US states forecast highest tax revenue in 5 years
U.S. states expect to collect higher tax revenues in the coming budget year that combined would top pre-recession levels, according to a survey released Tuesday. The increase could reduce pressure on...
View ArticleFederal deficit totals $844.5B through 8 months
The federal budget deficit is approaching $1 trillion for a fourth straight year even though the government is collecting more tax revenue than last year. The Treasury Department said Tuesday that the...
View ArticleDiNapoli reports NY taxes near July projection
New York Comptroller Thomas DiNapoli says state tax revenues for July of $3.9 billion are marginally above projections, following two months when they were short. DiNapoli said Monday the state’s...
View ArticleDiNapoli says NY tax receipts below projections
DiNapoli says the state government's budget remains on relatively solid ground, but "weak revenue collections and slow economic growth" show a need for caution.
View ArticleNY tax revenue rises, but lags projections
New York State Comptroller Tom DiNapoli said tax collections rose 1.2 percent, or $545.4 million, well below the 2.9 percent the state had projected.
View ArticleObama to press GOP on averting sequester
President Barack Obama is urging congressional Republicans to accept more tax revenue in order to avert across-the-board budget cuts due to take effect in less than two weeks.
View ArticleProjected lower deficit could slow budget deal
A CBO study cites higher tax revenues and better-than-expected payments from Fannie Mae and Freddie Mac as the reasons for the improved outlook.
View ArticleCantor: For Suffolk, the numbers don’t add up
Suffolk County officials need to have realistic expectations.
View ArticlePanel: Apple uses firms outside US to avoid taxes
Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes.
View ArticleThe Empire State strikes back
How New York (and Long Island) wage the job-creating, economy-saving battle of the states.
View ArticleHerbst: On LI, all roads lead to better biz
We need to invest in our roads to main competitive.
View ArticleRyan: Time for Nassau to make a move
Nassau needs to recruit NYC companies leery of the city's next mayor.
View ArticleNY mid-year report shows sluggish economic growth
New York State has shown slow economic growth and a decrease in projected spending through the mid-year, New York State Comptroller Tom DiNapoli said.
View ArticleReport: Gambling industry paid out $38B in taxes
The numbers arrive as developers and industry officials continue to push for casino properties in cities and states normally unaccustomed to the sounds of ringing slot machines.
View ArticleFusaro: Orchard plan won’t boost school profit
The article “Large-scale retail plan could bear fruit in Huntington” perpetuates a misunderstanding regarding potential revenue to the Elwood School District.
View ArticleObama to press GOP on averting sequester
President Barack Obama is urging congressional Republicans to accept more tax revenue in order to avert across-the-board budget cuts due to take effect in less than two weeks.
View ArticleProjected lower deficit could slow budget deal
A CBO study cites higher tax revenues and better-than-expected payments from Fannie Mae and Freddie Mac as the reasons for the improved outlook.
View ArticleCantor: For Suffolk, the numbers don’t add up
Suffolk County officials need to have realistic expectations.
View ArticlePanel: Apple uses firms outside US to avoid taxes
Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes.
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