Yearly Archives: 2003

State of Working New York 2003: Unbalanced Regional Economies through Expansion and Recession

September 18, 2003. Recovery may be finally beginning, but will be hard and slow. As of the fall of 2003, New York workers still face an economy weakened by the combined effects of a national recession, the bursting of the Wall Street and dot-com bubbles, and the economic devastation wrought by the September 11, 2001, attack on the World Trade Center. These factors have combined to make the rate of job loss over the last two-and-a-half years much greater in New York State than in [...]

Revitalize New York By Putting People to Work: A Jobs-Based Strategy for Economic Diversification and High-Road Growth

July 11, 2003. A comprehensive proposal for economic revitalization in New York City after the September 11, 2001, attacks. Published by LCAN, the Labor Community Advocacy Network to Rebuild New York, a network of 40 organizations convened by the Fiscal Policy Institute and the Central Labor Council, and coordinated by FPI senior fellow David Dyssegaard Kallick.

Combined Impact of the Federal, New York State and New York City Income Tax Changes

June 2003. The net result? A substantial net reduction in the income tax liability of affected taxpayers. Data analysis >> In adopting the 2003-2004 state budget, the New York State Legislature was able to greatly reduce the local property and sales tax increases and the service cuts that would have occurred if Governor Pataki's budget had been adopted as submitted. To a significant degree, this local tax relief was made possible by the Legislature's adoption of temporary increases in the state income tax for the [...]

Schools, Taxes and the New York Economy

April 24, 2003. A balanced budget alternative to the Governor’s school aid cuts. Based on an economic impact analysis prepared for FPI by the Institute on Taxation and Economic Policy, this report, released jointly by FPI and the Alliance for Quality Education, shows that the Governor's school aid cuts are "job killers" in the short run and even worse for the state's economy over time.  The economic benefits of restoring the Governor's school aid cuts far outweigh the effects of an income tax increase to [...]

New York Impact Analysis: Effects of 2004 Congressional Budget Resolution

April 23, 2003. Due to the federal tax and budget agreement, New York will suffer $1.56 billion in cuts to key programs over ten years to pay for tax breaks for the wealthy, according to this report from the Economic Policy Institute and the Institute for America's Future. Groups call on House to join Senate in passing fiscal relief for the states; joint statement from FPI and New Yorkers for Fiscal Fairness releasing new EPI/Institute for America's Future report

2020-10-27T13:07:10-04:00April 23rd, 2003|Blog, Press Releases, Tax & Budget|

Revitalize New York by Putting People to Work: A Jobs-Based Strategy for Economic Diversification and High-Road Growth

March 13, 2003.  This new 30-page report prepared by FPI for the Labor Community Advocacy Network to Revitalize New York (LCAN) makes the case for a $1 billion Liberty Jobs Program to counteract the massive job losses that New York City has experienced as a result of the September 11 attacks on the World Trade Center. Press release, report.

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