March 8, 2023 Most businesses do not pay the corporate tax. Only corporations pay the corporate tax, and approximately 95% of businesses are not corporations.  Most businesses are partnerships, LLCs, S-corporations, or sole proprietorships, none of which pay the corporate tax. The biggest corporations pay most of the tax. More than 80% of corporations in New York pay less than $1,000 in tax.  Around 75% of all New York corporate tax revenue comes from the 500 most [...]
The typical family that moves out of New York State saves 15 times more from lower housing costs than they do from lower taxes. Of the top twenty largest county-to-county moves out of New York State, annual mortgage costs are on average $18,300, or 34 percent, lower outside New York.
October 7, 2021 (updated from October 4). The groundbreaking Excluded Worker Fund, which gives aid to people who are excluded from unemployment insurance benefits, has crossed the $1 billion mark, and stands at $1,148,078,400 as of October 4. That’s a huge benefit to workers - nearly all of them undocumented - in our state, and is helping people and local economies in all regions. Equally impressive: 99 percent of those who have been approved get $15,600, the higher of two benefit levels. This is designed to [...]
October 4, 2021. New York State’s historic Excluded Worker Fund has been helping undocumented immigrants and others who were left out of unemployment compensation during the pandemic. According to data provided by the New York State Department of Labor last week, the fund - as predicted - is having an important positive impact on all regions of the state. The most important benefit of the Excluded Worker Fund is helping workers and their families, but the infusion of money into the community helps local economies [...]
Sept. 3, 2021. The first data is out: $250 million has already been issued to immigrants who lost work during the pandemic but were excluded from federal aid, and another $600 million is “undergoing final verification.” After just the first month, 50,000 people have already been found eligible, funds have been dispersed to over 10,000, and another 40,000 are in the final stages of the verification process. Equally impressive: 99 percent of those who have received the funds are approved for $15,600, the higher of [...]
Two national groups put a spotlight on FPI's work with the Fund Excluded Worker Coalition that resulted in $2.1 billion toward allowing undocumented immigrants to get something like what others in New York got in unemployment benefits and stimulus payments. This was a historic victory that the Center on Budget and Policy Priorities and the Economic Policy Institute are encouraging other states to follow! CBPP: Whitney Tucker, Deputy Director of Research at the Center on Budget and Policy Priorities, pointed to the fund as a prime [...]
The director of FPI's Immigration Research Initiative, David Dyssegaard Kallick, was invited to testify before the Congressional Small Business Committee about the role of immigrant businesses in the economic recovery after Covid. Kallick talked about two recovery scenarios: A Main Street-centered rebuilding that picks up on some innovations from the Covid period such as outdoor restaurants, expanded pedestrian areas, and bike paths that have transformed many downtowns and urban centers in very positive ways. This scenario would entail Main Streets as vibrant places where people [...]
Something different has happened during the COVID recession than is typical for other recessions: there has been noticeably more job loss among women than among men. Dr. C Nicole Mason, President of the Institute for Women’s Policy Research, coined the term “she-cession” to describe this gendered pattern of job loss that is the converse of what in 2008-09 was sometimes called a “mancession.” Women of color, as Mason notes, have been even more starkly impacted by job loss, a double impact since they started in [...]
FPI's Shamier Settle was interviewed on Equal Rights & Justice radio, WBAI 99.5 FM with Marrisa Senteno, Co-Director of the NY Chapter of the National Domestic Workers's Alliance. FPI's report, Domestic Workers are Essential Workers: By the Numbers in New York , was highlighted in this episode of Equal Rights and Justice with Mimi Rosenberg. Listen to the interview below.
Download the full report: "Domestic Workers Are Essential Workers: By the Numbers in New York" Throughout the coronavirus crisis domestic workers have been placed under a double pressure. Already underpaid, many have lost their jobs, or lost hours on the job, putting them under added financial stress. Even when on the job, however, domestic workers find themselves under added physical and psychological stress, acting as essential workers during a pandemic at some risk to their own health as they protect the health of others. Domestic [...]
FOR IMMEDIATE RELEASE: April 12, 2021 Contact: Shamier Settle, email@example.com, 347-834-5760 Domestic Workers are Essential Workers: By the Numbers in New York Domestic Workers are Essential to our Economy and will be highlighted in Biden Infrastructure Plan Read the report: “Domestic Workers are Essential Workers: By the Numbers in New York” (Albany, NY) –Domestic workers are doing the intense and intimate labor of caring for our families and our households. As the fallout of the global pandemic has made clear, they are essential to our [...]
The New York State Excluded Worker Fund passed in this year's budget at last provides a meaningful level of assistance to undocumented workers who have been excluded from major federal pandemic assistance. The $2.1 billion fund creates two tiers of aid. Tier 1 is on a rough par with unemployment insurance, and provides $15,600 to undocumented workers who can meet its strict standards of proof of eligibility. Tier 2 pays $3,200, and is on a par with the three rounds of federal stimulus payments ($1,200, $600, [...]
This Gothamist article tells the personal story of an excluded worker and the on-going efforts in New York State to create an excluded worker fund. Excluded workers are those who have lost work due to COVID, but have been excluded from any federal or state relief (federal stimulus or state unemployment due to their immigration status or recent incarceration. “The need is urgent,” said David Dyssegaard Kallick, director of the Fiscal Policy Institute’s Immigration Research Initiative. “Unemployment insurance has been a lifesaver to so many [...]
The New York State Senate and Assembly both supported creating a fund to provide unemployment insurance to workers who are excluded from the unemployment insurance system, primarily undocumented immigrants and people leaving incarceration during the Covid-19 pandemic. Both houses included $2.1 billion in their one-house budgets. The report shows that while $2.1 billion is an impressive signal from the legislature, $3.5 billion is the amount that is needed to match the minimum benefits other workers receive and to continue that aid through the end of [...]
The New York State Assembly and Senate both support creating a fund to provide unemployment insurance to workers who are excluded from the unemployment insurance system, primarily undocumented immigrants and people leaving incarceration during the Covid-19 pandemic. Both houses included $2.1 billion in their one-house budgets this week, the starting points for negotiating the final state budget. This is an impressive commitment to a critical priority. However, matching the minimum level of benefits that other unemployed New Yorkers receive and extending the aid through the [...]