2017

FPI Policy Brief Press Statement: Time to Expand the Millionaires’ Tax

FOR IMMEDIATE RELEASE:

Contact: Ron Deutsch, Fiscal Policy Institute, 518-469-6769, deutsch@fiscalpolicy.org

March 7, 2017. The Fiscal Policy Institute (FPI) recently released a Policy Brief analyzing New York’s gross income disparity, recommending common sense solutions to narrowing the gap.

Since the 1980s, the income gap in the United States—as indicated by the wealthiest 1 percent’s share of total income—has grown significantly. In fact, the Congressional Budget Office (CBO) has been compiling income data since 1979, and has found that the … (read more)

Report: “Undervalued and Underpaid: How New York State Shortchanges Nonprofit Human Services Providers and Their Workers”

March, 2017. The substantial growth in New York’s nonprofit human services sector has come in response to a host of social, demographic and economic changes. The State and its local governments have turned to nonprofit organizations to provide these critical services; these are public services that serve many populations, including children and those with low incomes striving to enter the middle class. Millions of New Yorkers are directly served, and all New Yorkers reap the benefits of more stable … (read more)

AP News: Rich New Yorkers Ask State to Raise Their Taxes

March 21, 2017

ALBANY, N.Y. (AP) — Some of the wealthiest New Yorkers are asking the state to raise their taxes.

Eighty people including George Soros, Steven Rockefeller and Abigail Disney wrote to lawmakers and Democratic Gov. Andrew Cuomo saying they and other top earners can afford to pay more to support schools, roads, bridges and programs to help poor and homeless New Yorkers. (read more)… (read more)

Press Release: Over 80 Wealthy New Yorkers Urge Governor Cuomo to Extend and Expand Millionaires’ Tax

FOR IMMEDIATE RELEASE: March 21, 2017

Contact: Ron Deutsch, Fiscal Policy Institute, 518-469-6769, deutsch@fiscalpolicy.org

Mike Leyba, Responsible Wealth, 562-266-4357, mleyba@faireconomy.org

Over 80 Upper-Income New Yorkers Urge Governor Cuomo and Legislature to Extend and Expand the Millionaires’ Tax

As New York State braces for proposed federal budget cuts that could have a devastating impact on health care, education and infrastructure investments across the state, more than 80 New York residents with incomes in the top 1% have sent an open letter … (read more)

Times Union Opinion: Expand tax credit for low-income workers in New York

By Ron Deutsch and Reg Foster, Commentary

Published, Albany Times Union 5:25 pm, Wednesday, March 15, 2017

A young woman juggling an entry-level administrative job and classes at a community college; a divorced dad working 40 hours a week as a custodian to help support his two kids; a veteran trying to make a living back home after serving our country overseas: They, and millions of other hard-working Americans, struggle to make ends meet because their jobs pay low wages.… (read more)

March 2017 NYC Budget Presentation

In his briefing on Mayor deBlasio’s Preliminary FY 2018 NYC Budget, James Parrott highlights the following:

Cautious in face of an uncertain Washington: Federal aid is 1/3 of State budget (which is 18% of City budget); 8-10 % of City budget; 64% of NYCHA budget; and nearly half of the Health and Hospitals budget.

State budget better this year, but still challenges: Governor proposed to extend millionaires tax, but it should be enhanced; threat to CFE-settlement determined school aid; handful … (read more)

Trump’s Merit-Based Immigration Plan Could Mean a Smaller Buffalo

March 14, 2017. In an article featured in the Buffalo News, impacts on Buffalo due to President Trump’s possible merit-based immigration plan are discussed such as population decline, a smaller tax-base, an older population and a decrease in availability of workers for jobs that pay lower wages. FPI’s David Dyssegaard Kallick was quoted discussing the impact Trump’s merit based immigration plan would have on the workforce.

Trump asked the two senators to work on adding a merit-based component to their … (read more)

Billing the Benefits

March 13, 2017. FPI’s David Dyssegaard Kallick was quoted in an article, featured in the Manhattan Times, discussing the tax and economic contributions of undocumented immigrants and the effects a mass deportation program could possibly have in New York State. 

David Dyssegaard Kallick, Director of the Institute’s Immigration Research Initiative, said that tax revenue would increase by another $247 million a year if those people were able to work legally.

The report also predicted that a policy of mass deportation … (read more)

Charita Goshay: The Golden Door Swings Both Ways

March 12, 2017. FPI’s immigrant business ownership statistics were cited in an article arguing that hostility, violence and anger against immigrants is not “American” and that the door, referred to as the “Golden Door,” which is shutting immigrants out can be used to leave and find a more homogeneous home.

We now are in the midst of mosque burnings, and a series of bomb threats aimed at Jewish facilities across the country, not to mention the cemeteries that have been … (read more)

Letter: Immigrants, refugees greatly benefit region

March 10, 2017. A letter was featured in The Buffalo News in response to FPI’s David Dyssegaard and International Institute of Buffalo’s executive director, Eva Hassett’s op-ed discussing refugee’s contributions to Buffalo’s economic revitalization and the need for funding for resettlement agencies facing federal funding cuts.

Regarding the Sunday Viewpoints article about refugees, by David Dyssegaard Kallick and Eva Hassett: I hope many people read it and heard the message, that refugees are good for the Buffalo and Western New … (read more)