Testimony at the Legislature’s Joint Budget Hearing on Taxes and Economic Development
February 26, 2003. Presented by FPI's Frank Mauro. Testimony >>
Meeting New York City’s Fiscal and Economic Challenges in 2003
February 12, 2003. Released at FPI's annual budget briefing, this analysis is based on Mayor Bloomberg's January 28 Financial Plan for FY 2003-2007. Presentation >>
Taxes, Government Services and Jobs
February 12, 2003. A short summary of the academic literature on this subject, and a critique of the New York State and New York City "tax impact" models prepared by the Beacon Hill Institute for the Heritage Foundation and the Manhattan Institute.
Balancing New York State’s 2003-2004 Budget in an Economically Sensible Manner
February 4, 2003. The Fiscal Policy Institute's 13th annual budget briefing: analysis of Governor George E. Pataki's Executive Budget and alternative approaches to balancing New York State's 2003-2004 budget. Briefing book on the 2003-2004 executive budget >> This PowerPoint version of the briefing book has most of the same charts and graphs but condenses the text with bullet points. Despite Governor Pataki’s recent pronouncements regarding the relationship between jobs and cuts in broad based taxes, the large personal income tax cuts that New York implemented [...]
New York State and Local Taxes in 2002
January 2003. From the Institute for Taxation and Economic Policy, this chart and table show the impact of state and local taxes (by type of tax, in total before taking federal deductibility into consideration, and in total after taking federal deductibility into consideration) on the family incomes of non-elderly New Yorkers broken down into seven income categories, ranging from the bottom 20% (taxpayers with incomes of less than $15,000) to the top 1% (taxpayers with incomes above $634,000). (PDF)
The NYS and NYC Budgets
November 25, 2002. New from FPI: the New York City 2003-2004 budget outlook, based on Mayor Bloomberg's November 14, 2002, Financial Plan Update. Briefing materials on the state budget: New York State's 2003-2004 Budget Outlook - a budget alert originally released October 19 and a presentation released September 26, Listing of new tax cuts taking effect in 2002, 2003 and thereafter.
Budget Alert: New York State’s 2003-2004 Budget Outlook
October 19, 2002. By Frank Mauro. Late last month while discussing a broad range of topics with the editorial board of The (Troy) Record, Senate Majority Leader Joseph Bruno predicted that New York State faces a budget gap of $8 billion to $10 billion in its 2003-2004 budget. The magnitude of this prediction is obvious when one focuses on the fact that the state's tax supported General Fund budget is about $40 billion. Thus, if Senator Bruno's prediction is accurate, the steps necessary to balance [...]
New York State’s 2003-2004 Budget Outlook
September 26, 2002. PowerPoint presentation >>
New York State’s 2003-2004 Budget Outlook
September 26, 2002. Presentation in powerpoint.
The State of Our Schools Part 2: The Combined Effect of the “Bare Bones” Budget and the Governor’s Proposed State Aid Freeze
April 17, 2002. FPI's analysis of the combined effect of the 2001-2002 "Bare Bones" Budget and the Governor's proposed 2002-2003 state aid freeze on New York State school districts and students was presented in a new report from the Alliance for Quality Education and the Public Policy and Education Fund. This analysis shows that under the Governor's proposed budget, 6 out of 7 school children in the state are in school districts that will receive less aid in 2002-2003 under the Governor's proposed budget than [...]
The Impact of New York State’s Personal Income Tax on Low Income Working Families
February 26, 2002. This report shows that New York has among the lowest income tax burdens in the country for low-income working families. Most of the relief for these families comes from the State Earned Income Tax Credit (EITC) enacted in 1994. The income tax rate cuts and other changes enacted in 1995 now cost over $5 billion per year but provide very little help to these families. Also see the Center for Budget and Policy Priorities annual report, State Income Tax Burdens on Low-Income [...]
Testimony before the Senate Finance and Assembly Ways and Means Committees’ Joint Public Hearing on Economic Development and Taxation
February 26, 2002. FPI's testimony before the Senate Finance and Assembly Ways and Means Committees Joint Public Hearing on Economic Development and Taxation.
Testimony before the Senate Finance and Assembly Ways and Means Committees’ Joint Public Hearing on Human Services
February 4, 2002. FPI's testimony before the Senate Finance and Assembly Ways and Means Committees' Joint Public Hearing on the Human Services portion of the 2002-2003 Executive Budget. Focuses primarily on the Temporary Assistance to Needy Families program.
Do Tax Increases in New York City Cause a Loss of Jobs?
February 2, 2002. A review of the evidence, by Moshe Adler, Oliver Cook, and James Parrott. Published in State Tax Notes. (A preliminary version of this analysis was presented for review and comment, December 2001.)
Balancing New York State’s 2002-2003 Budget in a Fair and Balanced Manner
January 23, 2002. A critical assessment of federal, state and local policy options. FPI's three budget reports: The New York State Budget in the Aftermath of September 11th: Economically Sensible Options for Budget Balancing During a Recession New York and the Federal Fisc in the Aftermath of September 11th: The State and Local Impacts of Federal Policy Options The Economic Context Also distributed at the briefing: a group press release, below, and an updated edition of the State of Working New York 2001. Groups Propose [...]