Page Makes the Case for Cancelled Rebates

New York City’s budget director Mark Page is testifying at a City Council hearing at City Hall right now about Michael Bloomberg’s proposal to help close the city’s multi-billion budget gap.

Key here is the Council’s opposition to Bloomberg’s plan to rescind the $400 home owners rebate, which Page says would provide much-needed revenue. “The Read More

Council Members: This Tax, Or the Other One?

Council members Simcha Felder and Peter Vallone Jr. are circulating a letter in support of re-instating the commuter tax.

The letter, sent to other council members, argues that reinstating the commuter tax and closing costly loophole in the state pension law are crucial to the city’s budget. "[T]he alternative," the letter says, is "further Read More