News

04
May
2006
The president of the Massachusetts Taxpayers Foundation, Michael Widmer, will lead a discussion of the new Massachusetts individual health mandate at the May 10 meeting of The Business Council’s Health Committee. Widmer will discuss the policy and politics of the new Massachusetts Health law that requires individuals to buy a health insurance policy, imposes an assessment on some businesses that do not offer health insurance and creates a Health Insurance Connector to link individuals and businesses with health insurance products
02
May
2006
ALBANY—School districts across New York State plan to increase per-pupil spending by twice the rate of inflation, and raise property taxes by more than $900 million, a new "School Tax Watch" study by The Public Policy Institute finds. The proposed 2006-07 school budgets submitted for voter consideration on May 16 would raise average spending 6
01
May
2006
Education, business costs, competitiveness, and economic development are among the primary concerns New Yorkers from all regions of the state identified at a series of regional meetings hosted by Business Council Chairman Linda Sanford. Sanford, a vice president at IBM, summarized the concerns of participants in an April 24 letter addressed to the more than 200 business, education, not-for-profit and government leaders she met with at the eight regional meetings
26
Apr
2006
New York’s local property taxes grew three times the rate of inflation between 2000 and 2005, a new report from state Comptroller Alan Hevesi’s office has found. “New York taxpayers’ property tax burden is nearly 50 percent higher than the national average and shockingly, for areas outside of New York City, 73 percent higher than the national average,” Hevesi said
24
Apr
2006
Representatives from The Business Council of New York State and other business groups have been touring New York over the past few weeks, reminding lawmakers and the media about the harmful effect of the state’s workers’ compensation system on employers and the economy
19
Apr
2006
New York’s high school graduation rate is the third lowest in the nation and far below the national average, a new study from the Manhattan Institute has found. In New York 58 percent of the class of 2003 graduated within four years, far behind the national average of 70 percent, the study found
12
Apr
2006
A controversial proposal to impose a new health insurance mandate and tax on many New York State employers could cost the state up to 100,000 jobs and impose $9.2 billion in new taxes on businesses, a new study by a University of Kentucky economist shows
12
Apr
2006
New York's combined state and local sales tax rates range from 7 percent to 9.5 percent, among the highest rates in the nation, Comptroller Alan Hevesi's office found in a new report on local government sales tax. "Sales tax rates in New York State are much higher than the national average," Hevesi said
07
Apr
2006
The Business Council has launched a new Web-based electronic-advocacy campaign to show lawmakers the strong statewide opposition to numerous health insurance mandate proposals circulating in Albany. “These bills do nothing to help the real problem—the overall cost of health insurance,” the introduction says
03
Apr
2006
New Yorkers' spending on public schools is second-highest in the country, according to new statistics published by the U.S. Census Bureau. As of 2003-04, New York schools spent an average of $12,930 per pupil. That was 56 percent above the national average of $8,287, and virtually tied with New Jersey, which spent $12,981