Reports, briefs and presentations

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

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)

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

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

 

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 … (read more)

Reworking New York State’s Family Tax Credits

March 8, 2019. The human costs of child poverty are staggering. Experiencing poverty as a child – even for short stints – can impair brain development, physical and mental health, and academic achievement, and increase the possibility of child welfare involvement.  And the impacts can last a lifetime.  Childhood poverty is the single best predictor of adult poverty.

Child poverty also imposes extraordinary economic costs to the state.  A report just issued by the National Academies of Sciences, Engineering, and … (read more)

New York’s Pathway to Shared Prosperity: Economic and Fiscal Outlook for FY 2020

February 12th, 2019. 

The Fiscal Policy Institute released its 29th annual New York State budget briefing book, New York’s Pathway to Shared Prosperity: Economic and Fiscal Outlook for FY 2020. FPI’s budget briefing book analyzes the Governor’s FY 2020 Executive Budget and makes policy recommendations that would benefit all New Yorkers in the areas of taxes, human services, immigration, education, and more.

This slideshow requires JavaScript.

 

You can find the sections of the report below:

(read more)

Automatic Voter Registration: Good for Democracy and Sound Fiscal Sense

February 11, 2019. New York is in many ways thought of as a progressive state, but in terms of the basic democratic function of voting we are far behind most of the country. In voter registration, for instance, New York ranks 46th out of 50 states in share of citizens over 18 years old who are registered to vote.

Automatic Voter Registration is a solution being currently considered that would leave far fewer people behind. As with any new proposal, … (read more)

Census 2020: NYS Should Invest $40 Million to Fund Community Outreach

October 30, 2018. 

In a new report, the Fiscal Policy Insititute details the resources community-based groups will require to maximize participation in the 2020 Census among “hard to count” residents across New York State. FPI proposes that the governor and legislature include $40 million in next year’s state budget for community-based organizations to do outreach around the 2020 Census. FPI notes that this should be in addition to whatever funds the state commits to its own outreach and media campaigns … (read more)

FPI Estimates Human & Economic Impacts of Public Charge Rule: 24 Million Would Experience Chilling Effects

October 10, 2018. Today, the Trump Administration published its proposed reinterpretation of a previously arcane rule, known as “public charge.” The new interpretation would radically restrict access to green cards and various types of visas for immigrants who do not have a high enough income, or who have used public health, food, or housing supports they are otherwise qualified to receive. Without input from Congress, the Trump Rule would fundamentally change this country’s approach to immigration, making income and use … (read more)

Anchor Institutions: Refugee Resettlement Agencies

September 11, 2018. The Trump administration’s decision to decrease the number of refugees admitted and in general slow down the refugee resettlement process means that only a trickle of refugees are coming into the United States. As FPI noted in our recent reporton refugee employment, the United States is on track to resettle just 20,000 refugees in 2018, down from 97,000 in 2016.

This is a tragedy for refugees, who languish in resettlement camps or live in horrific danger. … (read more)

New York’s Economic Spending Shortchanges Nonwhite Communities, Report Says

August 2, 2018. This article discusses a new report written by The Fiscal Policy Institute and Make the Road New York which shows that areas with a higher concentration of people of color across New York State are awarded less than their fair share of economic development funds. Additionally this study found that white males are massively overrepresented on the Regional Economic Development Councils which allocate these funds.

“The regional council competition is one of the largest sources of economic … (read more)

Brief: New York State’s Continuing Tax Reform: governor’s unincorporated business income tax proposal

July 16, 2018.The State of New York continues to evaluate possible adjustments to its tax system in response to the federal Tax Cuts and Jobs Act of 2017 (TCJA). Governor Cuomo proposed the idea of a statewide unincorporated business income tax (UBT) in early 2018. Perhaps due to the complexity involved, the UBT did not make it into the state budget package along with the other response measures: a payroll tax workaround, decoupling of rules for itemized deductions and … (read more)