The United States and the world have been forever changed by COVID 19, both socially and economically. The effect on our economy is stark, and there is legislation designed for relief.
Long Island – We will Get Through the Coronavirus If We Act Now
Suburban Long Island’s two counties, Nassau and Suffolk, are neighbors to New York City that is currently the epicenter of coronavirus crisis in the United States and the world. Shuttered businesses and social distancing are currently in effect to minimize the spread of the virus. These practices will remain in place for the next month […]
California Governor Jerry Brown’s proposed budget for fiscal year 2019 includes a noteworthy $5.1 billion contribution to the state’s rainy day fund, bringing that fund to $13.5 billion, achieving its constitutional target of 10 percent of California’s general fund tax revenues. In contrast, Governor Andrew Cuomo’s Executive Budget for Fiscal Year 2019 makes no new […]
The failure to secure supply from interstate pipelines that meet federal, state and local requirements, has resulted in Con Edison issuing a moratorium on March 15, 2019. As such, the utility will no longer be accepting applications for new natural gas connections in most of their Westchester service area until they can align demand with […]
Slowing population growth and an aging population present numerous fiscal challenges for Nassau County. This combination will result in lagging sales tax growth which constitutes 46 percent of County generated revenues. Seniors have already made investments in homes, household appliances, automobiles and typically spend less on these goods compared to younger, growing families. Property taxes, […]
The recent move by Amazon to withdraw from its proposed headquarters in Long Island City raises many issues. The arguments proffered by the opponents of the Amazon sight in Long Island City were based on the size of the subsidy offered, nearly $3 billion, and the bypassing of typical land use approval processes. An overarching […]
On May 14, 2018 the State of New Jersey won a landmark ruling from the Supreme Court of the United States overturning the Professional and Amateur Sports Protection Act (PASPA) that had effectively prohibited states outside of Nevada from allowing full sports betting. PASPA exempted states (Delaware, Montana, Nevada, and Oregon) that had existing laws […]
