Most New Yorkers are aware that the state has a cap on local property taxes that has effectively slowed their growth. But few know that residents of a few large cities benefit from a multi-million-dollar infusion of state dollars that limits property taxes, while residents of smaller cities, towns and villages get far less help. […]
I’ve been looking at how well the State’s local revenue sharing works. It doesn’t work well. I wrote an Op-Ed that appears in the Albany Times-Union this weekend: It may be found here: https://www.timesunion.com/opinion/article/State-s-unfair-city-aid-formula-needs-revising-13709884.php I’ll have a longer piece that takes a closer look at this on my blog next week.
The slow growth of worker incomes since 2000 has been the subject of intense policy and political debates. One of the clear messages of the 2012 Presidential campaign was the call to remedy perceived distortions in world trade that have disadvantaged American workers, particularly those had in the past held jobs in manufacturing industries. The […]