Tag: Taxes and Spending
Gov. Cuomo's tax-hike package -- according to him -- is an "extraordinary benefit to the state ... that the state desperately, desperately needs to help turn around this economy." E.J.'s been covering all the reasons why and turn around "this eco Read More
E.J. McMahon of the Empire Center on a segment of NY1's "Inside City Hall" last night. E.J. began by informing moderator Errol Lewis that Governor Cuomo's with the Legislature involves a significant tax increase, not a tax cut. Read More
In delivering on Speaker Sheldon Silver's session-opening pledge to eliminate taxes on New Yorkers earning less than $30,000, Assembly Democrats have come up with a scheme that would make proud. Keep in mind the households in question already pay Read More
In addition to , Speaker Sheldon Silver this week that the Assembly will seek to reduce state taxes on the working poor. Specifically, Silver said: Under our plan, working families who earn less than $30,000 annually will see their inco Read More
A new to promote employment for unemployed inner-city youth was part of this week’s tax increase deal between Governor Cuomo and the Legislature. Like the rest of Wednesday’s legislative package, the youth employment Read More
In recent months, states and cities have lobbied for their piece of the bailout pie. Among other requests, they've asked the federal government to support municipal bond markets by directly buying municipal bonds through the new programs that the Tr Read More
The analysts at Municipal Market Advisors think that should Sen. Barack Obama win tonight, President Obama's planned income-tax hike on individual households earning over $250k could push up demand for tax-exempt municipal bonds. Read More