2017

Congress’ top 2017 priority should be poverty alleviation by EITC Expansion

January 27, 2017. As part of a campaign launched earlier this fall, and in recognition of EITC Awareness Day, over 60 New York-based organizations representing hundreds of thousands of residents throughout the state sent a letter to Senator Schumer urging him to stand strong in his support for expanding the federal Earned Income Tax Credit (EITC) for working adults not raising children in the home. This expansion would help 1.1 million workers (466,000 of whom are actually taxed into – … (read more)

2017 Albany Annual Budget Briefing

On Tuesday morning, February 7, 2017, the Fiscal Policy Institute will present its twenty-seventh annual budget briefing in Meeting Room 7 of the Empire State Plaza Convention Center. Please note the venue change for this year’s briefing. A complimentary breakfast and check-in will begin at 8:30 a.m. Our presentation begins at 9:00 a.m. and ends at 10:00 a.m. We hope that you and/or members of your staff will be able to join us for what we are confident will … (read more)

Statement on Governor Cuomo’s FY 2018 Budget Proposal

January 18, 2017. Making state and local taxes less regressive in New York is a top priority for our organization. We are pleased to see the Executive Budget proposal include an extension of the millionaires’ tax and applaud the Governor for making this the centerpiece of his new budget. Given the great income disparities in our state, we think the Governor and the legislature should go further. We would like to see the millionaires’ tax made permanent and to … (read more)

Do Immigrants Present an Untapped Opportunity to Revitalize Communities?

Wednesday, October 19. As many cities across the nation experience population decline and an increase in vacant and distressed property, there is a need for economic and housing revitalization. New research from Welcoming Economies Global Network and Fiscal Policy Institute indicates that immigrants represent some of the brightest potential for revitalizing urban communities. However, experience suggests, that immigrants are often overlooked and underestimated by homeownership, community development, and affordable housing advocates, practitioners, and programs.

This report, which includes an interactive … (read more)