They’re a part of the Island: Immigrants pay taxes and otherwise contribute to our community
November 20, 2008. A column by FPI senior fellow David Dyssegaard Kallick, Newsday.
After the Meltdown: New York’s Future
November 19, 2008. An article by James Parrott, FPI's deputy director and chief economist, who writes regularly for Gotham Gazette's Economy section. Article >>
Testimony before the Assembly Ways and Means Committee hearing on the impact of the economic crisis on the state budget
November 13, 2008. Testimony submitted by FPI's Frank Mauro and Ronald Deutsch of New Yorkers for Fiscal Fairness. To avoid deepening the already threatening recession, the state must not rely solely on drastic cuts in state spending to close current and expected budget gaps. A balanced approach includes tapping the state's tax stabilization reserve fund (put together for this very purpose), surgical cuts in wasteful spending, and a high-end income tax surcharge like that used successfully in 2003 to close post-9/11 gaps.
Maximizing the Value and Use of State Assets
November 6, 2008. Testimony of James A. Parrott before the New York State Commission on State Asset Maximization. To fulfill the commission's charge to "maximize the value and use of state assets," the state should carefully consider in-house design and prevailing wage standards when setting up new projects. Also, economic development subsidies should include strict accountability standards; the state should not act as project investor without receiving in return an ownership stake for the taxpayers.