As Governor Hochul and legislative leaders rush to finalize the overdue state budget, outlines of some healthcare-related deals have begun to emerge from the closed-door negotiations. Read More
Tag: taxes
Testimony of Zilvinas Silenas President, Empire Center for Public Policy Before the Joint Legislative Fiscal Committees, on FY 2027 New York State Executive Budget Revenue Article VII Legisl Read More
The Hochul administration's proposed "MCO tax" would generate far less than the $4 billion in extra federal aid anticipated by state lawmakers when they approved the concept this spring, according to documents obtained Read More
The newly enacted state budget imposes a multibillion-dollar tax on health insurance without specifying who must pay how much – leaving those basic details to be decided later by the health commissioner in negotiatio Read More
New York socialists calling for higher taxes aim to spread the tax net far beyond Wall Street, scooping up folks on Main Street—especially in the suburbs. Bemoaning “violent budget cuts” at New York City agencies, Rep. Alexandria Ocasio-Cort Read More
“We will not be raising income taxes this year,” Gov. Hochul declared in January at the opening of New York’s 2023 legislative session. Read More
At a panel event in Albany being hosted by the tomorrow morning, The Empire Center’s EJ McMahon and other budget experts and observers will discuss the timely topic of state budget process reform. Read More
New York’s property tax rates are generally among the highest in the nation. Specific property tax burdens vary widely throughout the state. Read More