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Op Ed Economic Development
June 02, 2010Deputy Research Director Elizabeth Lynam penned an op-ed in the Albany Times Union that advocates for the overhaul of the State's economic development programs in order to capture true job creation with scarce resources.
Letter Economic Development
April 12, 2010This letter was written to urge the State legislature to allow the seriously flawed Empire Zones program to sunset as of June 30, 2010, as established by law, and to enact the Excelsior program as proposed by the Governor.
Blog Economic Development
March 24, 2010Explains why Empire Zones were ineffective and argues in favor of the improved features of Excelsior tax credits.
Report Economic Development
December 02, 2008The Economic Development Zone program has become a vehicle for giving tax breaks to a variety of corporations with no clear, consistent, verifiable justification for the public investment. This report describes the benefits enjoyed by participating firms and how those benefits are distributed among economic regions of the State and types of firms; identifies and elaborates on the three serious problems that compromise the program’s efficacy; and asserts that the Empire Zone program cannot be fixed, citing past failures to do so, and should end.
Op Ed State Budget
August 18, 2008CBC 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.