Thomas DiNapoli

For several decades, state and local governments have been showering private businesses with tax breaks and direct subsidies based on the theory that this practice fosters economic development and, therefore, job growth. But does it?
A report released this week from the State Comptroller’s office suggests one thing most New Yorkers probably already know.
The situation is especially bad in New York City, the income inequality capital of America. Over 50 percent of New York state
Local governments across New York State are collecting less in taxes, burning through their cash reserves and running up
After months of haggling and debate, Congress finally passes reform legislation to fix a serious rupture in the body politic, and the president signs it into law. But the fight's just begun, because the special interests immediately set out to win back what they lost when the reform became law.
"Management has no clear strategy to achieve its own benchmarks and goals for curbing costs," DiNapoli said at the time. "Every
But again, the outcome isn't certain. Other commentators have said that in order to induce a sell-off, the downgrade would
However, compared to our best-selling author/President, the earning of New York officials seem relatively low. President
The bankers and brokers receiving deferred compensation will not owe income taxes until they sell shares or exercise stock
In the classic tug of war between labor and management over wages and pensions, the unions' political strength has driven management into the mud of deficit and despair.
Nobody was watching President Obama on CNN during Happy Hour at the PJ Clarke's in the World Financial Center.
Last spring, while the New York legislature stubbornly refused to agree on a budget, Richard Ravitch came up with a plan to rein in the state's out of control deficit. It was a tough sell.
But how feasible would a rate reduction be? For New York City, according to University of Rochester professor Robert Novy
As the sun sinks on Paladino's political career, say goodbye to one of the worst candidates for major office in the history of New York politics. Farewell, Carl. We will not see your like again. Let's hope.
Congress-13th Congressional District In the only truly competitive congressional race in the city, center-left Democrat incumbent
Forget the likes of Carl Paladino, Andrew Cuomo and Chuck Schumer. The most interesting race on the ballot for those of us in New York City is the one for state comptroller.
The next eight weeks will show us whether the Republican candidate for comptroller can ignite widespread feelings against incumbency and the public demand for fiscal responsibility into support.
In the past three weeks, our nation crossed a line in how we think about coal, and it now seems coal's long flight of dominating how we produce electricity has embarked on a final decline.
Today, the MTA launches a whirlwind tour of public hearings citywide. These hearings will be the first of their kind since 585,000 student straphangers learned they would lose subsided fares.