Research

A little-discussed hazard of creating a state-run single-payer health plan in New York would be its vulnerability to the business cycle. It would depend heavily on taxes collected from high-income New Yorkers, a source of revenue that's especially prone to booms and busts. A recession – or a downturn in the stock market – could easily open a budget hole not just in the billions of dollars, but in the tens of billions of dollars. Read More

Yesterday’s fatal truck accident outside Binghamton is a reminder that state government’s opposition to natural gas pipelines is having negative consequences⁠—including putting more gas trucks on the road. Read More

Following the Cuomo administration’s lead, at least two financially stressed local governments in the North Country have gone out of their way to steer expensive public works contracts to construction unions—despite higher costs. Read More

School districts across New York are constrained from fully exploiting a potential source of revenue to help offset pressure on local taxes. The revenue source in question is commercial advertising—including signs, sponsorships and facility naming rights, especially for athletic facilities. Read More

Bucking the national trend, New York's uninsured rate dropped for the eighth consecutive year, new data from the Census Bureau show. The share of New Yorkers lacking health coverage in 2018 was 5.4 percent in 2018, down from 5.7 percent the year before. The number of people lacking health coverage dropped by about 72,000, to just over 1 million. Both the rate and the number are roughly half what they were in 2013, the year before the Affordable Care Act went into effect. Read More

Last April, lawyers for private kindergarten through grade 12 schools found themselves defending, before a state trial-court judge, private and religious schools’ right to operate. The lawyers, representing Jewish, Catholic and nonsectarian independent schools, were challenging sweeping new State Education Department edicts that would effectively force private schools to perform as de facto public schools. Read More

New York State's tax collectors prevailed in a key administrative ruling last month—but in the long run, the state's taxpayers will probably be net losers as a result. At issue here is the Empire State's effort to tax the investment income, dividends and capital gains earned in 2012 and 2013 by Nelson Obus, a hedge fund manager who during those years commuted regularly from his residence in New Jersey to his office in midtown Manhattan. Read More

Sen. Chuck Schumer raised the alarm Tuesday about a pending reduction in Medicaid funding for safety-net hospitals, which he said would have "devastating" effect in New York. His warning was misleading in several ways, not least because it left out an important bit of context: Schumer himself voted for the cuts he was deploring. In effect, he was taking credit for trying to clean up a mess he had helped to create. Read More