Many if not most New York City teachers will continue receiving automatic longevity pay increases despite Mayor Michael Bloomberg's announcement today that he will "eliminate raises" for them in the next budget. In fact, as illustrated... Read More
Tag: Unions
That's the provocative title of a Working Paper newly posted on the website of the National Bureau of Economic Research (NBER). The answer, in a word, is "yes." The co-authors of the paper, which focuses on strikes by nurses in New York between 1984... Read More
From the folks who brought you New York's "millionaire tax," it's ... another millionaire tax. And a stock transfer tax. And a 50 percent Is this a great state, or what? Read More
Employee compensation in the state and local government sector increased at twice the private-sector rate during the 12 months ending in December, according by the federal Bureau of Labor Statistics. Read More
New York is running out of cash, Comptroller Thomas DiNapoli today. The situation would be worse if Governor Paterson had not , prompting the New York State United Teachers union to file a against him. But don't worry-- will soon be bailing us Read More
Buried in is an incredible set of special concessions to unionized school teachers in New York. None of these changes were contained in Governor Paterson's original "pension reform" proposal, . The worst of the giveaways to teachers in the final Read More
Governor Paterson today that New York State faces "an unprecedented financial emergency," and asked the Legislature to choose between passing his deficit-reduction plan or granting him a new "executive option" to cut the budget unilaterally. But t Read More
Some awful ideas just keep turning up. Take, for example, the old state and city stock transfer tax. The last vestiges of the tax were effectively phased out in 1981, although technically survives due to a weird tax law quirk whose repeal has b Read More