Income distribution, inequality and poverty

Fines and Fees: Raising Revenue at the Community’s Expense

As New York State looks toward restarting the economy in the wake of COVID-19, a new report from the Fiscal Policy Institute (FPI) warns local governments not to rush to build revenue through the use of fines and fees – a long-standing, inequitable source of funding primarily drawn from low-income communities and communities of color.

Between 2010 and 2017, 31 city governments, out of 62, in New York State reported an increase in expected fine revenue in their annual budgets, … (read more)

Report: Spotlight on NY’s Essential Workers

The coronavirus crisis has put a new focus on “essential workers,”  people who are bringing deliveries to our homes, working in supermarkets and convenience stores, keeping the public transportation system functioning, providing social services and childcare, and working in the healthcare industry.

These essential workers have always played a critical role in keeping our communities running. At a time when many streets are eerily empty, however, we can see all the more clearly who is still out there making sure … (read more)

Don’t Let the Pandemic Shortchange Our State Budget Process

For Immediate Release: March 31, 2020

 

(Albany, NY) Today the Fiscal Policy Institute (FPI) released a set of recommendations to safeguard New York’s budget process and ensure a just budget for all. Predictions of a budget shortfall preceded the unforeseen economic impact of the pandemic and FPI urged leadership to think beyond the continued use of the same austerity budget measures put in place year after year. Now, faced with the urgent needs of our community members, FPI urges … (read more)

Join Us for Tax Justice NY!

You are invited to FPI’s new FREE event”Tax Justice NY: Moving from Austerity to Prosperity” in Albany on Monday, December 9th, from 11:30 am – 2:30 pm in Meeting Room 5, Empire State Plaza. Our state’s tax policy is a tool we can all use to eliminate existing racial, ethnic, and gender inequities and increase economic equality for all New Yorkers.  We are excited to partner with state and national advocacy organizations to bring these informative and energizing panel discussions … (read more)

Media Roundup: Working Families Tax Relief Act

More than 6.5 million New York State residents would directly benefit from the Working Families Tax Relief Act (WFTRA) which would provide tax credits and tax reductions to struggling workers and their families. WFTRA would expand the Earned Income Tax Credit (EITC) for families with children and strengthen it for workers not raising children. The legislation would also make the Child Tax Credit (CTC) refundable, allowing children in families with lower incomes to fully benefit from the program.

Learn more … (read more)

Our Federal Tax Policy Can Strengthen NYS Communities

We can use federal tax policy to help struggling New Yorkers and support local communities with the Working Families Tax Relief Act (WFTRA). More than 6.5 million New York State residents would directly benefit from WFTRA’s tax credits and tax reductions to boost incomes – especially helpful as most workers have seen their wages stagnate. WFTRA would expand the Earned Income Tax Credit (EITC) for families with children and strengthen it for workers not raising children. The legislation would also … (read more)

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)