Monthly Archives: November 2014

Thanksgiving – An American Holiday that Holds Special Significance for Every Proud Immigrant

November 24, 2014. An opinion piece in Sys-Con Media explains why immigrants give special thanks around Thanksgiving: With our personal calendars filled with holidays that range from religious observances to children's birthdays there is only one day of the year that we can all sit down together as one large, diverse family of Americans and celebrate who we are, where we came from and why this remains an extraordinary country of opportunity. Welcome Thanksgiving. ...This author came to the United States from Iran in 1969. I had no grand plan. [...]

2014-11-24T16:28:12-05:00November 24th, 2014|FPI in the News|

President’s Immigration Action Expected to Benefit Economy

November 21, 2014. In response to President Obama’s announcement that he will use the power of the executive office to shield about 5 million people from deportation and give them authorization to work, the Fiscal Policy Institute has prepared answers to the following questions. What are the economic implications of administrative relief? The Fiscal Policy Institute expects a 5 to 10 percent increase in wages for the roughly 5 million workers expected to be eligible for legal work status. A number of studies have looked [...]

2014-11-21T15:49:54-05:00November 21st, 2014|Migration, Press Releases|

Experts Face Off on Economic Impact of President’s Immigration Plan

November 21, 2014. Fox Business News reports on the economic impacts of the president's immigration action, quoting the Fiscal Policy Institute: On economic impact: At the liberal-leaning Economic Policy Institute , Director of Immigration Law and Policy Research Daniel Costa argued that the plan would actually be good for low-wage U.S. workers and small businesses. “Businesses should like it. Those who are paying minimum wage won’t have to compete with those paying less than minimum wage, or who are not paying overtime to unauthorized workers,” [...]

2014-11-21T15:25:29-05:00November 21st, 2014|FPI in the News|

Experts: Obama’s Action Should Increase Tax Collections

November 21, 2014. The Arizona Republic ran a story about President Obama's administrative action on immigration that cites the Fiscal Policy Institute's work, as well as our partners at the Institute on Taxation and Economic Policy:   Undocumented immigrants who qualify for President Barack Obama's executive action, announced Thursday, will pay far more in new taxes than they will gain in credits, providing a significant boost to state and federal coffers, tax researchers predicted Friday. Legalizing millions of workers also will tend to push up [...]

2014-11-24T13:36:45-05:00November 21st, 2014|FPI in the News|

Undocumented Workers, Meet the IRS

November 20, 2014. In Politico, a story about the economic and fiscal impacts of President Obama's executive action on immigration: Obama’s new immigration order, which will shield about 5 million undocumented workers from deportation, will have tax implications that are sure to irk Republicans who are already calling foul on his bid to bypass Congress to ease immigration laws. That’s because most of that group of 5 million will be adults with U.S.-born children, meaning they’ll theoretically be able to claim up to $1,000 per [...]

2014-11-24T13:56:40-05:00November 20th, 2014|FPI in the News|

Detroit’s Immigrants Sustain City as Debate Consumes Washington

November 20, 2014. As President Obama puts immigration back on the front burner of the national debate, a story in Bloomberg Business Week focuses on the important role immigrants are playing in the Detroit economy, using some data from a Fiscal Policy Institute report to make the case: The 18th-largest U.S. city ranks 135th in the number of foreign-born residents, said Steve Tobocman, director of Global Detroit, a nonprofit agency that promotes legal immigration as an economic catalyst. Still, in 2007 they accounted for 11 [...]

2014-11-20T08:15:14-05:00November 20th, 2014|FPI in the News|

Fiscal Policy Institute Names Ron Deutsch as Interim Executive Director

November 17, 2014. The Board of Directors of the Fiscal Policy Institute announced today that it has appointed Albany veteran Ron Deutsch as Interim Executive Director effective immediately. After a year of dedicated service, Dr. Frederick G. Floss has decided to return to his position as professor of economics and finance at Buffalo State College but will continue to work with the organization as a Senior Fellow. "Income inequality and tax fairness will be two of the most important issues facing New York when the [...]

2014-11-17T13:51:36-05:00November 17th, 2014|Press Releases, Tax & Budget|

Local Fiscal Stress: State Austerity Policy and Creative Local Response

December 9, 2014, Saratoga Springs. Hosted by the Fiscal Policy Institute and Cornell University's Community Regional Development Institute, this dynamic free event represented a collaboration of unions, management, municipalities, schools and academia. It built from the 2011 State of Upstate New York conference and the March 2014 State of Cities conference. Municipal and school district officials, union leaders, fiscal administrators, state legislators and staffers, New York State agency representatives are all invited to attend. For a two-page summary of the conference, click here. For further [...]

2020-12-21T14:48:16-05:00November 15th, 2014|Fact Sheets|

Economic and fiscal impacts of proposed consolidations involving 5 postal facilities

November 10, 2014.  The American Postal Workers Union asked FPI to estimate the net economic and fiscal impacts of proposed consolidations involving five postal facilities around the country. The proposed consolidations were part of a nationwide “cost-savings” plan that would have further slowed mail delivery times. One of these involved a proposal to downsize sorting operations at the mail processing center in Newburgh, New York, in the lower Hudson Valley and to consolidate these operations at the Albany processing and distribution facility, 90 miles away. [...]

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