Personal Income Tax

New York: A Model of Progressive Taxation?

Jan 13, 2010

The Institute on Taxation and Economic Policy (ITEP) recently released an update of its January 2003 report, Who Pays? A Distributional Analysis of the Tax Systems in All 50 States.

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Press Citation

Tax Hike On 'Rich' is Apple Dumping

Apr 09, 2009

New York Post

David Seifman

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Press Citation

New York’s $131.8 Billion Budget Grows With Taxes and U.S. Aid

Mar 30, 2009

Bloomberg

Michael Quint

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Press Citation

Albany Agrees on a Plan to Raise Taxes on Top Earners

Mar 29, 2009

New York Times

Nicholas Confessore

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Press Citation

Taxes Not Seen as Making the Rich Flee New York

Mar 19, 2009

New York Times

Nicholas Confessore

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Testimony

Testimony for a Hearing of the Senate Select Committee on Budget and Tax Reform

Mar 13, 2009

This testimony by CBC Deputy Research Director Elizabeth Lynam emphasizes two key points about New York’s personal income tax and offers a framework for thinking about tax reform in the current fiscal context: 1) New York’s personal income tax is progressive, but its overall tax structure is not; and 2) New York’s economic competitiveness should be an important factor in consi

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Letter

Letter to the Legislature on “10 Do’s And Don’t’s” for Spending the Federal Stimulus Funds

Feb 25, 2009

The federal government has committed an enormous sum—$787 billion over 27 months—to aid the economy. This letter from CBC President Carol Kellermann to the Legislature warns that the federal aid to New York is limited and temporary and addresses the challenge of using the federal money available for next year’s budget wisely, suggests 10 “do’s and don’ts” for using the federal funds and closing the budget gap while avoiding harmful cuts and tax increases, and highlights possible allocation of the funds.

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Press Release

CBC Urges New York State Legislature to Follow it's “10 Do’s And Don’t’s” for Spending the Federal Stimulus Funds

Feb 25, 2009

CBC released a letter that was sent to the New York State Legislature containing “10 Do’s and Don’ts” for spending the estimated $4.8 billion in federal stimulus funds allocated to New York State for use in budget relief in fiscal year 2009-10. The letter briefly outlines the 10 rules and cautions that the funds need to be wisely spent over the next two years.

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Press Citation

Raising Tax on Rich Gaining Ground

Feb 23, 2009

Daily Gazette

Sara Foss

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Letter

Letter to the State Legislature: Recommendations for FY 2009-2010 Budget

Feb 02, 2009

This letter by CBC President Carol Kellermann to the State Legislature suggests two strategic directions to guide budget policy in FY2009-2010 and offers a roadmap to help steer a course that avoids harmful tax increases and makes spending better serve New Yorkers by offering reforms in five key areas: Medicaid, school aid, correctional facilities, public employee benefits, and programs like STAR and Empire Zones. These recommendations provide at least $3.1 billion in savings over the term of the financial plan.

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