State Tax Revenues Slow in Fourth Quarter
Tax data for the October-December quarter of 2013 show that personal income tax (PIT) growth slowed to 1 percent, down from 5.3 percent in the third quarter, and down from an average of 15.9 percent in the three quarters before that. The growth in personal income tax collections will likely be much softer in the first half of 2014. Sales tax revenues for the fourth quarter have been resilient, suggesting that the income tax weakening may be driven more by the depressing effects of temporary factors. However, in most states, the overall trend in tax collections for fiscal 2014 is positive.
Poverty, Innovation, and Evidence-Based Policymaking in NYC
In a new report, the Rockefeller Institute analyzed the New York City Center for Economic Opportunity, an innovative institution committed to trying and testing diverse ways of reducing urban poverty and making policy decisions based on the results.
About the Open Health Data, Open Opportunities Workshop
How can releasing millions of data points improve the health of New Yorkers? This interactive workshop brought together researchers and practitioners to explore how open health data can be a viable new resource for health research and developing innovative health interventions.
New Report on Underfunding of Public Pensions
The Rockefeller Institute, in cooperation with the State Budget Crisis Task Force, released a new report on the crisis of underfunding of public sector defined benefit plans at the National Press Club. This is the first in a series of Blinken Reports, annual analyses of key fiscal issues affecting state and local governments.
Political Cooperation in Tackling Sea Level Rise Unlikely
Sea level rise in the Northeast is a regional problem that requires a coordinated regional response. In this report, Rockefeller Institute Senior Fellow James W. Fossett and University of Buffalo Research Professor Kathryn Friedman examine the possibilities for coordinated regional action to address this difficult problem in the aftermath of Superstorm Sandy.
National Network to Report on Implementation of ACA
The Rockefeller Institute of SUNY and the Fels Institute of the University of Pennsylvania are working with researchers in 30 states to study the implementation of the Patient Protection and Affordable Care Act of 2010. The first report, on the western states, will be released this month. Richard P. Nathan (senior fellow, Rockefeller Institute) describes the project.