About Nathan Gusdorf

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So far Nathan Gusdorf has created 6 blog entries.

Tax Policy Brief: Estimating Revenue from a More Progressive Income Tax

Estimating Revenue from a More Progressive Income Tax March 2023 By Emily Eisner, Ph.D, Economist  Download PDF New York’s budget is largely funded through the state’s personal income tax (PIT). Between 2015 and 2020, state revenue from the personal income tax totaled between $47 billion and $55 billion annually. In 2021, the New York state legislature voted to create new PIT brackets for individuals earning over $1 million annually. This change created a more [...]

2023-03-10T17:12:55-05:00March 10th, 2023|Blog, State Budget, State Tax Policy|

Tax Policy Brief: Capital Gains Taxes

Estimating the Revenue Impact of Higher State Taxes on Capital Gains February 6, 2023 By Emily Eisner, Ph.D, Economist and Nathan Gusdorf, Executive Director Download PDF The U.S. federal tax code distinguishes between two types of income: ordinary income, which we can generally think of as wage and salary income, and capital gain, which we can generally understand as income from investments (e.g., the sale of appreciated stock).[1] Where a taxpayer has capital gain that [...]

2023-02-22T13:07:47-05:00February 6th, 2023|Blog, State Budget, State Tax Policy|

FPI in the New York Times: New New York plan silent on need for revenue

The New York Times covered a panel discussion that included Governor Kathy Hochul and Mayor Eric Adams, which focused on New York City's recovery from the coronavirus pandemic and the proposals found in the "Making New York Work for Everyone" report: "Nathan Gusdorf, executive director of the Fiscal Policy Institute, said the mayor’s recent cuts to agency budgets — along with the governor’s opposition to raising taxes on the wealthy — will make the proposals in the report difficult to achieve. 'The report identifies key policy areas [...]

2023-02-06T21:16:12-05:00December 14th, 2022|FPI in the News|
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