It’s time we all got along …
Mar
27
Mar
27
Hotel discounts that cost taxpayers
It seems local IDAs still haven’t come across a hotel subsidy deal they don’t like. The Amherst IDA in January approved $1.9 million in tax breaks for a hotel and retail shops on Main Street in Williamsville that Carl Paladino plans to develop on the former site of Stereo Advantage. On Monday, the Erie County […]
Mar
26
Sobering stats for Hochul
A reader forwarded a post from the Daily Kos that lays out all sorts of interesting voting patterns in the New York’s reconfigured Congressional districts that underscore just how amazing Kathy Hochul’s victory was last year in the old 26th District and how difficult a repeat performance will be in the new 27th. Press accounts […]
Mar
26
In 2010, as the nation continued to recover from the recession, a dizzying 93 percent of the additional income created in the country ... went to the top 1 percent of taxpayers, those with at least $352,000 in income ... 37 percent of these additional earnings went to just the top 0.01 percent, a teaspoon-size collection of about 15,000 households with average incomes of $23.8 million.~ Steven Rattner
Mar
26
Handicapping a Hochul-Collins race
There’s the matter of an almost certain GOP primary, but the announcement over the weekend by Chris Collins that he is running for the 27th Congressional District leads to inevitable speculation about a general election showdown with Kathy Hochul. Conventional wisdom holds that the Republican holds a distinct advantage because of party enrollment figures. While […]
Mar
26
Even the Chamber supports IDA reform
Momentum grows for clipping wings of town IDAs that grant tax breaks other governments have to live with