Cry for New York by Nicole Gelinas | | NY Torch

Albany likes to tax bad things, like cigarettes and, maybe soon, soda. But one State Senator's new idea of a sin tax -- on the defaulted sovereign nation of Argentina -- would harm the state's main cash cow, Wall Street. Argentina defaulted on its...

Income tax free-riding by E.J. McMahon | | NY Torch

hile a relatively small number of taxpayers are shouldering the lion's share of the federal, state and city income tax burden, everyone will soon be footing a bigger bill for rising government spending. Nicole explains...

School Staffs Grew in New York by E.J. McMahon | | Reports

New York State educators are warning that proposed cuts in state aid to public schools next year could force more than 14,000 teacher layoffs. Officials of the state’s largest teachers’ union claim aid cuts will “devastate” education, leading to a “drastic” reduction of programs and “much larger class sizes.”

State Payroll Drops and Wages Rise by E.J. McMahon | | Reports

New York State government payrolls shrunk by 1,856 full-time equivalent (FTE) employees, or less than one percent, during a two-year period ending in January 2010, according to the latest data from the Office of the State Comptroller. However, the state still employed more workers than it did at the same point six years ago, in the wake of a less severe economic downturn and fiscal crisis.
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