When measured as a percentage of home value, property taxes in
nine New York counties were among the nation's top 10 property tax
burdens in 2005, according to a new study by the Tax Foundation.
Property taxes in the Upstate counties of Niagara, Monroe, Onondaga,
Wayne, Chautauqua, Erie, Schenectady, Cayuga, and Chemung Counties
were 2
ALBANYNew York’s state and local government employees pay a smaller share of pension costs, but collect higher benefits, than public employees in other states, according to a Public Policy Institute
analysis of new data from the U.S. Census Bureau.
State and local government retirees in New York collected an average
$23,891 in pension benefits in 2005, some 16 percent above the national
average, according to the Institute
New York State employers will pay less in both federal and state
unemployment insurance taxes in 2007—a change The Business
Council projected back in 2004, according to Rich Schwarz, the Council's
tax counsel.
The federal unemployment compensation tax (known as the FUTA tax)
will decrease from $98/employee to $56/employee, Schwarz said
Consumer-driven health care is the answer to growing costs both
in public and private-sector health care, a series of experts agreed
at a recent forum on the topic.
The September 26 forum, hosted by the Manhattan Institute’s
Empire Center for New York State policy, featured experts from across
the country in the public and private sectors who spoke about what
can be done to curb rising health-care costs in Medicaid and private
health insurance
New York should refocus its economic development power programs
on retaining existing energy-intensive businesses and site additional
energy generation to curb rising energy prices, Ken Pokalsky, the
Council's director of environmental and regulatory programs, told
the state’s Power Commission
New York’s highest-in-the-nation per capita tax burden weakens
job and population growth, but some reform opportunities are faced
with roadblocks, two panel members at an economic forum held Friday
Sept. 22 at The Business Council’s Annual Meeting said
Careful examination of New York’s excess hospital and technological
capacity and control of the state’s Medicaid costs can help
New York bring its health care costs down, a panel of lawmakers
and industry representatives agreed during a Sept. 21 discussion
of New York’s health care at The Business Council’s
Annual Meeting
Republican gubernatorial candidate John Faso proposed major reductions
in New York State’s income tax, and Democratic candidate Eliot
Spitzer outlined proposals to reduce workers’ compensation
costs, in remarks at the Business Council’s Annual Meeting
ALBANY—The Business Council’s Board of Directors elected
Linda Sanford of IBM and Kirk Gregg of Corning Incorporated as co-chairs
for the year ahead. The Council has also elected two new directors and
re-elected 8 directors.
Sanford is vice president of enterprise technology on demand at IBM Corporation
and has served as chairman of the Business Council’s Board of Directors
since September 2005
The Business Council’s Board of Directors has elected Linda Sanford
of IBM and Kirk Gregg of Corning Incorporated co-chairs for the year ahead.
The Council has also elected two new directors and re-elected
eight directors.
Sanford is senior vice president, enterprise on demand transformation
at IBM and has served as chairman of the Business Council’s
Board of Directors since September 2005