Monthly Archives: June 2001

Economists’ Statement on the Minimum Wage

June 8, 2001. The pdf version of this letter, which was sent to state senators, includes the list of signers. We 80+ economists from throughout New York support an increase in the state minimum wage to $6.75 an hour. The Assembly has already passed a bill to this effect, and we urge you to join in this bipartisan effort to make work pay in New York State. Increasing the minimum wage to $6.75 in 2002 and tying further increases to the regional Consumer Price Index [...]

2020-11-13T14:58:55-05:00June 8th, 2001|Economic Trends & Policy, Labor Market & Workforce, Letters|
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A Giveaway to Landlords

June 8, 2001. An op ed by Moshe Adler and James Parrott, published in the New York Daily News. With commercial rents skyrocketing, Mayor Giuliani and the City Council have decided to step in. Hold on to your wallet. Ostensibly to help commercial tenants, the mayor and the Council have decided to transfer $25 million a year from the pockets of taxpayers to the pockets of landlords. Here is how it will work. The city taxes commercial rents when they exceed $150,000 a year. In [...]

2020-10-27T13:09:43-04:00June 8th, 2001|City Budget, Letters, Tax & Budget, Tax Policy|
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