Reports

Defusing New York’s Pension Bomb by E.J. McMahon |  | Reports

This study shows how greater fairness for New York taxpayers and competitive retirement benefits for government employees can be achieved by switching from the current defined benefit (DB) pension plan to the savings-based defined contribution (DC) model used by the vast majority of private companies. [Read_more]

Rising Medicaid Cost Charted in New Report | Reports

The state-funded share of Medicaid costs will escalate rapidly over the next few years as Albany assumes responsibility for a greater share of county and New York Medicaid costs, according to projections explained in a new report from the Empire Center for New York State. [Read_more]

Ready for Change: A Statewide New York Voter Survey by E.J. McMahon |  | Reports

Looking ahead to a watershed election year, most New York voters are dissatisfied with the performance of their state government, according to the Empire Center’s statewide voter survey. Large majorities also believe that state leaders are more responsive to special interests, or to their own personal interests, than to the voters’ interests. [Read_more]

Taxes and Consequences: The Gotham STAMP 2006 Computable General Equilibrium Model | Reports

Significant changes in state and local tax rates can have significant consequences for New York City's economy. But how do we measure and predict those consequences? To answer that question, the Manhattan Institute's Empire Center for Public Policy has commissioned an updated and upgraded version of the State Tax Analysis Modeling Program (STAMP), developed by the Beacon Hill Institute at Suffolk University in Boston, Mass. [Read_more]

Pricing the “Luxury Product”: New York City Taxes Under Mayor Bloomberg by E.J. McMahon |  | Reports

The last four years have seen a remarkable turnabout in tax policy of New York City. Considerable progress was made in reducing tax rates and the overall tax burden under former Mayor Rudolph Giuliani, from 1994 through 2001. But since 2002, the city under Mayor Bloomberg has raised taxes by up to $3 billion, two-thirds of which consisted of a record property tax hike. [Read_more]

Breaking the Budget in New York State by E.J. McMahon |  | Reports

After failing to adopt a budget on time for 20 of the last 21 years, New York State legislative leaders are seeking voter approval of a constitutional amendment that they insist on characterizing as “budget reform.”

Budget de-form would be more like it. [Read_more]