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Citizens for Tax Justice ruminated today on the hullabaloo over the Partnership for NYC’s claim that the rich are fleeing New York’s taxes.
Responding to criticisms, the Partnership amended its report, which now states — correctly -that it relies…
February 25th, 2011
Who could resist this colorful subtitle: “How the Committee to Save New York’s Corporate Elites Dodge Taxes, Score Handouts, Get Bailed Out,and Still Want More?”
Among the report’s findings: Wealthy individuals associated with the Committee would enjoy millions of dollars…
February 25th, 2011
Remember the myth of tax-fleeing millionaires? It’s Wall Street’s favorite scary story.
Luckily, we’ve got the facts to ward off nightmares.
Fact: The number of the high-net worth households in New York has increased from 345,892 in 2009 to…
February 24th, 2011
Today’s Crain’s Insider affirms what many economists already argue:
“The nationwide decline [in millionaires] suggests that New York lost millionaires primarily because New Yorkers made less money and saw their property values drop during the recession, not…
February 23rd, 2011
The business-backed Partnership for NYC is claiming that the wealthy are fleeing NY to avoid the surcharge on high incomes.
Economists and academics have long refuted that significant numbers of high earners move to avoid marginally higher taxes.…
February 21st, 2011
It’s a double whammy.
President Obama’s budget proposal would compound the pain of New York’s state cuts.
Federal heating assistance for low income families? Halved.
Pell grants for summer classes? Eliminated.
It’s not just the poorest who stand to lose.…
February 17th, 2011
Check out this week’s Upside Down and learn about New York’s wealth divide from our newest installment of ABCs of the New York State Economy.
February 4th, 2011
The Center was quoted in Too Much‘s Stat of the Week:
“At the end of this year, a tax surcharge on New York State incomes over $200,000 will expire. The expiration of this modest tax…
February 2nd, 2011
Check out Upside Down: Commentary on Inequality in New York State - the Center’s weekly economic update — for the answer.
January 27th, 2011
James Parrott’s new article in The Indypendent discusses the report that the Center for Working Families coauthored with the Fiscal Policy Institute, “New York Has The Ways And Means: How and Why Wall Street Should Give…
January 25th, 2011
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