Income distribution, inequality and poverty

Legislators & Advocates Call for Working Family Tax Credits to Fight Childhood Poverty

On many levels, New York is an affluent state with high median incomes, quality schools, and prosperous corporations, but as the United Way reports, 45 percent of households in NYS cannot afford basic necessities.  As evidenced by the United Way of New York’s comprehensive, data-driven ALICE (Asset Limited, Income Constrained, Employed) report, relying on the federal poverty guidelines is a poor measure – it is clear that while struggling working families may be above the poverty line, they are far … (read more)

Report: Nearly Half of New York Renting Families Are Rent-Burdened

April 29, 2019. Families should pay no more than 30 percent of their income for rent according to housing advocates. Many public agencies set their support levels to meet this standard. Unfortunately, we find that across New York State, and in some of its major cities, significant shares of families are paying more than 30 percent of their income in rent. This is especially true among families of color. Severe rent burdens can badly reduce families’ ability to pay for … (read more)

Press Release: 30th Annual Peoples State of the State

For Immediate Release: January 8, 2019

Media Contact: Susan Zimet, Hunger Action Network of NYS, 845-527-5309 susanzimet@gmail.com Ron Deutsch, Fiscal Policy Institute, 518-469-6769 deutsch@fiscalpolicy.org

30th Peoples State of the State The New Hope Budget New Politics, New Action, New Budget

(Albany, NY) Today’s Peoples State of the State address marks the 30th year that advocates from across New York State joined together for what has become the long standing “unofficial” kickoff of the legislative session in Albany. However, … (read more)

Brief- Ranked Choice Voting: Saving Money While Improving Elections

Ranked Choice Voting: Saving Money While Improving Elections

June 28, 2018. The New York City Charter Review Commission is currently reviewing several proposals for changes to the charter. The proposal for ranked choice voting, also known as instant runoff voting, has garnered a good deal of enthusiasm around the city, but some questions have been raised about what the cost of such a system might be. The Fiscal Policy Institute examined this question, and our conclusion is that there would … (read more)

New York’s Rent Affordability Crisis Hits Families of Color the Hardest

The United States and New York are in the midst of an affordable housing crisis. Nearly 11 million American households pay over half of their income in rent despite the fact that the Department of Housing and Urban Development (HUD) defines “affordable housing” as housing costing below 30 percent of a family’s income for rent. If a family pays more than 30 percent of their income on rent, they are considered “rent burdened.”

In New York State, the affordable housing … (read more)

Wealthy Inequality Forum at Caffé Lena on March 27th

“What Wealth Inequality Looks Like in Our Community,” an interactive program, will take place from 6 to 8:30 p.m. Tuesday, March 27, at Caffé Lena, Phila Street, Saratoga Springs.

Please join the Fiscal Policy Institute’s Ron Deutsch and others in discussing issues like food insecurity, poverty, and the impact of the federal administration’s changes on New York.

For more information, see the event page on the Times Union.… (read more)

New York State Economic and Fiscal Outlook FY 2019

February 15, 2018. In its 28th annual New York State budget briefing book, the Fiscal Policy Institute analyzes and comments on Governor Andrew Cuomo’s FY 2019 Executive Budget.

The Trump Administration’s tax law, looming federal budget cuts, multi-billion-dollar state budget deficits, glaring unmet human and physical infrastructure needs throughout the state…this year’s New York State budget negotiations are taking shape against a worrisome and uncertain backdrop. The president and congress are threatening to dismantle decades-old federal entitlement programs, make … (read more)

Pros, Cons of Voting for a Constitutional Convention

November 2, 2017. On Election Day, New York’s voters will have their first opportunity in 20 years to call for a state constitutional convention via ballot proposition. Nearly 100 Capital District voters packed the auditorium at the Guilderland Public Library last Tuesday night for a panel discussion titled “Would New York State Benefit from a Constitutional Convention?” The event, co-presented by the League of Women Voters of Albany County and the Women’s Press Club of New York State, was … (read more)

Ron Deutsch and Susan Welber Urge No Vote on the Constitutional Convention Question

October 30, 2017. There is just over a week left until New Yorkers head to the polls. Ron Deutsch, Executive Director of the Fiscal Policy Institute, and Susan Welber, Staff Attorney at The Legal Aid Society, weighed in on why they are urging a no vote on Ballot Question One, the Constitutional Convention Question.

 

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

Congestion Pricing “vs.” Millionaire’s Tax: Why Not Do Both?

October 30, 2017.

Here’s a story you don’t hear every day: in the latest spat between Governor Andrew Cuomo and New York City Mayor De Blasio, both of them are right. Congestion pricing, the governor’s proposal, and a surcharge to the millionaire’s tax, the mayor’s proposal, are both good ideas.

The not-so-secret feuding between the governor and the mayor has not served New Yorkers well. From the serious to the petty, the two Democrats don’t seem to be able … (read more)