A tax cut to save the citys small businesses on May 8, 2017New York’s City Council, long known as a rabid right-wing body, is pressuring Mayor de Blasio to cut a tax. No, really: The council is almost entirely Democratic. But the city’s pragmatic Democrats realize that New York’s tax burden is hurting small businesses. They want the mayor to put aside his own ideology and help […]
Cuomos risky deal for the MTA on January 30, 2017Few noticed when the state-run MTA announced a labor pact with its largest workforce, the Transport Workers Union, on Martin Luther King Jr. Day. Gov. Andrew Cuomo is getting a pass here – a pass he doesn’t deserve. The riders and taxpayers who pay the bills can’t afford this strange deal, which will push critical […]
Why New Yorks most beloved stores are dying on December 5, 2016Tis the season to be shopping – but in Manhattan, where? New Yorkers set in their retail routines are suffering annoyance and anxiety as their favorite places to browse close. And the industry responsible for a big chunk of New York’s recent job growth is facing serious woes. Last week, The Post’s Steve Cuozzo reported […]
The road to Trumps rise big banks behaving badly on September 15, 2016Eight years ago Wednesday, Lehman Brothers collapsed into bankruptcy. To stem the panic, the feds launched the biggest bailout the world has ever seen. In rewarding failure, America allowed a broken, corrupt financial system to flourish — and, yes, has invited populists like Donald Trump to take the stage. The latest example of how greed […]
A $15 minimum wage will crush the retail industry on August 7, 2016new york: Last week, Hillary Clinton’s Democratic Party officially adopted a $15 minimum wage as party of the 2016 platform. If Clinton succeeds in getting this past Congress, it would disproportionately affect retail trade at a time when retail giants and small-business owners alike already have enough reasons to slash costs. The federal minimum wage […]
Theres no such thing as free trade with China on May 29, 2016 The president vows “firm, tough enforcement” against China, and slaps a new tax on Chinese steel that would nearly quintuple its price, all to protect American steel jobs. No, that’s not President Trump next year. It’s President Obama now. The steel problem is this: As China spent the past two decades building factories, skyscrapers […]