RI DAILY

Manhattan's little, quieter island and beyond

Reporting Roosevelt Island since sunrise.

RI DAILY

Manhattan's little, quieter island and beyond

Reporting Roosevelt Island since sunrise.

Taxes

Report: New York has nation’s highest insurance costs

(The Center Square) — New York State has the highest insurance costs in the country, according to a new report, which says the rates charged for auto, health and other premiums are putting the squeeze on consumer’s wallets. The report by the New York Civil Justice…

Last Year, You Spent More Than A Month’s Rent on Pentagon Contractors

A dollar by dollar look at how our taxes enrich military contractors — at the expense of things that actually make us secure. By Lindsay Koshgarian | April 10, 2024 Cover Illustration by Sarah Gertler / Institute for Policy Studies. The Roosevelt…

MORE FOR THEM, LESS FOR US

Tesla, Ford, Netflix, and T-Mobile are among scores of profitable U.S. firms that pay their top executives more than they pay in federal taxes.  By Sarah Anderson, William Rice, Zachary Tashman | March 13, 2024/OtherWords In his State of the Union address, President Biden…

Report: New York delivers 1-2 punch in taxing, spending

(The Center Square) – New York and its local governments top the charts nationally when it comes to higher taxes and spending, according to a new report. Analyzing census state and local finance data, the Citizens Budget Commission found that in…

How to File Your Taxes for Free in New York City

The deadline for filing your 2023 tax returns is April 15. Here’s what you need to know about how to get help — for free — with the paperwork. By Divya Murthy, and Additonal Reporting By Rachel Holliday Smith Feb…

State and City Budgets Gamble on More Gains for the Very Richest

Greg David, The City This article was originally published on Jul 7 5:00am EDT by THE CITY When Mayor Eric Adams and City Council Speaker Adrienne Adams announced a $107 billion budget deal last week, the emphasis was on new…

Report: New York has the highest tax burden in the nation

(The Center Square) — New Yorkers contribute the largest portion of their annual income to taxes in the nation, according to a new report by the personal finance website WalletHub. The Empire State has the highest overall tax burden in the U.S.,…

Escape From New York? City Tax Data Shows 2020 Drop in High Earners

New York City’s economy survived the pandemic shutdown in 2020 because an unprecedented increase in jobless benefits buoyed households. The city avoided a fiscal crisis because a surge in capital gains for the richest taxpayers bolstered income tax collections. Greg…

Noisy Silence While New York Still Gets the Shaft in D.C.

Back in 2019, still in the Trump storm, we reported on how New York State – and others, like California – get screwed in Washington. Wealth piled up in populous states – where a lot of people actually chose to…

New York loses $19.5 billion in population exodus, IRS confirms

By Steve Bittenbender | The Center Square contributor May 28th, 2022 The Roosevelt Island Daily News (The Center Square) – The Internal Revenue Service this week released more troubling data for New York, with the federal agency showing more high-earning taxpayers…