Increase in federal minimum wage doesn’t affect New Yorkers, but nearly 300,000 would be helped by state legislation

July 22, 2008. Although the federal minimum wage is set to increase on July 24, New York needs state legislation to move the purchasing power of the minimum wage closer to historic levels - and to a level that can keep a family of three out of poverty. By increasing the minimum wage, New York would improve the lot of workers without disrupting the labor market. Press release, full report.

Economists’ Statement Opposing the Lazio Tax Proposal

July 18, 2008. Over 110 economists from throughout New York state say the Lazio tax cut proposals are economically and socially irresponsible, jeopardizing Social Security and Medicare. Full statement, followed by a list of the economists endorsing it. Several weeks ago, eight Nobel laureates and over 300 other economists issued a public statement opposing the large-scale tax cuts that are the centerpiece of presidential candidate George W. Bush’s economic proposals. We, the undersigned, as economists who live and/or work in New York State, believe that [...]

Siena New York Poll: Circuit Breaker & Gas Tax Cut Top Property Tax Cap

July 14, 2008. While New York voters strongly support both a property tax cap and a property tax "circuit breaker," which ensures that property taxes do not exceed a certain percentage of a homeowner's income, when forced to choose between the two, a majority prefer the circuit breaker, according to a new Siena (College) Research Institute poll a new Siena Research Institute poll released today. More voters would rather see New York eliminate 32 cents of state gas taxes than cap property tax increases. "New [...]

2012-03-06T15:15:21-05:00July 16th, 2008|Blog, City Budget, Tax & Budget|

Education policy experts weigh in on tax caps

July 14, 2008. A collection of materials from researchers and stakeholders, including the Council of School Superintendents and the PTA. It's Elementary, a monthly column by John Yinger, director of the Education Finance and Accountability Program and professor, Syracuse University's Maxwell School. See especially: Why a Property Tax Cap Is a Bad Idea for New York (June 2008) The Preliminary Report of the New York Commission on Property Tax Relief (May 2008) Reform in New York State's Education Aid Formula? (April 2008) Materials from the [...]

2012-03-06T19:57:49-05:00July 14th, 2008|Blog, City Budget, Tax & Budget|

Restoring the Purchasing Power of New York State’s Minimum Wage

July 10, 2008. A look at recent efforts to increase the minimum wage - in New York and nationally - reveals that the current minimum wage falls far short of historic levels, and cannot keep a family of three out of poverty. By increasing the minimum wage, New York would improve the lot of workers without disrupting the labor market. Report >>

Go to Top