Reports, Briefs and Presentations

New Analysis of Subsidized Projects Finds Low Wages Common: City subsidies exceed $2 billion annually

March 8, 2011. A report from FPI, Good Jobs New York and the National Employment Law Project examines the low wages typically paid for many of the permanent jobs at city-subsidized economic development projects such as Bronx Gateway Mall, Fresh Direct and Yankee Stadium. An update of analysis originally conducted last May, the study finds that significant numbers of low-wage jobs are being created with New York City tax dollars, jobs for which starting pay is as low as the minimum wage and for which [...]

Anthony Troia2020-11-13T14:58:54-05:00March 8th, 2011|Economic Trends & Policy, Labor Market & Workforce, Press Releases, Reports, Briefs and Presentations|

Briefing on Mayor Bloomberg’s Preliminary FY 2012 New York City Budget

March 2, 2011. Despite Wall Street's rebound, unemployment and hardship continue; at best, recovery will be very gradual. The revenue rebound does not make up for declining federal and state aid, particularly in education. Human services are being cut, while recent tax changes worsen the regressivity of the City's tax structure. The City should begin to address several tax inequities and strengthen its revenue base. Briefing >>

Anthony Troia2020-11-13T14:48:30-05:00March 2nd, 2011|Economic Outlook, Economic Trends & Policy, Reports, Briefs and Presentations, State Budget, Tax & Budget, Tax Policy|

Balancing the New York State Budget 2011-2012

February 14, 2011. This presentation - by Frank Mauro of the Fiscal Policy Institute and Ron Deutsch of New Yorkers for Fiscal Fairness - was made at a budget briefing for legislators, staff and advocates. The briefing was sponsored by Growing Together NY, Strong Economy for All Coalition, AFL-CIO, AFSCME NY, ATU, CSEA, CWA District 1, NYSUT, PEF, SEIU Local 32BJ, TWU, and UFT.

Anthony Troia2012-03-16T21:41:53-04:00February 14th, 2011|Reports, Briefs and Presentations, State Budget, Tax & Budget, Tax Policy|

New York State’s Economic and Fiscal Outlook for 2011-2012

February 8, 2011. The Fiscal Policy Institute's 21st annual budget briefing. Briefing book on the 2011-2012 executive budget>>

Anthony Troia2020-11-13T14:17:41-05:00February 8th, 2011|Reports, Briefs and Presentations, State Budget, Tax & Budget, Tax Policy|

Who’s Fudging What?

February 1, 2011. A response to an editorial in the New York Post, which argued that New York's extreme income polarization is not a problem.

Anthony Troia2020-11-13T14:28:00-05:00February 1st, 2011|Economic Trends & Policy, Labor Market & Workforce, Reports, Briefs and Presentations|

Brooklyn Labor Market Review – Winter 2011

January 10, 2011. This study commissioned by the Brooklyn Chamber of Commerce shows that the borough was a leader citywide in job creation despite the ongoing recession. The diversity of Brooklyn's economy coupled with growth in healthcare, retail, food service, professional services and administrative sectors helped the borough remain stable in 2009 and gain jobs in 2010. Employment growth surpassed projections. Report >>

Anthony Troia2020-11-13T14:48:30-05:00January 10th, 2011|Economic Outlook, Economic Trends & Policy, Labor Market & Workforce, Reports, Briefs and Presentations|

Grow Together or Pull Further Apart? Income Concentration Trends in New York

December 13, 2010. New data shows that extreme inequality restrains growth for most New Yorkers - polarization trends in New York City and New York State expose an economic fault line. A new report from FPI documents the pronounced concentration of income growth that has occurred in New York State and New York City since 1980 - the first time that state income tax data has been compiled to analyze trends since 1980 in income growth by various segments of the state's population. Among the [...]

Anthony Troia2020-11-13T14:28:00-05:00December 10th, 2010|Economic Trends & Policy, Labor Market & Workforce, Press Releases, Reports, Briefs and Presentations|

The Growing Budget Burden of New York’s Business Tax Expenditures

December 7, 2010. Over $8 billion a year goes to “back door” spending in the name of job creation. This new report from FPI identifies $5.4 billion a year in state government "back door" spending in the name of economic development and job creation. An additional $2.8 billion a year is being drained from New York's local government budgets because of a variety of tax expenditures in state law. In these tough budget times, these billions of dollars in business tax expenditures, which have historically [...]

Anthony Troia2020-11-13T14:56:16-05:00December 7th, 2010|Economic Trends & Policy, Press Releases, Reports, Briefs and Presentations, Tax & Budget, Tax Policy|

Immigration’s Impacts on the Long Island Economy

December 1, 2010. A report by David Dyssegaard Kallick published in the Regional Labor Review, vol. 13, no. 1 (Fall 2010), published by the Center for the Study of Labor and Democracy at Hofstra University. Read the report.

Anthony Troia2012-02-23T22:31:42-05:00December 1st, 2010|Migration, Reports, Briefs and Presentations|

The Changing Profile of Long Island’s Economy: How U.S.-born workers have fared as immigration has grown

November 17, 2010. This report shows the big overall immigrant contribution to Long Island's economy, stressing the diversity of immigrant jobs, but also looking at whether immigrants are displacing U.S.-born workers or lowering wages. For nearly all Long Island residents the answer is no. However, there is reason for concern about African American men with a high school diploma or less. They seem to be losing ground (higher unemployment rates) as immigrant share of the labor force increases. This issue deserves attention despite the fact [...]

Anthony Troia2021-04-07T13:39:32-04:00November 17th, 2010|Migration, Press Releases, Reports, Briefs and Presentations|

Background on the Economists Selected by the New York City Economic Development Corporation for Its Living Wage Study

October 27, 2010. City policymakers deserve the benefit of a rigorous study that looks at the actual costs and benefits of extending living wage standards to subsidized development projects. This brief looks at the track record of the lead economist, David Neumark, for the management consulting firm selected by the New York City Economic Development Corporation to conduct a study of the possible economic impact of wage requirements on projects subsidized by the City. The brief examines the extensive criticism of Neumark's past labor market [...]

Anthony Troia2020-11-13T14:56:16-05:00October 27th, 2010|Economic Trends & Policy, Reports, Briefs and Presentations|

Hundreds of millions at stake for New York’s working families: Current tax debate to determine future of key work-supporting tax credits

September 27, 2010. Low- and moderate-income New Yorkers have a huge stake in the tax debate now going on at the national level: over $600 million annually in work-supporting tax credits. Enhancements to the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) that were made by the American Recovery and Reinvestment Act (ARRA) will expire at the end of 2010 unless extended by Congress. A new report from the Fiscal Policy Institute reviews the workings of these two tax credits, how they [...]

Anthony Troia2020-10-27T13:07:09-04:00September 27th, 2010|Press Releases, Reports, Briefs and Presentations, Tax & Budget|

Federal Tax Policy at a Crossroads

September 21, 2010. This policy brief compares the distributional impacts on New York taxpayers of President Obama's plan and an alternative plan laid our in the Senate Republican leadership bill S.3773 - and looks at the impact of the same two proposals on programs and services. Conclusion? There are five reasons that the Bush tax cuts for the wealthy should be allowed to expire as scheduled, and the modifications of those tax cuts enacted as part of the Recovery Act should be made permanent.

Anthony Troia2020-10-27T13:07:09-04:00September 21st, 2010|Reports, Briefs and Presentations, Tax & Budget|