Alan Joel

Cuomo’s Appalling Waste of Taxpayer Money

It is an outrage that Gov. Andrew Cuomo is spending up to $140 million of taxpayer money and funds received for disaster relief, to publicize the advantages of conducting business in New York. New York is indisputably one of the most unfriendly business states, with a Legislature that piles huge administrative burdens onto businesses and a Department of Taxation that is among the most aggressive in the country.

New York City is Running Out of Other People’s Money

In a twist of irony, "Big Government" Bloomberg has admitted that NYC is at the edge of a fiscal precipice.

Internet Tax Is Just Another Revenue Grabber

Arthur Laffer wrote a decent article recently in the WSJ regarding the merits of the internet sales tax being considered this week in Congress. He is correct when he asserts that “the principle of levying the lowest possible tax rate on the broadest possible tax base is the way to improve the incentives to work, save and produce—which are necessary to reinvigorate the American economy and cope with the nation's fiscal problems”. However, from an accountant’s perspective, there are a few points that need clarification.