When companies that got their start on college campuses come to mind, the universities in question are typically the big-name schools that bespeak tech royalty: Stanford spawned Google, Harvard launched Facebook, MIT begat Dropbox. Locally, NYU has been the big … Continue reading
When congressional Republicans and the White House agreed to their long- awaited “fiscal cliff” tax deal early on January 1, the news media celebrated it as a compromise that raised taxes on the rich while protecting everyone else. As NBC … Continue reading
The June issue of Extra! is out, and with it my article on how coverage of state budget battles back in the spring swept under the rug the question of how much of the budget crises were caused by past … Continue reading
The 1099 tax form mess continues, with both the House and Senate moving to pass repeal bills. Unfortunately, the Senate’s solution for filling the resulting revenue gap is to promise vaguely to find unneeded spending it can cut; the House’s … Continue reading
As part of City Limits’ series on what New York is getting itself in for with its next governor, I look at Carl Paladino and Andrew Cuomo’s job-development plans (but mostly Cuomo’s, because Paladino had to leave the story early … Continue reading
For anyone wondering whether Obama’s reported plan to give lots of investment tax breaks to businesses is really that bright an idea, Robert Reich today gives a resounding “no way, no how“: The economy needs two whopping corporate tax cuts … Continue reading
I went to a city hearing on giving tax breaks to an alleged union-busting firm for new office space, and more or less lived to tell the tale: Meetings of the Industrial Development Agency – the city agency in charge … Continue reading
With the Great Blizzard of 1099s still looming (if 2012 counts as “looming”), there could be a white knight riding to the rescue … would you believe the IRS? With a new mandate looming that will require business owners to … Continue reading
I know this title makes it sound like a Spencer Johnson sequel, but it’s actually an investigation of how the U.S. news media has largely bought the line that the growing federal deficit is a sign that Americans have been … Continue reading