2008

Broad-based coalition unites to oppose arbitrary property tax cap

June 10, 2008. In a joint press release, representatives of a diverse group of organizations summarized the key shortcomings of property tax caps like the proposal advanced by Gov. David Paterson. The coalition members argued that New York needs property tax relief, but that an artificial cap would harm educational programs and doom efforts to close the achievement gap. Read the release >>(read more)

Testimony on Proposed Legislation Addressing Real Property Taxation Issues

June 2, 2008. Presented by FPI Executive Director Frank Mauro to the Senate Standing Committee on Local Government and Assembly Standing Committee on Real Property Taxation. The Middle Class STAR rebate program is better targeted than the original STAR program in that in takes income into consideration. However, Middle Class STAR is still not efficient and equitable property tax relief, since it does not take the size of a homeowner’s property tax bill into consideration and it is still based … (read more)

Community Development Done Right

May 29, 2008. A column by David Dyssegaard Kallick, New York Metro.… (read more)

The Economics of Low Income Energy Assistance in New York – No Wonder They Call Economics the “Dismal” Science

May 20, 2008.  A presentation by FPI senior economist Trudi Renwick and Gerald Norlander of the Public Utility Law Project of New York, prepared for NYSERDA’s 2008 Low-Income Forum on Energy (LIFE). With prices for power and heating fuel rising faster than wages or assistance – against a backdrop of widespread poverty in upstate cities – the situation is grim for low-income families. Renwick and Norlander lay out specific standards for reform of assistance programs.… (read more)

The Role of Worker Notification in a New Economic Strategy for New York

May 19, 2008. In response to the plant closures and mass layoffs of the 1980s, Congress enacted the Worker Adjustment and Retraining Notification (WARN) Act. However, the legislation covers only larger businesses, and lacks an enforcement mechanism. Several states (CA, IL, NJ) have adopted their own WARN legislation. This brief argues that such legislation in New York would benefit not only the upstate economy but also the downstate economy now being buffeted by massive layoffs in the financial sector.… (read more)

Unions Make a Big Difference for Low-Wage Workers

May 15, 2008. A new report from the Center for Economic and Policy Research analyzes Current Population Survey data from the Census Bureau and finds that workers represented by a union have higher wages, especially at the low end of the scale. Press release with New York specific data >>

“Too often, people think there’s not much we can do to reverse polarization in our economy. Here’s clear evidence that unionization helps: it raises wages for all workers, and it … (read more)

2008 Conference on State Taxation

May 14, 2008. Senior economist Trudi Renwick  participated in a panel discussion of property tax reform at the 2008 Conference on State Taxation sponsored by the Business Council of New York State and held in Saratoga Springs. Presentation >>(read more)

Fed Directive Threatens to Cut Funds for New York Children’s Health Coverag

May 6, 2008. A report from the Center for Children and Families at Georgetown University shows that the Bush administration bypassed Congress to issue a directive that will cut children’s health insurance funding in New York – at a time when residents and taxpayers can ill afford it. Report co-released by FPI, New York Children’s Action Network and Medicaid Matters New York. Press release >>(read more)

The 2008-2009 Enacted Budget and the Property Tax Commission

May 5, 2008. Senior economist Trudi Renwick discussed property taxes and the enacted state budget in a presentation to the Long Island Federation of Labor.… (read more)

The Economic Situation of New York City’s Low- and Moderate-Income Households

May 2, 2008. Testimony presented by chief economist James Parrott to the Rent Guidelines Board: a picture of a shallow recovery, high housing cost burdens and a shrinking middle class – plus a local economy in recession.… (read more)