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Op Ed
Economic Development
Rigorous Data Should Show Where Incentives Work Best
Crain’s New York Business
March 23, 2023
This is one area in which New York should stop following its motto—“Excelsior”!
Blog
Economic Development
Shrink, Don’t Expand, the New York State Film Tax Credit
March 06, 2023
The current program already is overly generous compared to other states and should be phased out.
Blog
Economic Development
No Extension without Evaluation
Reject Proposed Extension of Certain NYC Economic Development Tax Breaks Absent Appropriate Analysis
February 23, 2023
Prior evaluations found two of these programs to be ineffective; the bar to justify their extension should be appropriately higher.
Press Release
Economic Development
Pennsylvania Station Area Civic and Land Use Improvement Project
June 24, 2022
Read more on the outstanding issues that must be addressed for the project to have the maximum and most cost-effective impact for all New Yorkers.
Press Release
Health Care
CSS and CBC Release Comprehensive Report Analyzing Several Options for Closing State’s Health Insurance Coverage Gap
January 12, 2022
More than one million New Yorkers are uninsured; increasing the number of people insured would reduce morbidity and mortality and improve economic security
Blog
Economic Development
Complement, Don't Duplicate
Targeting NYC Small Business Recovery Programs
June 21, 2021
It is critically important for the City to identify potential gaps first by determining which businesses are eligible for which existing programs and whether those programs reasonably meet their needs.
Press Release
CBC News
Watchdog Groups Urge Senate and Assembly to Pass “Database of Deals” Transparency Law
May 11, 2021
The ESD Database of Economic Incentives includes only a fraction of State subsidies to businesses and does not contain crucial basic information.
Blog
Taxes
Getting Into the Weeds About Potential Recreational Marijuana Revenues
November 16, 2020
State leaders should be cautious about relying on these potential revenues to help close budget gaps.
Blog
Taxes
Let a Sleeping Tax Lie
New York Should Reject Proposals to Reinstate the Stock Transfer Tax
November 09, 2020
If the rebate were eliminated, essentially putting the tax back into effect, New York would become the only state to impose such a tax on the sale and transfer of stock.
Blog
Taxes
Live From New York, It’s Excessive Tax Incentives!
October 28, 2020
Since 2004 New York State has allocated $7.8 billion in tax incentives to the film and television industry—almost enough to build two Mario M. Cuomo bridges or two Freedom Towers.
Blog
Taxes
Slumping Sales
Pandemic Continues to Batter City Economy
October 27, 2020
Recently released sales tax data show the COVID-19 pandemic and recession continue to batter New York City.
Op Ed
Taxes
Don’t Bring Back the Stock Transfer Tax
City & State
October 23, 2020
It could drive business out of New York and won’t live up to revenue projections.
Blog
State Budget
New York Taxes: Layers of Liability
June 25, 2020
Any consideration of tax increases should include the impact on State and local economic competitiveness
Blog
City Budget
Buoying EDC's Operating Budget
June 01, 2020
EDC’s recent decision to reduce service hours and recalibrate routes on NYC Ferry is a step in the right direction.
Blog
Health Care
Maintaining Momentum on Medicaid Redesign
March 27, 2020
To ensure a sustainable Medicaid program that can help New Yorkers most in need in the future, the Executive and Legislature should continue the course correction started by the MRT, especially as they enact a budget during these troubled times.
Blog
Transportation
How Much Do City Taxpayers Really Contribute to the MTA?
February 21, 2020
City taxpayers pay 71% on MTA non-toll, non-federal revenues.
Press Release
Health Care
CBC Report Finds NYC H+H Recovered Only 54 Percent of Associated Patient Care Costs from Insurers
Compared to 85 Percent for Safety Net Hospitals
December 16, 2019
Majority of H+H Deficit was due to low revenue for care to Medicaid patients, not uncompensated care for the uninsured.
Blog
State Budget
Truth in (Financial Plan) Reporting
Will New York State’s Mid-Year Financial Plan Update Appropriately Reflect and Address the Medicaid Budget Shortfall?
November 05, 2019
The State must recognize actual and timely payments for the Medicaid program and explain how it will address the estimated $9 billion Medicaid budget shortfall.
Blog
Taxes
Personal Income Tax Revenues in New York State and City
August 13, 2019
PIT revenues are a significant - and volatile - part of State and City budgets.
Blog
Pensions & Benefits
Governor Cuomo Should Veto 19 Benefit Sweetener Bills
2019 Benefit Sweetener Scorecard Update
July 12, 2019
The bills would enhance benefits without providing enhanced services to taxpayers or offsetting savings.