Press Releases

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

For Immediate Release: April 10, 2019 Media Contact: communications@fiscalpolicy.org, 518-786-3156 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 proposal would strengthen the highly successful Earned Income Tax Credit (EITC) [...]

Fiscal Policy Institute2024-12-18T12:24:40-05:00April 10th, 2019|Press Releases|

Fiscal Policy Institute Response to the 2019-2020 Adopted Budget

Fiscal Policy Institute Response to the 2019-2020 Adopted Budget 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 sales tax from internet marketplace [...]

Fiscal Policy Institute2024-12-18T12:24:41-05:00April 1st, 2019|Press Releases, State Budget|

Fiscal Policy Institute Releases Analysis in Support of Proposed Pied-à-Terre Tax

For Immediate Release: March 26, 2019 Media Contact: communications@fiscalpolicy.org, 518-786-3156 Fiscal Policy Institute Releases Analysis in Support of Proposed Pied-à-Terre Tax 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 as a way to ensure that wealthy non-residents pay their fair share of local taxes, and as a way to re-orient the local real estate market around housing [...]

Fiscal Policy Institute2024-12-18T12:24:42-05:00March 26th, 2019|Press Releases, Tax Policy|

Press Release: Legislators, Fiscal Watchdog, Children and Social Justice Advocates and Faith Leaders Urge NY to Take Real Steps To Address Child Poverty and Provide Tax Relief to Low Income Families by Strengthening NY’s EITC and Child Tax Credit

For Immediate Release: March 11, 2019 Media Contact: communications@fiscalpolicy.org, 518-786-3156 Legislators, Fiscal Watchdog, Children and Social Justice Advocates and Faith Leaders Urge NY to Take Real Steps To Address Child Poverty and Provide Tax Relief to Low Income Families by Strengthening NY’s EITC and Child Tax Credit Albany, NY. Lawmakers and advocates urge New York to act this year to address our child poverty epidemic. More than one in five NY children live in poverty; with that rate rising to nearly one in three among [...]

Fiscal Policy Institute2024-12-18T12:25:36-05:00March 11th, 2019|Blog, Press Releases, Tax Policy|

Legislative Leaders Stand with Refugee Resettlement Agencies and Allies

Legislative Leaders Stand with Refugee Resettlement Agencies and Allies in Seeking $4.5 Million in FY 2020 Budget For Immediate Release: February 26, 2019 Media Contact: communications@fiscalpolicy.org, 518-786-3156 Assemblymembers Sean Ryan, Pat Fahy, and Marianne Buttenschon stood in the Capitol today with all 14 of the refugee resettlement agencies in the New York State Enhanced Services to Refugees Program (NYSESRP), the Fiscal Policy Institute, and the New York Immigration Coalition to recognize the success of NYSESRP and to urge that it be funded at $4.5 million in [...]

Fiscal Policy Institute2024-12-18T12:25:37-05:00February 26th, 2019|Press Releases|

FPI Supports Bill to End Company-Specific Subsidies

February 20, 2019. Senator Julia Salazar and Assemblymember Ron Kim were joined by Senator Michael Gianaris, the Fiscal Policy Institute, and community-based organizations as they introduced new legislation to end corporate welfare packages. The proposed bill would enact a collective agreement between all states that join, an interstate compact, to end the costly Race to the Bottom between different cities and states, which has cost many of them billions annually in taxpayers’ money for several decades. The legislation can be viewed here. “When states compete against each [...]

Fiscal Policy Institute2024-12-18T12:25:38-05:00February 20th, 2019|Press Releases|

Driving Together: Benefits of Allowing All New Yorkers to Apply for Licenses

February 15, 2019. Suddenly, with a new legislature in office, New York is poised to join 12 other states plus Puerto Rico and D.C. and allow undocumented immigrants to apply for driver’s licenses.A report by the Fiscal Policy Institute (FPI) estimates that 265,000 undocumented immigrants statewide would obtain driver’s licenses, including 64,000 north of New York City and 51,000 on Long Island. FPI also estimates that $57 million in annual revenue and $26 million in one-time revenue would be generated from the purchase of driver’s [...]

Fiscal Policy Institute2024-12-18T12:25:38-05:00February 15th, 2019|Blog, Migration, Press Releases, Reports, Briefs and Presentations|

Press Release: Patriotic Millionaires and Advocates Call Upon State to Raise Revenues from the Wealthy to Support Critical Services

For Immediate Release: February 12, 2019 Media Contact: communications@fiscalpolicy.org, 518-786-3156 Patriotic Millionaires and Advocates Call Upon State to Raise Revenues from the Wealthy to Support Critical Services Albany, NY. Patriotic Millionaires Chairman Morris Pearl joined numerous organizations from across the state outside the Joint Legislative Hearing on Taxes, to urge our elected officials to raise additional revenues by asking the wealthiest New Yorkers to pay a little more. Far too many New Yorkers have been left behind in this economic recovery, while the number of [...]

Fiscal Policy Institute2024-12-18T12:25:38-05:00February 12th, 2019|Press Releases, State Budget|

Lawmakers & Advocates to Cuomo: Where is the Census Funding Report Due in January?

Senators Question Why 2018 Law Establishing NYS Complete Count Commission Was Never Created and Status of Missing Report on Funding Recommendations New York is Projected to be the Only State to Lose 2 Congressional Seats ALBANY, NEW YORK (2/6/2019) – Today, members of the New York State Senate Majority and advocates called into question why Governor Cuomo failed to convene the 2020 Census Complete Count Commission required by legislation he signed into law in March of 2018, and want to know the status of a [...]

Fiscal Policy Institute2024-12-18T12:25:39-05:00February 7th, 2019|Press Releases|

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, this year brings a whole new balance [...]

Fiscal Policy Institute2024-12-18T12:25:39-05:00January 8th, 2019|Press Releases|

Press Release: New Report Reveals How NY Economic Development Funds Shortchange Communities of Color

FOR IMMEDIATE RELEASE August 2, 2018 Media Contact Yatziri Tovar, yatziri.tovar@maketheroadny.org, 917-771-2818 Ron Deutsch, deutsch@fiscalpolicy.org, 518-469-6769 New Report Reveals How NY Economic Development Funds Shortchange Communities of Color Report released today by Make the Road New York & the Fiscal Policy Institute shows white males massively overrepresented on Regional Councils and funding for communities of color drastically less than for white communities. See the press release letter here. New York, NY (August 2nd, 2018)—Today, Make the Road New York, the Fiscal Policy Institute, New York Communities [...]

Fiscal Policy Institute2024-12-18T12:25:43-05:00August 2nd, 2018|Economic Trends & Policy, Press Releases|

Progressive Groups, Government and Budget Watchdogs Call On Assembly Speaker Heastie to Allow Vote on Database of Deals and Comptroller’s Procurement Integrity Act

Contact: Ron Deutsch, Fiscal Policy Institute, 518-469-6769 John Kaehny, Reinvent Albany, 917-941-9865 Jessica Wisneski, Citizen Action of New York, 845-901-0264 Jasmine Gripper, Alliance for Quality Education, 347-301-6277 Ethan Geringer-Sameth, Citizens Union; 914-715-0887 Susan Lerner, Common Cause New York; 917-670-5670 Jennifer Wilson, League of Women Voters NYS; 518-465-4162 Blair Horner, NYPIRG; 518-727-4506 Michael Kink, Strong Economy for All, 518-527-2787 Progressive Groups, Government and Budget Watchdogs Call On Assembly Speaker Heastie to Allow Vote on Database of Deals and Comptroller’s Procurement Integrity Act Bills have already passed [...]

Fiscal Policy Institute2024-12-18T12:26:11-05:00June 7th, 2018|Economic Trends & Policy, Press Releases|

75 New York State Organizations Call on Congress to Oppose Federal Budget Cuts to Critical Programs

FOR IMMEDIATE RELEASE May 10, 2018 Media Contact: Ron Deutsch, Executive Director of FPI 518-469-6769 / deutsch@fiscalpolicy.org 75 New York State Organizations Call on Congress to Oppose Federal Budget Cuts to Critical Programs Group urges Congress to reject a Farm Bill that takes food off the tables of needy Americans See the release of the letter here (New York, NY) – On May 10, 2018, the New York Federal Budget Response Team submitted a letter on behalf of 75 service providers and advocacy organizations (listed below) asking [...]

Fiscal Policy Institute2024-12-18T12:26:12-05:00May 10th, 2018|Press Releases|

Congresswoman Nydia Velázquez Stood Alongside Nonprofits In Opposition To President Trump And Congressional Republicans’ Harmful Cuts To The Social Safety Net

FOR IMMEDIATE RELEASE April 30, 2018 Media Contact: Ron Deutsch, Executive Director of FPI 518-469-6769 / deutsch@fiscalpolicy.org Congresswoman Nydia Velázquez Stood Alongside Nonprofits In Opposition To President Trump And Congressional Republicans’ Harmful Cuts To The Social Safety Net Group calls on Congress to reject a Farm Bill that takes food off the tables of needy Americans when they return from recess See the full press release here New York, NY. - On April 30, 2018, Congresswoman Nydia Velázquez stood alongside nonprofit service providers on the Steps [...]

Fiscal Policy Institute2024-12-18T12:26:13-05:00April 30th, 2018|Press Releases|