Keyword: Taxes
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Two weeks after former New York State Comptroller Alan Hevesi was sentenced to prison for his role in a “pay-to-play” scheme, Governor Cuomo proposed “Hevesi’s Law,” aimed at keeping future state employees from collecting pensions if they’re convicted of an abuse of power. more
The Village of East Rockaway has released its tentative budget for 2011-12, which is 4.4 percent lower than the current spending plan, and which will reduce residents’ taxes by 3.5 percent. This tax cut would mean that the average homeowner will save approximately $94 annually. more
Politicians are normal people. They like to be with winners, and want badly to blend in with the crowd. That may be the reason why New York state’s elected officials wind up supporting things like tax caps: They sound sexy and are appealing to today’s voters. more
As Americans, we take great pride in the companies that call the U.S. home and choose to have their headquarters here. Companies that have been around forever, like GE, General Motors, Microsoft and Cisco, are American staples. more
Long Island’s history books have recorded the fact that our bicounty area has been blessed by many great political names, each of whom exercised great political clout in Washington, Albany and Mineola. more
Would you be willing to pay $4 a month more in property taxes to help shield the poor and neediest of your neighbors from the harshest of cuts to county services that are their lifeline? more
It is time for leaders to take strong, firm stances. That goes for lawmakers in Washington and Albany, our county, town and village representatives and the elected members of our own boards of education. more
For several local school districts, balancing budgets is becoming a daunting challenge. Higher pension costs, a loss of state aid and a possible state tax cap have many school officials looking to tighten their spending plans. Gov. Andrew Cuomo released his first budget proposal on Feb. 1, and districts are being told to tap into their reserve funds to make up for the possible, impending state aid cutbacks and a proposed 2 percent tax cap. Many administrators say they have few options for dealing with increasing costs. more
On Feb. 1, Governor Cuomo delivered his first budget address. It was a no-holds-barred speech in which he admitted that years of dysfunction and mismanagement has driven our state into “functional bankruptcy.” more
I was disappointed by the decision of the state’s financial oversight board, the Nassau County Interim Finance Authority, to take over Nassau County’s finances. more
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