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)

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)

Strengthening the Earned Income Tax Credit and Child Care Credit Boosts New York’s Working Families

PRESS RELEASE

 For Immediate Release:  May 30, 2019

Contact: Dede Hill, Director of Policy, Schuyler Center for Analysis and Advocacy

(518) 879-6616 / dhill@scaany.org

Ron Deutsch, Executive Director, Fiscal Policy Institute (518) 469-6769 / deutsch@fiscalpolicy.org

Pete Nabozny, The Children’s Agenda (518) 929-1264 / pete@thechildrensagenda.org

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

Strengthening the Earned Income Tax Credit and Child … (read more)

For Immediate Release: April 10, 2019

Media Contact: Fern Whyland, Communications Director, whyland@fiscalpolicy.org, 315-436-0558

New Proposal Gives Needed Boost to New York’s Working Families

(Albany, NY) New York’s Fiscal Policy Institute welcomed Senator Chuck Schumer and Senator Kirsten Gillibrand’s sponsorship of the Working Families Tax Relief Act– legislation that would begin to fix our tax laws to help working people with low-wage jobs make ends meet as they work to support themselves and their families. Introduced today the … (read more)

Read FPI’s comprehensive overview of the NYS budget.

Revenues

This year’s budget raises revenues from a number of different areas, and does so through a number of well-founded approaches. The Fiscal Policy Institute supports the newly enacted luxury real estate tax, which makes property taxes more progressive. We support congestion pricing, which will raise needed revenues for the transit system while reducing traffic in Manhattan. And we support the collection of … (read more)

For Immediate Release: March 26, 2019

Contact:

Jonas J.N. Shaende PhD, Chief Economist, Fiscal Policy Institute – 212.721.5624 | jshaende@fiscalpolicy.org Ron Deutsch, Executive Director, Fiscal Policy Institute – 518.469.6769 | deutsch@fiscalpolicy.org

Report and Analysis here. A PIED-À-TERRE TAX IS A TAX ON HIGH-VALUE LUXURY RESIDENTIAL PROPERTY that is not used by its owners as a primary residence. This type of tax has become increasingly common around the world … (read more)

For Immediate Release: March 11, 2019

Media Contact:

Dede Hill, Director of Policy, Schuyler Center for Analysis and Advocacy – (518) 879-6616 | dhill@scaany.org Ron Deutsch, Executive Director, Fiscal Policy Institute – (518) 469-6769 | deutsch@fiscalpolicy.org Pete Nabozny, The Children’s Agenda – (518) 929-1264 | pete@thechildrensagenda.org

March 4, 2019. As New York lawmakers struggle over the proposed 2020 state budget, these are some of the issues that have prompted two organizations to partner for an awareness campaign that’s taking them throughout the state. Ron Deutsch, executive director of the Fiscal Policy Institute, Latham, and the Rev. Peter M. Cook, executive director of the state Council of Churches, are on a three-week tour of communities, large and small.

“We believe things have been askew,” Mr. Deutsch said. … (read more)

On Monday morning, March 4th, 2019, the Fiscal Policy Institute will present its twenty-ninth annual budget briefing at the Community Service Society (633 Third Avenue, 10th Floor, New York, NY 10017). Please bring photo ID for lobby security.

A complimentary breakfast and check-in will begin at 8:30 a.m. Our presentation begins at 9:30 a.m. and ends at 10:30 a.m. We hope that you and/or members of your staff will be able to join us for what we are … (read more)