Year

Driving Together: Benefits of Allowing All New Yorkers to Apply for Licenses

February 15, 2019. Suddenly, with a new legislature in office, New York is poised to join 12 other states plus Puerto Rico and D.C. and allow undocumented immigrants to apply for driver’s licenses.A report by the Fiscal Policy Institute (FPI) estimates that 265,000 undocumented immigrants statewide would obtain driver’s licenses, including 64,000 north of New York City and 51,000 on Long Island. FPI also estimates that $57 million in annual revenue and $26 million in one-time revenue would be generated … (read more)

Press Release: Patriotic Millionaires and Advocates Call Upon State to Raise Revenues from the Wealthy to Support Critical Services

For Immediate Release: February 12, 2019

  Media Contact: Peter Cook, Executive Director, New York State Council of Churches – 508.380.8289 Ron Deutsch, Executive Director, FPI – 518.469.6769 Michael Kink, Executive Director, Strong Economy for All Coalition 518.527.2787 Sam Quigley, Communications Director, Patriotic Millionaires 202.446.0489

 

Patriotic Millionaires and Advocates Call Upon State to Raise Revenues from the Wealthy to Support Critical Services

Albany, NY.  Patriotic Millionaires Chairman Morris Pearl joined numerous organizations from across the state outside the Joint Legislative … (read more)

New York’s Pathway to Shared Prosperity: Economic and Fiscal Outlook for FY 2020

February 12th, 2019. 

The Fiscal Policy Institute released its 29th annual New York State budget briefing book, New York’s Pathway to Shared Prosperity: Economic and Fiscal Outlook for FY 2020. FPI’s budget briefing book analyzes the Governor’s FY 2020 Executive Budget and makes policy recommendations that would benefit all New Yorkers in the areas of taxes, human services, immigration, education, and more.

 

You can find the sections of the report below:

(read more)

Support For a Pied-à-Terre Tax in NYC Grows After $240M Penthouse Sale

February 11, 2019. Last month, billionaire Ken Griffith closed on a penthouse at 220 Central Park South for over $239 million, making it the most expensive home ever sold in the United States. Griffin, the founder of the hedge fund Citadel, said he will not use the pricey pad as a primary residence, but instead as “a place to stay when he’s in town.” The staggering sale has renewed support from public officials for a pied-à-terre tax, which would place … (read more)

Automatic Voter Registration: Good for Democracy and Sound Fiscal Sense

February 11, 2019. New York is in many ways thought of as a progressive state, but in terms of the basic democratic function of voting we are far behind most of the country. In voter registration, for instance, New York ranks 46th out of 50 states in share of citizens over 18 years old who are registered to vote.

Automatic Voter Registration is a solution being currently considered that would leave far fewer people behind. As with any new proposal, … (read more)

Lawmakers & Advocates to Cuomo: Where is the Census Funding Report Due in January?

Senators Question Why 2018 Law Establishing NYS Complete Count Commission Was Never Created and Status of Missing Report on Funding Recommendations

New York is Projected to be the Only State to Lose 2 Congressional Seats

ALBANY, NEW YORK (2/6/2019) – Today, members of the New York State Senate Majority and advocates called into question why Governor Cuomo failed to convene the 2020 Census Complete Count Commission required by legislation he signed into law in March of 2018, and want to … (read more)

Pied-à-terre Tax Resurfaces Amid 220 Central Park South Purchase

February 6th, 2019. Billionaire Ken Griffin’s record-breaking purchase for $238 million of the penthouse at 220 Central Park South, a super-tall building designed by Robert A.M. Stern in Midtown, is prompting a newfound push for the introduction of a pied-à-terre tax.

According to Mark Levine, the council member for District 7 in Manhattan, the tax would be a small surcharge on second homes valued at $5 million or more. Advocates of the tax cite a 2014 report by the Fiscal (read more)

Letter: Research Shows Higher Minimum Wage Good for Jobs

February 1, 2019. In a short rebuttal in regards to the minimum wage and whether it will negatively impact businesses, the author cites several studies that support the economic viability of enacting a higher minimum wage.

In one research study, Dube, Lester, and Reich in a study “Minimum Wage Effect Across State Borders,” studied the effect of one state raising minimum wages while a bordering state did not raise its minimum wages and found no adverse effect on employment. A (read more)

After $238M Condo Sale, Calls for Pied-à-Terre Tax Are Renewed

February 1, 2019. Hedge funder Ken Griffin, who owns pricey properties in several other cities, snagged the most expensive apartment in not just New York City, but the entire country—but he reportedly doesn’t even plan to use the home as his primary residence. The sale prompted several elected officials to renew calls for a pied-à-Terre tax for secondary properties in New York City.

Senator Brad Hoylman first proposed such a tax in the state legislature in 2014, after (read more)

After ‘Grotesque’ $238 Million Penthouse Sale, Calls For ‘Pied-A-Terre Tax’ Intensify

January 30, 2019. Hedge funder Ken Griffin, who owns pricey properties in several other cities, snagged the most expensive apartment in not just New York City, but the entire country—but he reportedly doesn’t even plan to use the home as his primary residence. The sale prompted several elected officials to renew calls for a pied-à-Terre tax for secondary properties in New York City.

The pied-à-terre tax is not a new concept. Back in 2014, state Senator Brad Hoylman drafted (read more)