Property-tax levies across New York State jumped an inflation-adjusted $7.6 billion from 2000 to 2005, The Public Policy Institute's director of research told an Albany forum that examined the rising tide of property taxes in the state.
School districts, counties and municipalities imposed those tax increases not because other revenue sources were declining, but because spending on payrolls and other costs was rising sharply, Director of Research Robert Ward said at a January 10 forum sponsored by the Center for Governmental Research
New York taxpayers are more likely to be subject to the
federal alternative minimum tax in part because of high
state and taxes, according to a new analysis by the Washington,
D.C.-based Tax Foundation.
“The AMT was originally designed as a backstop for
the federal income tax, and affected only a small number
of wealthy taxpayers,” the analysis said
Arguing that New York must do more to help businesses create
good-paying jobs, the Republican Senate Majority Tuesday
proposed tax cuts designed to save businesses more than
$1 billion a year when fully implemented. The Senate proposal
also includes increases in state aid to businesses
Declaring that "New Yorkers have resoundingly rejected
the status quo," Governor Eliot Spitzer Wednesday outlined
a broad range of policy proposals aimed at reforming state
government and reinvigorating the economy.
In his State of the State speech at the state Capitol in
Albany, Governor Spitzer repeated themes he sounded throughout
his campaign and again last Monday in his inaugural address
Saying it is a top priority of his administration to reverse
Upstate's economic decline and population losses, Governor
Eliot Spitzer Tuesday announced a broad new initiative,
the Renew New York Agenda, designed to spark an economic
resurgence in Upstate New York
Declaring that “New York has slept through much of
the past decade while the rest of the world has passed us
by,” New York Governor Eliot Spitzer said in his inaugural
address that every action by his administration will focus
on the twin goals of ensuring an ethical government and
rebuilding New York's economy
Options for reforming New York’s property tax will be the focus of a conference from 9 a.m.-noon January 10 at the Rockefeller Institute in Albany.
Scheduled speakers include:
Robert Ward, director of research for The Business Council and the Public Policy Institute.
E.J. McMahon Jr
ALBANYGovernment-related costs of living and doing business in New York are more than $35 billion higher than if they matched such costs across the nation, a new study by the Public Policy Institute of New York State finds.
Benchmark New York compares costs for state and local taxes, energy, health-care premiums, workers' compensation, and state and local government charges
Responding to a new report from the Public Policy Institute, the new leader of the Democratic conference in the state Senate has vowed to aggressively pursue policy reforms that would make New York State more competitive and prosperous.
The December 28 state by Senate Minority Leader Malcolm A. Smith was prompted by the release earlier this week of Benchmark New York, a new PPI study
A new proposal for universal health-care in New York, generated largely by hospital interests, urges New York to consider a combination of mandates on employers and individuals and increased taxpayer subsidies for government-funded health insurance programs to provide universal health-insurance coverage in New York State