2013

New York is Second to Massachusetts in Reducing its Uninsurance Rate Over the Past Decade

September 19, 2013. The percentage of New Yorkers without health insurance dropped for the second year in a row from 12.2 percent in 2011 to 11.3 percent in 2012 (+/- .5 percent) according to estimates released by the Census Bureau two days ago. Overall, the number of people without health care coverage across the state dropped to approximately 2.2 million people in 2012.

Moreover, New York was one of only four states that had a statistically significant reduction in the … (read more)

Tax Reformers Urge Governor and Legislature to Take the Politics out of the Tax Debate—And Give the Public a Voice!

September 4, 2013. Statewide tax reform groups and activists from across New York State gathered at the State Capitol today to urge the Governor and the State Senate to “shed a little sunshine” on the tax reform debates that have left many New Yorkers “out in the cold.”

The NYS Senate (through its Finance Committee, and its Investigations and Government Operations Committees) is holding “Invitation Only” hearings across the state to “Review Existing Tax Policy and Discuss Reform Initiatives” and … (read more)

FPI Testimony at Senate Hearing Urges Balanced Approach to Tax Reform

September 4, 2013. In testimony before the Senate Standing Committee on Finance and the Senate Committee on Investigations and Government Operations, Frank Mauro, FPI’s Executive Director, expressed support for a thorough review of the tax system from a number of perspectives.  He indicated that back in December 2011, Governor Cuomo and the legislative leaders joined in calling for a thorough review of the fairness of the New York tax system and agreed that fairness is one important basis for evaluating … (read more)

State of Working New York 2013: Workers Are Paying a High Price for Persistent Unemployment

August 28, 2013. New York workers are paying a high price for persistent unemployment four years into the weakest recovery since the Great Depression, according to the Fiscal Policy Institute’s (FPI) 2013 edition of The State of Working New York. The report notes that in addition to lost job opportunities and health benefits, New York workers are suffering from prolonged periods of joblessness, and high rates of underemployment (or “hidden unemployment”), reflecting more discouraged workers who have given up … (read more)

Investing in education will build a stronger New York economy

August 22, 2013. The best way for New York State to grow its economy is by expanding investment in a well-educated workforce, according to a new study published by Economic Policy Institute for the Economic Analysis and Research Network (EARN). EARN is a network of 61 state and local economic think tanks and 25 national partners founded by the Economic Policy Institute and several other state and national groups, including the Fiscal Policy Institute.

In A Well Educated Workforce (read more)

Patterns of Income Polarization in New York City

August 13, 2013. “Patterns of Income Polarization in New York City,” is a presentation given by James Parrott at a session of the American Sociological Association Annual Meeting held in New York City.… (read more)

The Next NYC Mayor’s Biggest Economic Challenge: Promoting Equitable Growth

August 12, 2013. “Promoting Equitable Growth” was the answer FPI’s James Parrott gave to the question, “What is the biggest economic challenge facing the next mayor of New York City?” Parrott’s response appeared recently in The New York Times’ “Room for Debate” on-line feature. Noting that income polarization is “America’s greatest challenge,” Parrott proposed that “The next mayor needs to infuse a growth agenda with recognition that more New Yorkers should share in the prosperity that results when individual efforts … (read more)

Insulting a Poem, and our Heritage (A Daily News Op-Ed)

July 14, 2013. In an op-ed for the Daily News, by David Dyssegaard Kallick takes on the ways Emma Lazarus’s famous poem (“give me your tired, your poor…”) has distorted in recent media stories about immigration, and brings the debate back to America’s roots.

“Give me your tired, your poor . . . If there’s room after more Ph.D.s,” is the headline from a recent article in TechCrunch, which goes on to explain Congress’ “awe-inspiring consensus over its support for … (read more)

New Report Models Immigration Reform’s Effect on State and Local Taxes

July 10, 2013. This morning, the Institute on Economic and Tax Policy (ITEP) released a report that estimates that unauthorized immigrants currently pay $744 million in state and local taxes in New York State, a number that would increase to $968 million if these same immigrants were granted legal status. The share of family income paid in state and local taxes would increase from 7.1 percent to 8.4 percent.

In this new report, ITEP takes an analysis it first did … (read more)

“Tax-Free NY” is now “Start-Up NY” – Still Bad Tax Policy, Still Bad Economic Development Policy

July 9, 2013. Despite the concerns raised by economists across the political spectrum, a somewhat revised version (A. 8113 and S. 5903) of Governor Cuomo’s “Tax-Free New York” proposal was introduced on June 20, 2013, passed by both houses of the Legislature on June 21, 2013, and signed into law by the Governor on June 24, 2013. The Fiscal Policy Institute’s June 11, 2013 brief on the original proposal concluded that that it was bad tax policy and bad … (read more)