This report reviews the impact of federal tax cuts on New York State since 2001 and looks at how the Empire State would be affected by the sharply divergent tax policy agendas of the 2008 presidential candidates, John McCain and Barack Obama. Estimates are provided for the direct New York impact of the candidates’ principal individual income tax proposals over the next two years. Read More
Reports
Spitzer’s expansion of education funding and restructuring of the school aid formula may be his most important legacy. Unfortunately, C4E has been seriously hobbled by flaws in its assumptions about the mechanisms of reform, by misguided beliefs about “what works” in achieving excellence, and by a compressed timeline for adoption and implementation. Read More
Energy prices are a major factor in New York’s high cost of living and doing business, contributing to what Governor Eliot Spitzer has called a "perfect storm of unaffordability" driving people and firms out of the state. Read More
A flood of expected retirements by New York state government employees represents an opportunity to save billions of dollars over the next few years by streamlining its workforce and reforming costly retirement benefits. Read More
What's the best way to ensure that all New York State residents-adults and children alike-have access to affordable health-insurance coverage? Read More
The Taylor Law was designed to create a comprehensive framework for orderly resolution of labor-management disputes in state and local government. After a rocky start, it succeeded. Read More
New York’s recently enacted state budget for 2007-08 includes more than $219 million in appropriations for the state Legislature. At that rate, the New York State Legislature now costs more than $1 million per member — making it one of the best-paid and most expensive legislative bodies in the nation. Read More
Governor Spitzer’s proposed $120.6 billion budget called for state-funded spending growth of 7.8 percent — three times the rate of inflation — while raising business taxes by roughly a half-billion dollars. The budget also included a significant expansion of state-subsidized school property tax breaks for homeowners, to be phased in over three years. Read More
New York’s state legislators have a long history of lavish pork-barrel spending. Much of this spending comes in the form of appropriations known as “member items” — operating grants to local community groups, labor unions and advocacy organizations. But while individual senators and Assembly members are willing to selectively publicize the nature and purpose of their own pet projects, the Legislature as a whole has tried to keep much of the budgeting process for the member items under wraps. Read More
Governor Spitzer’s 2007-08 Executive Budget calls for a series of Medicaid cost-containment measures, including a freeze on hospital and nursing-home reimbursement rates. These steps are appropriate and justifiable-but they only scratch at the surface of the problem. Read More
Eliot Spitzer’s first year as governor of New York has seen the state workforce grow to its highest level since Mario Cuomo’s last year as governor, according to payroll data from the state Comptroller’s Office. Read More
Nearly a quarter-million people left New York for other states in the past year, continuing a long-term trend in which the Empire State has been a leading demographic loser. Read More