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fiscal policy institute
CBO projects US will add $19 trillion to the national debt in the next decade
The CBO’s new projections show $3 trillion more will be added to the national debt by 2033 than was previously expected.
New York is rich, but Gov. Hochul still wants to raise your taxes
Hochul will “only” increase spending by 2.4% for the fiscal year that starts April 1.
With no chance to pass, de Blasio passes on luxe apartment tax
Mayor de Blasio isn’t going to support a luxury tax on apartments valued at $5 million or more that are owned by absentee landlords because it doesn’t stand a chance in...
Fiscal Policy Institute proposes tax on luxe pied-á-terres
Left-wing allies of Mayor de Blasio have come up with a new way to tax the rich by going after nonresidents who buy expensive co-ops and condos that they seldom...
New York State's labor force's wages continue sliding
New York’s labor markets are sliding into the abyss. It’s a steep drop, with the Empire State’s 9 million-plus workers seeing their wages decline sharply in the wake of the...