Monthly Archives: January 2013

Coalition and lawmakers call on Governor, Legislature to close corporate tax loopholes to level playing field for small business and restore public services

January 30, 2013. As part of a coalition of community, labor, faith, student and Occupy organizations, the Fiscal Policy Institute has launched a campaign to bring fairness and transparency to New York’s corporate tax system, ending costly loopholes that cost taxpayers and businesses dearly. The coalition is calling on Governor Cuomo and the Legislature to close a series of unfair corporate tax loopholes, raising nearly $1billion for this year’s state budget and leveling the playing field between large out-of-state multinational corporations and New York based [...]

2013-04-15T16:49:43-04:00January 30th, 2013|Press Releases, Reports, Briefs and Presentations, Tax & Budget, Tax Policy|
Read More

Growing number of states look at minimum wage hike

January 29, 2013. A USA today article says that nearly half the states have increased their minimum wage this year or are considering plans to hike it as the economy transitions from recession to a stronger recovery. The state push could encourage Washington to re-evaluate the federal minimum wage of $7.25 an hour, says James Parrott, a director and chief economist for the Fiscal Policy Institute, a non-partisan New York research and education organization.

2013-01-29T22:41:25-05:00January 29th, 2013|FPI in the News|
Read More

Raising New York’s Minimum Wage: The Economic Benefits and Demographic Impact of Increasing New York’s Minimum Wage to $8.75 per Hour

January 28, 2013. A minimum wage increase included in Governor Cuomo’s budget proposal, released last Tuesday, would raise the paychecks of over 1.5 million low-paid New Yorkers, according to a new report from the Fiscal Policy Institute and the National Employment Law Project. The Governor’s proposal would raise the state’s minimum wage from $7.25 to $8.75 per hour on July 1, 2013, and the increased wages would generate more than $1 billion in new consumer spending, supporting the creation of 7,300 new full-time jobs across [...]

2020-11-13T14:58:53-05:00January 28th, 2013|Economic Trends & Policy, Labor Market & Workforce, Press Releases, Reports, Briefs and Presentations|
Read More

Dream Act would provide aid to illegal immigrants

January 21, 2013. The Utica Observer-Dispatch carries an AP story about the New York State DREAM Act, which would allow qualified undocumented college students to access the state's Tuition Assistance Program. The measure seems to be gaining momentum in Albany. Last year, FPI undertook to analyze the costs and benefits of the proposal, and the estimated costs are cited in this article.

2013-01-29T23:10:17-05:00January 21st, 2013|FPI in the News|
Read More

Fiscal Policy Institute’s Mauro to step down

January 7, 2013. Frank Mauro will be stepping down as FPI's Executive Director at the end of New York’s 2013 Legislative session. Mauro has long been one of Albany’s best known experts on budget and public policy issues from his work at FPI and earlier as Secretary of the NYS Assembly Ways and Means Committee, director of Assembly Speaker Stanley Fink’s Program Development Group, director of research for the last major revision of the New York City Charter, and Deputy Director of the Rockefeller Institute [...]

2013-01-07T16:05:26-05:00January 7th, 2013|Press Releases, Tax & Budget|
Read More
Go to Top