High-Stakes Taxing by E.J. McMahon | | Reports

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.

Salvaging NY’s School “Contracts” | 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.

A Look At the Legislature’s Expenses | Reports

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.