7th Annual Rich States, Poor States report, an economic competitiveness index produced by the American Legislative Exchange Council (ALEC). Read More
By midnight on April 15, more than 8.5 million personal income tax returns for 2013 will have been filed with the New York State Department of Taxation and Finance. Roughly one-third of those filers will owe nothing, and big chunk of total PIT receipts will come from a tiny fraction of high-income taxpayers. Read More