Tag: Taxes and Spending

Governor Cuomo’s 2014-15 Executive Budget would devote more resources to initiatives described as “tax cuts” than any state budget we’ve seen in quite a few years. This in itself is an encouraging sign of the recognition that New York needs to do more to shed its reputation as a high-cost, high-tax state. Read More

E.J. McMahon, president of the Empire Center for New York State Policy in Albany, said that governors for at least 30 years have used state agencies to fund staff in the executive chamber as a way to conceal the true size of the governor's staff. But having state authorities like NYSERDA, which is funded by utility fees, pay for the governor's staff, is taking that a step further. "I think it's another degree of inappropriateness," McMahon said. "It's just another way of using an authority as a cash cow." Read More

In the eyes of many Broome County residents, nursing homes and transportation services are essential government functions that should remain in public hands. More than 80 people gathered Thursday in the meeting hall at the American Legion Post 80, 75 Main St., Binghamton., to speak out against the possibility of privatizing B.C. Transit or the Willow Point Nursing Home. Read More

High-income New Yorkers are probably the least stable, consistent and reliable segment of the city's income tax base. According to state tax data, there were 49,000 city households with adjusted gross income of more than $500,000 as of 2007. They earned $135 billion that year. Read More

There are budget tricks, and there are budget tricks. Some governors go to enormous lengths and expense to improve the way their finances look. They sell highways or government buildings, delay worker paychecks or tax refunds, or concoct new and costly ways to borrow money. Read More