Category Archives: budget

New York: Most Unequal State in the Nation!

Posted on November 14, 2022 by David Posnett

A new report from the Institute on Taxation and Economic Policy (ITEP) recently found that New York State is home to the highest concentration of extreme wealth in the United States. New York State also has the greatest income inequality … Continue reading →

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How to Climb out of the Financial Rut in NY State

Posted on February 6, 2021 by David Posnett

On Feb. 5th R&R heard a presentation by Rebecca Saletan and Nick Lyndon on “The Invest in our New York Act”. It is a package of 6 bills for the State of NY. Together they are proposed to raise more … Continue reading →

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Zeldin Supports GOP Shenanigans

Posted on July 16, 2018 by David Posnett

Published as Letter to Editor, The East Hampton Star Fiscal Chicanery July 10, 2018 Dear David, If you are under any illusions about congressional Republicans’ intentions to undermine the financial security of American families, just take a look at their … Continue reading →

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Trump Wants to Charge Retailers to Accept SNAP Benefits (Food Stamps)

Posted on June 22, 2017 by David Posnett

When is the GOP’s cruel assault on the most vulnerable going to end? From Modern Farmer By Andrew Amelinckx on June 9, 2017 You’ve probably heard about the White House’s proposed overhaul of the Supplemental Nutrition Assistance Program (SNAP) program, … Continue reading →

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Trump’s Budget Could Create Chaos in the States

Posted on June 16, 2017 by David Posnett

By Richard C. Auxler President Trump’s proposed 2018 budget would result in deep cuts to federal payments to states. Federal funds currently account for nearly a third of state expenditures, so if enacted, Trump’s budget would kick huge decisions to … Continue reading →

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What the Federal Government is Telling States: Statements from the President’s 2018 Budget Proposal

Posted on June 16, 2017 by David Posnett

By John Hicks posted 14 days ago The President’s fiscal year 2018 budget request to Congress includes many elements that shift more responsibility to state and local governments or modify some longstanding fiscal federalism practices through funding eliminations or major … Continue reading →

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The Brownback Tax Cut Experiment Ends in Kansas

Posted on June 9, 2017 by David Posnett

Howard Gleckman June 7, 2017 Just as President Trump is ramping up his push for a major tax cut that he believes will pay for itself through faster economic growth, the Kansas template for that approach has crashed and burned. … Continue reading →

Posted in budget, economy, Employment, Tax Reform, Trump | 1 Comment

A Crazy Man for President

Posted on June 7, 2017 by David Posnett

OK, it took all of four months, but I think it’s been pretty well established by now: we’ve elected a crazy man for President.  Not that for most of us there were any doubts on that score on November 9th … Continue reading →

Posted in budget, climate change, Paris Climate Accord, Trump, Uncategorized | Tagged , , , , , , | 1 Comment

A Tale of Two Tax Triggers

Posted on May 29, 2017 by David Posnett

Tax Policy Center — May 17,2017 Richard C. Auxier   Oklahoma is running a nearly $1 billion budget deficit. The District of Columbia (DC) is enjoying a surplus. Yet both might kill scheduled tax cuts. And, for different reasons, both … Continue reading →

Posted in budget, Tax Reform, Trump | 1 Comment

“Assume A Can Opener” — Trump’s Can Opener Budget

Posted on May 29, 2017 by David Posnett

The Tax Policy Center By Howard Gleckman You know the old joke: An economist and a seaman are stranded on a desert island with only canned food to eat. But they have no way to open the containers. “What do … Continue reading →

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