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Testimony
Taxes
Testimony on NY State Tax System
Delivered to the Senate Committee on Budget and Tax Reform
March 12, 2009
This testimony emphasizes two key points about New York’s personal income tax (PIT) and offers a framework for thinking about tax reform in the current fiscal context: 1) New York’s PIT is progressive, but its overall tax structure is not; and 2) New York’s economic competitiveness should be an important factor in considering changes to its tax rates.
Testimony
State Budget
Testimony on State Budget Process Reforms
Delivered to the Senate Temporary Committee on Rules and Administration Reform
February 27, 2009
This testimony by CBC Deputy Research Director Elizabeth Lynam highlights CBC’s work on fiscal reform and shares thoughts and recommendations on the work of the Senate Temporary Committee on Rules and Administration Reform.
Letter
State Budget
10 Do's and Don'ts for Spending the Federal Stimulus Funds
February 25, 2009
This letter to the Legislature warns that the federal aid to New York is limited and temporary, suggests ten 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.
Letter
State Budget
Recommendations for FY 2009-2010 State Budget
February 02, 2009
This letter to the state legislature suggests two strategic directions to guide budget policy and offers a roadmap that avoids harmful tax increases and makes spending better serve New Yorkers by suggesting reforms in five key areas: Medicaid, school aid, correctional facilities, public employee benefits, and programs like STAR and Empire Zones.
Op Ed
Pensions & Benefits
State Can't Afford Overly Generous Pensions
January 31, 2009
Written by CBC President Carol Kellermann and President and CEO of the Business Council of New York City Kenneth Adams, this op-ed outlines Governor David Paterson’s proposed measures in response to the challenges associated with such a high-cost fringe benefit system.
Op Ed
Pensions & Benefits
NYC's Out-Of-Control Labor Costs
January 12, 2009
Written in conjunction with the report “Six-Figure Civil Servants: Average Compensation Cost Of New York City Public Employees,” which showed that the average compensation costs of full-time City employees was $106,743 in the last fiscal year, this op-ed by CBC President Carol Kellermann suggests three steps to be taken immediately to avoid jeopardizing the City’s economy and its services.
Op Ed
State Budget
Budget Busters
August 18, 2008
CBC President Carol Kellermann discusses Governor David Paterson's offer of a menu of more than $1 billion in savings proposals from which he challenged legislators to select $600 million worth when they convened in Albany for a special session.
Op Ed
Pensions & Benefits
Paterson Must Veto Pocket-Picking Mandate
June 26, 2008
The Legislature recently passed a bill -- A9393A/S6457A -- that would prevent local officials from achieving savings in the skyrocketing cost of providing health insurance for government retirees and their dependents by prohibiting any reduction in benefits.
Op Ed
State Budget
Overhaul Prisons to Cut Costs
February 18, 2008
One place where the State can extract savings is in its prison system, an option that this op-ed discusses. New York simply does not need all 69 of its correctional facilities.