NYS budget

Transfer Authority: The Governor and the New York State Budget

February 8, 2012. WBAI Evening News: Andrea Sears of WBAI interviews FPI Executive Director Frank Mauro, about the provision that Governor Cuomo has included in his 2012-2013 State Operations and Capital Projects appropriations bills, proposing to give unprecedented powers to the Governor’s Budget Director to redirect funds from many state agency appropriations to other agencies and public authorities, even off-budget public authorities. The interview with Mauro is 6.5 minutes long and starts at 3:28 of this clip from the WBAI … (read more)

Testimony on the 2012-2013 Executive Budget

February 6, 2012. Testimony presented by Frank Mauro, Executive Director of the Fiscal Policy Institute,to the Senate Finance and Assembly Ways & Means Committees’ Public Hearing on the 2012-2013 Executive Budget.… (read more)

New York State’s Economic and Fiscal Outlook for 2012-2013

January 31, 2012. The Fiscal Policy Institute’s 22nd annual budget briefing. Briefing book >>(read more)

Sizing up the Governor’s Proposed 2012-2013 Executive Budget in its Economic Context

January 19, 2012. A briefing document by James A. Parrott, Ph.D., Deputy Director and Chief Economist, Fiscal Policy Institute.… (read more)

Coalition calls on Governor and Legislature to close corporate tax loopholes and level the playing field for small business

January 9, 2012. A coalition of community, labor, student, faith and Occupy organizations gathered to release a list of corporate tax dodgers and to announce their campaign to bring fairness and transparency to New York’s corporate tax system. The group, which formed last year to work on the “millionaires tax” and personal income tax reform, is calling on Governor Cuomo and the Legislature to close corporate tax loopholes, thereby raising over one billion dollars for this year’s state budget. The … (read more)

Reforming the New York Tax Code

December 5, 2011. Consistent with Governor Cuomo’s call for a tax system that is fairer and more affordable while helping to put more New Yorkers back to work, this report presents a “top 1%” progressive income tax plan. The plan raises less revenue than the current “millionaires tax,” but enough revenue to avoid job-killing budget cuts, make job-creating investments, and provide middle class tax relief. The proposed progressive bracket structure would apply to taxpayers with incomes above $665,000, the estimated … (read more)

Fairer taxes, more jobs: Gov. Cuomo needs to look out for the unemployed

December 4, 2011. An op ed by James Parrott and Frank Mauro, New York Daily News. New York is in a state of inequality. But we can balance the budget, provide real middle class tax relief and a boost to job creation, all through sensible income tax reform.… (read more)

New group calls for boosting New York mass transit manufacturing

October 11, 2011. Enhanced MTA investments could create good jobs and bolster New York’s recovery. While unemployment news remains bleak across the state and country, a recently released white paper, Building New York’s Future: Creating Jobs and Business Opportunities Through Mass Transit Investments, points to the benefits of a broad transit manufacturing strategy. A new group – Building New York’s Future – has formed with the mission of developing and implementing a mass-transit related economic development strategy, building political … (read more)

Building New York’s Future: Creating Jobs and Business Opportunities Through Mass Transit Investments

September 27, 2011. This white paper finds that as New York comes out of the most severe economic downturn since the Great Depression, the state can and should pursue a mass transit-related manufacturing strategy, positioning itself as a leader in sustainable transportation while creating good, middle class jobs for New Yorkers. Working toward broad political commitment and securing adequate funding for New York’s transit authorities’ capital and operating budgets, and for national mass transit infrastructure, are necessary complements.… (read more)

Governor Cuomo’s Fiscal Policies: How Will New York’s Economy Be Affected?

June 24, 2011. Governor Cuomo won a great political victory in getting his 2011-2012 budget adopted on time and with very few changes. And it now looks like the Legislature will be enacting – again with very few changes – the very tight cap on property tax levies that the Governor spelled out during his 2010 campaign. This brief examines how the New York economy fared, compared to other states, under the more balanced fiscal policies of recent years. But … (read more)