Monthly Archives: April 2013

April 28, 2013. A Post-Standard story looks at New York's minimum wage tax credit and references an analysis done by FPI. “It’s utterly unprecedented in the United States,” said Paul Sonn, legal co-director of the National Employment Law Project in Washington, D.C. “We’re not aware of any state that has adopted a tax credit remotely resembling this one, which will have the taxpayer pick up the tab for the cost of the minimum wage increase for a certain category of worker.” .... Cuomo’s office estimates [...]

April 22, 2013. Media Matters highlights the errors of Lou Dobbs on immigration. A 2009 report by the Fiscal Policy Institute found that between 1990 and 2006, "the metropolitan areas with the fastest economic growth were also the areas with the greatest increase in immigrant share of the labor force."

April 12, 2013. A story in VOXXI highlights the impact of Latino entrepreneurs in the new economy.   In 2010, 27.9 million small businesses employed less than 500 people while only 18,500 firms had 500 employees or more, according to the Small Business Administration (SBA). Moreover, they represent 99.7 percent of U.S. employer firms and create 64 percent of net new private-sector jobs with an impact on over 44 percent of the total U.S. private payroll. Sharing the impact in the new economy, Latino entrepreneurs make [...]

April 12, 2013. In an Ithaca Journal story by Joe Spector, he reports that the number of New York millionaires is increasing again. The number of millionaires in New York bounced back in 2010 after falling off in 2009, state records show. The number of millionaires in New York reached nearly 33,000 in 2010, up 19 percent compared to 2009. Overall, the number of people with taxable incomes above $200,000 returned to the level in 2008, a review of records from the state Department of [...]

April 4, 2013. The Setonian covers a forum on immigration reform with the Mayor Chris Bollwage of Elizabeth, NJ, Assemblyman Michael Patrick Carroll of Morris County, International Litigation Counsel Eric Blinderman, and FPI's David Dyssegaard Kallick. Anthony DePalma moderated.

April 3, 2013. In an opinion piece, Antonio O. Garza makes the economic case for immigration reform.

April 2, 2013. Market Wired runs an opinion piece about immigration reform.   Immigrants also fuel small business creation, a reflection of the entrepreneurial drive that is typical of an individual who leaves home to start a new life abroad. Eighteen percent of U.S. small business owners are immigrants, according to a study by the Fiscal Policy Institute, and 30 percent of small business growth over the past two decades has been due to immigrants.