New data point up “prevailing” myth by E.J. McMahon |  | NY Torch

Barely one in five private construction workers in New York State was covered by a union contract last year, according to newly released statistics that call into question a state public works "prevailing wage" mandate that assumes 30 percent union coverage of building trades occupations across New York. [Read_more]

Pricing an IVF mandate by Bill Hammond |  | NY Torch

Requiring New York health plans to cover in vitro fertilization would add up to 1.1 percent to premiums, according to a state study belatedly released today. [Read_more]

Gillibrand’s 4 percent fantasy by Bill Hammond |  | NY Torch

Sen. Kirsten Gillibrand is setting herself apart from many "Medicare for All" supporters by offering what sounds like a plan to pay for it. Unfortunately, the revenue source she keeps citing – a 4 percent tax on income – would fall short of what's needed by at least $1 trillion, and more likely $2 trillion, per year. [Read_more]

Lights, camera, cash in! by E.J. McMahon |  | NY Torch

The collapse of New York's effort to lure Amazon's "second headquarters" to Queens with more than $3 billion in city and state incentives sheds fresh light on a bigger, ongoing corporate subsidy—New York State's Film and TV Production Credit. [Read_more]

Tax cap fibs test limits by Ken Girardin |  | NY Torch

Government unions aren’t letting the facts get in the way of their opposition to Governor Andrew Cuomo’s push for a permanent property tax cap.

Testifying in Albany this month on Cuomo’s FY20 Executive Budget, union leaders made a number of misrepresentations regarding the cap, which since 2011 has slowed the growth of property taxes outside New York City. [Read_more]

Sen. Salazar’s good idea by E.J. McMahon |  | NY Torch

State Sen. Julia Salazar, a democratic socialist from Brooklyn, is backing an idea that could appeal to limited-government conservatives across New York.

The first-term legislator has introduced legislation (S.3061) establishing a multi-state compact that would bar member states from offering any "company-specific subsidy." [Read_more]

Single-payer, version 2.0 by Bill Hammond |  | NY Torch

New revisions to a proposed single-payer health plan for New York State would add tens of billions dollars to the already enormous price tag – and further hinder the state's ability to control costs going forward. [Read_more]

Cuomo keeps pounding SALT by E.J. McMahon |  | NY Torch

Governor Cuomo has announced he's flying to Washington on Tuesday to meet with President Trump to discuss the impact on New York of the state and local tax (SALT) deduction cap in the new federal tax law.

Spoiler Alert: even assuming Trump is uncharacteristically thick-skinned in the face of Cuomo's harsh unrelenting political attacks, the SALT cap isn't going anywhere.  [Read_more]

Teacher pension costs to drop by E.J. McMahon |  | NY Torch

The New York State Teachers Retirement System (NYSTRS) will cut its employer pension rate by nearly two percentage points for 2019-20, reducing net costs to school districts by nearly $300 million. [Read_more]