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Report
Economic Development
It's Time to End New York State's Empire Zone Program
December 02, 2008
The 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
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.
Report
Taxes
The Citizens Budget Commission Review of Circuit Breakers
February 04, 2008
CBC recently looked at the option of expanding New York’s existing circuit breaker program to provide targeted relief to the neediest taxpayers as background for a forum on local tax relief convened on December 6, 2007. Based on that review of options the following points, outlined in this report, can be highlighted: 1) Circuit breakers are common; 2) New York’s circuit breaker needs reform; and 3) The poorly crafted School Tax Relief Program (STAR) would work better as a circuit breaker.