Monthly Archives: April 2014

Testimony on Local Government Minimum Wage Authority

April 30, 2014. In testimony presented before the New York City Council, FPI’s James Parrott reviewed several reasons why it makes sense for New York State to authorize cities and counties to establish higher minimum wage levels than the statewide minimum. Parrott’s testimony cited data showing that there are wide disparities across counties within the state in terms of the local cost of living, and that there is a similar wide disparity in median wage levels, particularly between New York City and suburban counties on [...]

2020-11-13T14:58:52-05:00April 30th, 2014|Economic Trends & Policy, Labor Market & Workforce, Testimony|
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Parrott-Brecher Debate on NYC Municipal Contracts

April 25, 2014. Negotiations are underway to settle New York City municipal contracts, almost all of which have been expired for four or more years. Pattern bargaining has long been the norm in the City, but about one-third of the City’s 300,000 unionized workers, including teachers and nurses, never received raises from the last round. FPI’s James Parrott engaged in a spirited on-line debate discussing the topic “What can the City Afford?” during the week of April 21 with Charles Brecher of the Citizens Budget [...]

2020-10-27T13:08:49-04:00April 25th, 2014|Reports, Briefs and Presentations, State Budget, Tax & Budget|
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Arizona Law on Immigration Spooks Business Leaders-FPI in Huffington Post

April 16, 2014. FPI's David Dyssegaard Kallick wrote an op-ed for the Huffington Post, reporting on how Arizona business leaders see the economic impacts of the state's "Show Me Your Papers" law. It may be hard to statistically measure the economic impact of the bill, widely perceived as anti-immigrant, argues Kallick. But a good gauge of the damage done is how serious the state's business leaders have been about efforts to turn the anti-immigrant perception around. And, Kallick says, falling behind the curve on the [...]

2014-08-13T10:05:53-04:00April 16th, 2014|Letters, Migration|
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Corning and MasterCard Paid .6% in State Taxes

April 14, 2014. As New York struggles with tough budget decisions about essential public services, profitable Fortunate 500 companies like Corning, MasterCard, Lowes and Consolidated Edison are paying 2% or less in state income taxes for 2012 thanks to copious loopholes, lavish giveaways and crafty accounting. The recently passed state budget did nothing to close these loopholes and this will continue the unlevel playing field where the rich are able to take advantage of the system. 90 Reasons We Need State Corporate Tax Reform: State [...]

2014-04-14T15:07:26-04:00April 14th, 2014|Press Releases, Reports, Briefs and Presentations, Tax & Budget, Tax Policy|
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New York State Economic and Fiscal Outlook 2014-2015

February 4, 2014. In its 24th annual New York State budget briefing, the Fiscal Policy Institute reviews the major spending and tax reduction proposals contained in Governor Andrew Cuomo’s 2014-15 Executive Budget. FPI’s briefing provides a critical assessment of four fundamental assumptions that shape the proposed budget and state fiscal projections for the following three years. These assumptions deal with the preferred size of New York government, the optimal growth rate of state spending, the potential for budget savings related to government consolidation, and the [...]

2020-11-13T14:17:41-05:00April 11th, 2014|City Budget, Press Releases, Reports, Briefs and Presentations, State Budget, Tax & Budget, Tax Policy|
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Case Studies Examine Shale Drilling’s Mixed Legacy

April 11, 2014.  New case studies of the impact of shale gas drilling in Carroll County, Ohio; Greene and Tioga counties in Pennsylvania; and Wetzel County, West Virginia, provide numerous cautionary tales for New York as it considers whether or not to allow Horizontal Drilling and High-Volume Hydraulic Fracturing in the Marcellus Shale and Other Low-Permeability Gas Reservoirs. The case studies, which were completed by the Ohio, Pennsylvania and West Virginia organizations that are part of the Multi-State Shale Research Collaborative, build upon the Collaborative’s [...]

2020-11-13T14:56:15-05:00April 10th, 2014|Economic Trends & Policy, Must Read, Reports, Briefs and Presentations|
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New York City Social Services Workforce

April 3, 2014. In doing research and analysis of the New York City social services workforce, a preliminary chart pack was assembled that includes: NYC Contract Budget for Social Services Demographics of Private Social Service Workforce NYC Social Services Sector: Annual Earnings by Occupation Social Services Wages & Hours Social Services Workers: Family Income Relative to Poverty Status

2020-11-13T14:58:52-05:00April 3rd, 2014|Economic Trends & Policy, Labor Market & Workforce, Reports, Briefs and Presentations|
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