tax revenue

(Newser) - Officials on Long Island have initiated a study on the economic feasibility of its secession from New York state, Newsday reports. While acknowledging the difficulties of establishing a 51st state, Suffolk County Comptroller Joseph Sawicki said the proposal is really about examining what Long Island contributes to greater New York,...

(Newser) - Rising interest rates, falling tax revenues, and construction costs that have skyrocketed are causing local and state governments to rethink projects as diverse as building new schools, repairing bridges, and roads, even constructing new levees in the Everglades, reports the New York Times. Experts say fast-growing global economies are also...