Majority of states now have top rate below 5 percent States are increasingly choosing sides on income tax policy. The general national trend in recent years has been toward lower, flatter income tax systems, while a smaller…
Governor Hochul’s focus on affordability seems to have skipped over the healthcare portions of the new state budget. The deal finalized May 27 between Hochul and the Legislature, which was came almost two months into new…
As Governor Hochul and legislative leaders rush to finalize the overdue state budget, outlines of some healthcare-related deals have begun to emerge from the closed-door negotiations. Those deals reportedly include…
Balancing a state budget is an exercise in tradeoffs. Every dollar allocated to one priority is a dollar unavailable for another. Yet those tradeoffs are often difficult to see, buried in lengthy documents, complex fiscal…
In his annual message to shareholders, JP Morgan Chase’s chief executive, Jamie Dimon, offered a timely and pointed warning for New York policymakers. It’s worth quoting in full, with emphasis added for a few key points:…
As Washington threatens to crack down on fraud and abuse in New York’s Medicaid program, state legislators are doing their best to demonstrate why federal intervention is needed. A glitch in the state’s “surprise billing” law…
Yesterday the Fiscal Research Division, along with the state budget office, released its updated revenue projections for the remainder of the current fiscal year and next year. Revenue projections are important because they…
Harrisburg, Pa., March 11, 2026 — Pennsylvania is one of the most overregulated states for childcare. And despite more than $50 million in additional state funding since 2023, too many families continue to…
Complex system insulates districts that agree to raise taxes the fastest You might be paying higher school property taxes this year because of a referendum to exceed a school district’s revenue cap — one that you did not get…
Senate throws a wrench into Assembly plan for sustaining nonprofit that covers Legislature’s doings Until last week, it appeared that legislators from both political parties were on a path to restoring WisconsinEye, an…
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