• California’s $202 billion state budget fails to provide the basics

    California’s $202 billion state budget fails to provide the basics

    California’s 2020-21 $202 billion state budget spends about three times as much per state resident, adjusted for inflation, as 30 years ago. But look around and you won’t see your tax dollars at work. You will see public schools in disrepair, potholes large enough to take out your rear axle and century-old water pipes bursting. …
  • Shuttered hotels costing NY $1.3 billion in tax receipts, report says

    Shuttered hotels costing NY $1.3 billion in tax receipts, report says

    Severe limitations on travel and the virtual shutdown of the hotel industry during the coronavirus pandemic is wreaking havoc on the treasuries of state and local governments, a sobering new report reveals. Tax revenues that hotels generate for New York’s state and local governments will crater by $1.3 billion this year, according to an analysis …