May 18, 2006. A new report issued by the Public Policy and Education Fund of New York with the assistance of the Fiscal Policy Institute.
May 5, 2006. Press release below; also, links to additional resources. Roth IRA "Conversion" Gimmick May be Used to Mask the True Cost of New Tax Cut Package Nearing Adoption by Congress As news reports of the last several days have indicated, the chairs of the Senate Finance Committee and the House Ways and Means Committee have reached an "agreement in principle" on a tax reconciliation bill that would include approximately $70 billion of tax-cut extensions including a two-year extension of the dividends and capital [...]
May 4, 2006. A letter to the editor by FPI Senior Economist Trudi Renwick, commenting on a Times Union editorial (April 19, 2006) on tax cuts being considered by Congress.
May 3, 2006. Groups call upon the Governor to adopt the legislature's bi-partisan agreement on use of Temporary Assistance for Needy Families funds. Joint release from New Yorkers for Fiscal Fairness, the Fiscal Policy Institute, the Hunger Action Network of New York State and the Empire Justice Center: Advocates for Low-Income New Yorkers held a press conference today at the Legislative Office Building to urge Governor Pataki to stop playing politics with over $1 billion in federal Temporary Assistance to Needy Families (TANF) block grant [...]
May 2, 2006. The comments below were delivered in Hartford, CT, by New York State Assistant Attorney General J. Jared Snyder. In general, the Attorney General's office supports the carbon dioxide emission reduction program embodied in the Regional Greenhouse Gas Initiative (RGGI) model rule. Global warming is undoubtedly the most significant environmental problem facing America today and the RGGI cap-and-trade program is a good first step to reducing emissions from power plants, one of the two main sources of CO2 emissions in the northeastern states. [...]
April 2006. This labor market profile was prepared by the Fiscal Policy Institute for the NYC Employment and Training Coalition and NYC Workforce Investment Board. Among the findings: New York City construction employment, now about 250,000 workers, is likely to expand considerably over the next five years. Construction workers residing in the city are overwhelmingly male, and nearly 63 percent of construction workers are non-white. They earn a median wage of $14.90. Read the report >>
April 21, 2006. A report issued by Rochester's Metro Justice and the Initiative for Development Accountability examining performance of the IDA system in Monroe County using data submitted by the County of Monroe Industrial Development Agency (COMIDA) for the years 2002, 2003, 2004.
April 3, 2006. Press release: House Budget Calls for Large Cuts in Domestic Programs and Would Worsen Deficit Program Cuts Even Larger Than Those Proposed by President or Senate, Yet Would Be Offset by Tax Cuts and Added Defense-Related Spending The five-year budget plan approved on Wednesday, March 29, 2006, by the US House of Representatives’ Budget Committee is badly out of step with both America’s needs and Americans' concerns for fiscal responsibility and adequate funding of critical services. Both houses of Congress are now [...]
March 31, 2006. This new report from the Fiscal Policy Institute shows that the diverse set of states with minimum wages above the federal $5.15 level have had faster job growth among small businesses and in the retail trade sector than states where the lower federal minimum prevailed. Press release (also below), report. Press release Small business and retail job growth faster in states with minimum wages above the $5.15 federal level As more and more states act to raise their minimum wage, a new report [...]
March 22, 2006. State by state estimates from the Citizens for Tax Justice.
March 20, 2006. Forty-six wealthy New Yorkers placed a full-page ad in the March 20, 2006, Legislative Gazette calling for New York State to keep its estate tax. In their open letter to the members of the State Legislature, the millionaires said that keeping the estate tax is essential to New York having a fair tax system.
March 9, 2006. Testimony presented by David Dyssegaard Kallick, FPI Senior Fellow and Coordinator of the Labor Community Advocacy Network to Rebuild New York (LCAN) to the New York City Council's Committee on Lower Manhattan Redevelopment. Testimony >>
March 8, 2006. A presentation prepared for "Partnerships for New York - Innovative Transportation Financing and Contracting Strategies: Opportunities for New York State," a NYS Department of Transportation symposium. More: press release from DOT.
March 2, 2006. This report is based on testimony presented by FPI Senior Economist Trudi Renwick to the Assembly Standing Committee on Social Services.
March 2006. In a landmark decision issued on September 2, 2004, the U.S. Court of Appeals for the Sixth Circuit ruled that the State of Ohio's investment tax credit violated the Commerce Clause of the U.S. Constitution. Rather than immediately appealing this decision to the US Supreme Court, DaimlerChrysler asked the Sixth Circuit to take the unusual step of rehearing the the case en banc. The Sixth Circuit subsequently declined this request and DaimlerChrysler then asked the Supreme Court to hear its appeal of the [...]