High taxes are the top reason New Yorkers are considering or making plans to move out of the state, according to a new Zogby poll. Read More
Tag: Taxes and Spending
Proponents of “single payer” health care are pushing New Yorkers to take a multi-billion-dollar leap of faith. Read More
New York State residents pay some of the highest local taxes in the nation. Read More
Presented to the Joint Legislative Fiscal Committees February 16, 2022 Governor Hochul’s budget plan is buoyed by a revenue surge attributable Read More
The Empire Center for Public Policy offered the following reactions to Governor Hochul’s first State of the State address. Read More
New York taxpayers have been hit with enormous increases in pension costs for state and local government employees over the past 20 years. From less than $1 billion in 2000, combined annual employer contributions to the Empire State’s public pension funds escalated to nearly $10 billion by 2010, peaking at nearly $17 billion in 2015. Contributions have leveled off at roughly $16 billion in recent years—but under lenient government accounting standards, even that figure conceals the full long-term cost of generous, locked-in pension benefits for generations of retired government employees. Read More
A new Empire Center report reveals that the New York Medicaid program now covers more individuals above the poverty line than below it. Read More
Local governments across every region of the state raked in robust sales tax collections during the three months that ended on June 30th Read More