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August 13, 2019PIT revenues are a significant - and volatile - part of State and City budgets.
Blog Capital Spending
June 07, 2019Like most other spending decisions, capital spending is best decided during budget negotiations.
April 05, 2019The NYS Adopted FY 2020 Budget directs three revenue sources to support the MTA. This blog clarifies what the revenue streams are and how they will flow to the lockbox.
March 13, 2019The pied-à-terre tax is appealing politically because it is levied on wealthy people with means to pay and nonresidents who do not vote. Nevertheless, it is problematic for several reasons.