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HOUSE TAX PLAN: BENEFIT FOR RICHEST 1% in NYS GROWS OVER TIME

HOUSE TAX PLAN: BENEFIT FOR RICHEST 1% in NYS GROWS OVER TIME

 By 2027 Wealthiest 1% Get Average Tax Cut of $34,000 and Poorest 20% Get $90

 

A 50-state analysis of the House tax plan released last week reveals that in New York State the wealthiest 1 percent of New Yorkers will receive the greatest share of the total tax cut in year one and their share would grow through 2027. Further, the value of the tax cut would decline … (read more)

New Data from FPI: Refugee Placement by Metro Area and Locality

November 6, 2017.

Until recently, refugee resettlement was something the United States took on quietly and with a justified sense of pride. Even as immigration policy became a controversial issue, refugee resettlement was generally kept out of the fray.

More recently, refugee resettlement has become a focus of uneasy attention. With the refugee ban that was implemented by the Trump administration in the beginning of his term and the decision to cut resettlement numbers in half, it is more important … (read more)

Progressive Organizations Join Together to Urge Opposition to ConCon

Press Release

For Immediate Release:                                           Contact:

October 30, 2017                                                        Ron Deutsch, Fiscal Policy Institute

(518) 469-6769

Progressive Organizations Join Together to Urge Opposition to ConCon

The Risk is Simply Too Great

 Progressive organizations from across New York State joined together today to voice their opposition to a Constitutional Convention.  The groups suggested that for virtually all New Yorkers, there is simply more to lose than to gain by holding a Constitutional Convention. The groups highlighted multiple concerns with the rigged … (read more)

GOP Plan to Scrap Tax Deduction Would Hurt New York, Lawmakers Say

10/26/2017. This article discuss how experts, congressional lawmakers and advocates warn that the impact of repealing a popular state and local tax deduction would be felt by the middle class in New York City and the rest of the state, which has one of the highest tax burdens in the country.

“New York City would definitely be hit the hardest in New York State,” Ron Deutsch, executive director of the Fiscal Policy Institute, an Albany-based nonpartisan think tank, told … (read more)

After Health Care Bill Fails, NY Still Faces Questions

September 28, 2017. This article discusses the uncertainty surrounding the federal government and potential cuts to New York, which could run as high as $17 billion.

According to the article, The latest push to repeal and replace broad aspects of the Affordable Care Act has failed, at least for now. Advocates opposed to the bill aren’t sure they’ve heard the last from it. “This bill is a lot like Frankenstein’s monster,” said Ron Deutsch of the Fiscal Policy Institute. “It … (read more)

Senior Budget and Policy Analyst

The Senior Budget and Policy Analyst will lead work in a range of policy areas of importance to the Fiscal Policy Institute. He or she will produce timely, comprehensible, and reliable research. A central part of the job will be leading FPI’s research analyzing state budget proposals in real time every January to April. The right candidate will have strong policy analysis skills, will work well independently and in teams, and will be able to communicate information effectively to diverse … (read more)

Ellen Teller and Ron Deutsch Discuss Impact from Budget Cuts on Social Services

September 12, 2017. Activists gathered in Albany on Monday to discuss the impact of budget cuts on social services. Ellen Teller, Director of Government Affairs at the Food Research and Action Center, and Ron Deutsch, Executive Director of the Fiscal Policy Institute, broke down the impact it would have on New York and the nation.

Access to the full podcast can be found HERE.… (read more)

Cassidy-Graham Bill Would Deeply Cut Health Coverage Funding for New York

For Immediate Release

August 24, 2017                   

Media Contact: Ron Deutsch, Executive Director, FPI

518-469-6769 

Cassidy-Graham Bill Would Deeply Cut Health Coverage Funding for New York

New York Faces Deepest Cuts of All States

(Albany, NY)— A new Affordable Care Act (ACA) repeal bill would cut New York’s federal funding by $22 billion for health coverage by 2026, according to a new report by the Center on Budget and Policy Priorities based in Washington DC. New York would be the hardest-hit … (read more)

New York’s Public Colleges: An Engine for Economic Mobility

August 23, 2017

Brent Kramer, PhD, Senior Economist

kramer@fiscalpolicy.org

 

Public Colleges Lift Low-Income Students Into the Middle Class Investing in Public Colleges Essential to Boost Economic Mobility

Earning a four-year college degree is now considered essential for achieving a “middle-class” lifestyle, even as many new graduates have trouble landing good, full-time jobs in a weak labor market. Despite the weak labor market, graduates still have better chances of finding good jobs than do their peers without degrees.

The Fiscal … (read more)

Uphill Employment Battle for New York’s Recent College Graduates

Brent Kramer, PhD, Senior Economist

Kramer@fiscalpolicy.org
August 3, 2017

 

ALBANY, New York – In today’s post-Great Recession environment, student loan debt has reached all-time highs, and more young adults are living at home longer, and are unable to purchase homes, cars, and other assets because of persistent unemployment or underemployment. Many young would-be workers are forgoing the job market altogether, and returning to school or taking unpaid internships in hopes of breaking into their respective fields.

Eight years after … (read more)