Yearly Archives: 2013

NY Suburbs Lead in Minority Population Growth

June 13, 2013. A Journal-News analysis of new Census data showed that Westchester, Rockland, and Putnam all saw a significant growth in the non-white share of the population, "some of the largest ethnic shifts in the Northeast." “The whole country is diversifying,” said David Kallick of the Manhattan-based Immigration Research Initiative. “The white population is growing older, and the younger population is much more multicultural and multi-ethnic than the older generation. That’s our future, ready or not.” Growth among Hispanics, African-Americans and Asians is pushing [...]

2013-07-02T14:28:25-04:00June 13th, 2013|FPI in the News|

Safe Patient Handling in New York State: An Estimate of the Costs and Benefits of Statewide Implementation

June 13, 2013. Nurses and other health care workers have among the highest rates of on-the-job injuries in New York as a result of moving and lifting patients. This report considers what can be done to reduce patient handling injuries in New York. A number of hospital and nursing home facilities around the country have invested in patient handling equipment that significantly reduces the physical strain on health care practitioners. This equipment results in considerable cost savings in reduced lost work time, reduced turnover and lower workers compensation costs, and means that the [...]

Immigration Reform Would Improve Economic Productivity

June 4, 2013. A new report from the Fiscal Policy Institute shows that legalizing undocumented immigrants, paired with labor standards enforcement, would boost economic productivity. Reform would remove barriers to advancement for newly legalized immigrants, create a level playing field for businesses, and align our systems of taxation, social services, and social insurance so that they would function as they are supposed to. “Immigration reform, done right, would be good for immigrants, but it would also be good for all Americans,” said David Dyssegaard Kallick, [...]

Groups Say Tax Free-NY is Bad Economic Development Policy, Bad Tax Policy and Bad for New York.

June 11, 2013. Frank Mauro of the Fiscal Policy Institute joined with community, student and labor groups at a press conference in the Legislative Office Building in Albany to urge the Legislature to reject the Governor's ill-conceived Tax-Free NY proposal.  The press conference was organized by Ron Deutsch, the executive director of New Yorkers for Fiscal Fairness. Mauro distributed FPI’s new report on the Tax-Free NY proposal at the press conference which was covered by a number of news outlets including the (Albany) Times Union, [...]

2013-06-24T15:22:21-04:00June 11th, 2013|Press Releases, Tax & Budget, Tax Policy|

Tax-Free New York – Bad Tax Policy, Bad Economic Development Policy

June 11, 2013. This brief concludes that Tax-Free New York is bad tax policy and bad economic development policy. From a tax policy perspective, the Tax-Free NY proposal is inconsistent with the two long-established pillars of tax fairness—horizontal equity and vertical equity.  In addition, New York State's past experience with geographically-targeted business tax incentives should raise huge red flags regarding the efficacy of the proposal as an economic development strategy. Besides being diametrically opposed to the principles of tax fairness, the idea of exempting the [...]

Reforma imigracyjna naprawdę się opłaca! (Immigration Reform Pays Off!)

June 6, 2013. The Polish-language paper Super Express features a story about the Fiscal Policy Institute's report on immigration reform. Ameryki i jej mieszkańców, o naszej metropolii nie wspominając - mówi David Dyssegaard Kallick, dyrektor Fiscal Policy Institute's Immigration Research Initiative, niezależnego instytutu skupiającego się na różnych aspektach mających wpływ na rozwój gospodarczo-ekonomiczny Nowego Jorku. - Z naszych wyliczeń wynika, że Nowy Jork zyskałby znacznie na sile roboczej. Wiele osób przestałoby się bać i dzięki temu efektywniej pracowało. Ponadto nie zapominajmy, że reforma wyeliminowałaby szarą [...]

2013-07-09T15:06:33-04:00June 6th, 2013|FPI in the News|

Nearly half of seniors, including a majority of elderly blacks and Hispanics, are on the cusp of poverty, a new Economic Policy Institute report finds.

June 6, 2013. In a new briefing paper released today by the Economic Policy Institute, the report finds that 52.0 percent of New York seniors are at risk. See FPI's press release below. Contact: James Parrott, Deputy Director and Chief Economist, 212-721-5624 (desk), 917-880-9931 (mobile) New report: http://www.epi.org/publication/economic-security-elderly-americans-risk 52% of New York seniors are economically vulnerable, the fifth highest among all states. House Budget Committee Chairman Paul Ryan’s Medicare proposals would put many more seniors at economic risk. Having to squeeze their dollars, 48.0 percent [...]

In Opposition Of The New York State ‘DREAM Act’

May 31, 2013. Rebecka Schumann, in the "Fighting Words" section of International Business Times, argues that we can't afford the NYS DREAM Act, but in the process assumes a cost that is 365 times higher than the reality. According to a recent Fiscal Policy Institute study, if the act is put into law, it would cost New York residents “less than 87 cents a day” -- an estimated $17 million a year financed through state income taxes -- in order to fund illegal residents’ education, [...]

2013-07-09T15:05:09-04:00May 31st, 2013|FPI in the News|

Guest Opinion: Immigration reform will boost state

May 31, 2013. The California state controller's op-ed on why immigration reform matters, citing some research of the Fiscal Policy Institute, appears on the Calaveras Enterprise web site. The nonpartisan Congressional Budget Office determined that comprehensive reform would increase both investment and the productivity of new workers brought to our labor force. Overall GDP would increase between 0.8 and 1.3 percent as early as 2016. Given California’s population and economic mix, we are likely to experience growth at a rate higher than the nation. Assuming [...]

2013-07-09T15:03:03-04:00May 31st, 2013|FPI in the News|

Next NYC Mayor facing $7.8B fiscal cliff from unions who haven’t received a raise in years

May 27, 2013. Fiscal experts say the next New York City mayor faces a fiscal cliff of $7.8B. James Parrott, deputy director and chief economist, said "“Disaster looms if we continue down the road we’re going.” Read the story. James Parrott added the following comment on the New York Daily News web site after the article was published: When I said, “Disaster looms if we continue down the road we’re going,” I was referring to the fact that the current administration had failed to seriously [...]

2013-06-04T14:07:50-04:00May 27th, 2013|FPI in the News|

Inmigrantes altamente calificados son valiosos en Estados Unidos

May 22, 2013. Venezuela Al Día reports on highly skilled immigrants to the United States. “Los Estados Unidos es el destino más deseado para inmigrantes de todo el mundo. Ésta siempre ha sido una oportunidad de fortalecer y potenciar la economía”, indica Brito. Un estudio de junio de 2012 publicado por el Fiscal Policy Institute reconoce el espíritu empresarial de los inmigrantes en los Estados  Unidos: “18% de todos los propietarios de negocios pequeños es inmigrante. Esto es especialmente impresionante considerando que los inmigrantes componen [...]

2013-06-11T14:04:05-04:00May 22nd, 2013|FPI in the News|

Detengan el estancamiento del Dream Act

May 22, 2013. Editorial from El Diario in favor of passing the New York State DREAM Act. (In Spanish.) De acuerdo al Instituto de Política Fiscal y el centro de Política de inmigración, las proyecciones indican que un grupo de estudiantes con mejor educación, graduados y efectivamente activos en la fuerza laboral, contribuirían mejor a la salud económica de la ciudad, en unos 5 a 6 de estos graduarse. O sea, el Dream Act estatal es una inversión, no una perdida.

2013-06-11T13:21:40-04:00May 22nd, 2013|FPI in the News|

State Comptroller Issues Report on Costs of DREAM Act

May 20, 2013. The New York State comptroller issued a press release and report estimating the cost of the NYS DREAM Act. The results and arguments about a strong return on investment are very much in line with those previously arrived at by the Fiscal Policy Institute here and here. The comptroller finds "additional TAP costs would be less than $20 million, an increase of less than 2 percent." (The FPI study estimated the cost at $17 million.)

2013-06-11T13:33:50-04:00May 20th, 2013|FPI in the News|

Immigration Will Boost the California Economy

May 10, 2013. The state controller of California makes the case for embracing immigration reform, in the Mercury News of Silicon Valley.   The Fiscal Policy Institute estimates that immigrant-owned small businesses employed 4.7 million people in 2007, 500,000 of them in California. With sound immigration reform, we could see more people opening small businesses. According to a study by the Center for American Progress, extending legal status or citizenship to current residents can lead to an annual job increase between 121,000 and 203,000, depending [...]

2013-06-11T13:18:17-04:00May 10th, 2013|FPI in the News|
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