2017

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)

GUEST VIEW: Refugees Good for Utica’s Economic Development

March 8, 2017. In an op-ed, FPI’s David Dyssegaard Kallick and executive director of the Mohawk Valley Resource Center for Refugees, Shelly Callahan, argue that refugee resettlement is good for Utica’s economic revitalization.

Immigrants and refugees are already reversing population loss. Over the past 15 years, Utica finally turned around its population decline, stabilizing and even squeaking out a little bit of population growth, according to Census Bureau estimates. Look a little deeper, though, and you’ll see a story about … (read more)

Policy Brief: Expand the Millionaires’ Tax and Address New York’s Worst-in-the-Nation Income Inequality

March 7, 2017. The millionaires’ tax is New York’s fiscal Swiss Army knife, a tool that addresses many different needs. It helps fund important priorities, balance the New York State budget, respond to heightened income inequality, and lessen the overall regressive state and local tax structure. And it is very much needed in New York today.

PDF of full Policy Brief(read more)

Economic and Tax Contributions of Undocumented Immigrants in NY

Tuesday, March 2. As the Trump Administration talks about a program of mass deportation – or, who knows, perhaps not? – the question of what contribution undocumented immigrants make to the New York economy is more important than ever. This new report finds that unauthorized immigrants are responsible for $40 billion, or three percent, of New York’s economic output, and make up five percent of the labor force. They also pay taxes—a total of $1.1 billion in state and local … (read more)

Policy Brief: Federal Funding Cuts Could Cause Significant Budget Woes For NYS

February 23, 2017. New York State faces gargantuan budget challenges if the current federal administration is successful in pursuing the many cuts in funding to states proposed thus far. In its most recent policy brief, the Fiscal Policy Institute points out that over one-third of New York’s All Funds budget is comprised of federal funds and billions in additional funds are also sent to local governments, schools, and transportation. Altogether, over $70 billion in federal aid flows to the state … (read more)

Briefing on Mayor de Blasio’s FY 2018 Preliminary NYC Budget

On Friday, March 10, 2017, the Fiscal Policy Institute will present its annual New York City budget briefing to the Economic Justice and Social Welfare Network at the Federation of Protestant Welfare Agencies (FPWA). The briefing presentation will be from 9:30 a.m. to 11:00 a.m. The briefing is open to the public. To register for this free event, please click here.

The topics to be covered during the briefing include:

  • An overview of the Mayor’s Preliminary FY 2018
(read more)

Testimony at the Joint Legislative Public Hearing on the FY 2018 Executive Budget – Taxes

February 7, 2017. Executive Director Ron Deutsch testified before the Senate Finance and Assembly Ways and Means Committees on the Governor’s FY 2018 Proposed Budget and Financial Plan.

Income inequality, as indicated by the richest 1 percent share of total income, has grown substantially since 1980 in New York State as well as nationally. One of the most sensible tools the state has to address the growing income gap in New York is the millionaires’ tax. The proposed extension of … (read more)

New York State Economic and Fiscal Outlook FY 2018

February 7, 2017. In its 27th annual New York State budget briefing book, the Fiscal Policy Institute analyzes and comments on Governor Andrew Cuomo’s FY 2018 Executive Budget.

This year’s New York State budget negotiations take shape against a worrisome backdrop. The president and congress are threatening to dismantle the Affordable Care Act, make drastic cuts to programs that help millions of New Yorkers, and create a hostile environment for the states four million immigrants. The state has an … (read more)