Yearly Archives: 2013

Data for Pre-Citizen Voting Debate in City Council

May 9, 2013. Should legal immigrants who are not yet citizens be permitted to vote in New York City elections? The NYC City Council will debate this question beginning on Thursday, May 9, in connection with Intro 410, which would allow pre-citizens to vote in New York City municipal elections. It wouldn’t be the first time noncitizens could vote in New York elections. School board elections, before they were abolished, were open to all parents of children in New York City schools, regardless of citizenship [...]

2013-05-09T18:36:37-04:00May 9th, 2013|Blog, Migration|
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Conservatives Must Reject the “Poor Are Parasites” Narrative

May 7, 2013. The Blog of the Competitive Enterprise Institute opines that conservatives who are stuck in the "47 percent" frame of mind are way off base on immigration. Reacting to a new report of the Heritage Foundation about immigrants and the cost of services, the piece notes: Low-skilled immigrant workers allow Americans to engage in more productive endeavors. For example, the Fiscal Policy Institute found that immigrants operate 75 percent of New York City child care businesses. This allows American mothers to work and implies that [...]

2013-05-09T14:59:04-04:00May 7th, 2013|FPI in the News|
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Barriers to Entry: The Increasing Challenges Faced by Young Adults in the NYC Labor Market

May 2, 2013. A new report from JobsFirstNYC and co-authored by James Parrott, Deputy Director and Chief Economist, Fiscal Policy Institute, and Lazar Treschan, Director of Youth Policy, Community Service Society, takes an in-depth look at both the supply and demand dimensions of the job market faced by New York City’s 18- to 24-year-old young adult population. Barriers to Entry: The Increasing Challenges Faced by Young Adults in the New York City Labor Market looks at changes in the city's labor market over the past decade [...]

2020-11-13T15:16:59-05:00May 2nd, 2013|Economic Outlook, Economic Trends & Policy, Labor Market & Workforce, Must Read, Reports, Briefs and Presentations|
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New York’s minimum wage tax credit slammed as poorly designed and wasteful

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 [...]

2013-05-28T14:21:15-04:00April 28th, 2013|FPI in the News|
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The Gilded City of New York

April 18, 2013. In a special issue of The Nation that includes over 20 stories about New York City under Mayor Bloomberg, a picture is painted of a two-tiered urbanism. The lead story by The Nation's editors describes the heightened income polarization in New York City and cites data from various FPI analyses, including Pulling apart: The continuing impact of income polarization in New York State. Here is New York in 2013: a city of dazzling resurrection and official neglect, remarkable wealth and even more [...]

2020-11-13T14:27:59-05:00April 18th, 2013|Blog, Labor Market & Workforce, Must Read|
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Barriers to Entry: The Increasing Challenges Faced by Young Adults in the New York City Labor Market

May 2, 2013, Manhattan. JobsFirstNYC is pleased to share a new report with the field - Barriers to Entry: The Increasing Challenges Faced by Young Adults in the New York City Labor Market. This report takes an in-depth look at both the supply and demand dimensions of the job market faced by New York City's 18-24 out-of-school/work population. The report also considers the key characteristics of young people who are out-of-school and out-of-work, including their demographics, where they live, their skills, and barriers they face [...]

2020-12-21T14:48:17-05:00April 15th, 2013|Fact Sheets|
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The Latino Coalition champions for Hispanic small businesses

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 [...]

2013-04-15T09:04:09-04:00April 12th, 2013|FPI in the News|
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Number of millionaires in NY rebounded in 2010

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 [...]

2013-04-15T09:03:49-04:00April 12th, 2013|FPI in the News|
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Walmart and other large, low-wage employers will benefit financially from New York’s new Minimum Wage Reimbursement Credit.

April 5, 2013. Unless disclosure requirements are clarified, we’ll probably never know exactly how much Walmart and other large, low-wage employers receive in government subsidies under New York’s new Minimum Wage Reimbursement Credit (MWRC). But based on the best data available, we estimate that Walmart is likely to receive MWRC subsidies of between $53 million and $85 million over the next five years. New York’s new MWRC will provide employers a tax credit for the hours worked by students between the ages of 16 and [...]

2020-11-13T14:58:53-05:00April 5th, 2013|Blog, Economic Trends & Policy, Labor Market & Workforce, Must Read, Tax & Budget, Tax Policy|
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Experts address immigration reforms

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.

2013-05-07T15:12:04-04:00April 4th, 2013|FPI in the News|
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Federal tax credits for working families need to be protected and strengthened as part of tax reform efforts

April 10, 2013. With policymakers in Washington calling for federal tax reform, the Fiscal Policy Institute said it is essential that members of Congress consider the beneficial long-term impacts of the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) as well as these credits’ short-run benefits. In emphasizing the importance of making the current temporary enhancements of these credits permanent, FPI pointed to a new report from the Center on Budget and Policy Priorities that pulls together and examines the body of [...]

2020-11-13T15:11:23-05:00April 4th, 2013|Must Read, Press Releases, Reports, Briefs and Presentations, Social Policy, Tax & Budget|
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Immigration Reform: Path to Citizenship, Path to Growth

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.  

2013-05-07T15:08:12-04:00April 2nd, 2013|FPI in the News|
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