Fiscal Intelligence

Fiscal analysis that enables educators, small business owners, and community organizers to make informed decisions.

Who Pays?

“The lower one’s income, the higher one’s overall effective state and local tax rate. Combining all state and local income, property, sales and excise taxes that Americans pay, the nationwide average effective state and local tax rates by income group are 10.9 percent for the poorest 20 percent of individuals and families, 9.4 percent for the middle 20 percent and 5.4 percent for the top 1 percent.”

Because Carmen Farina Says So by Robert Pondiscio, City Journal 14 January 2015

Because Carmen Farina Says So by Robert Pondiscio, City Journal 14 January 2015.

Of Interest at the Fed by Nicole Gelinas, City Journal Winter 2015

“But did the Fed’s approach spare Americans a harsh reckoning, or only delay it? Even after more than $1 trillion in defaults and repayments, Americans still hold twice as much housing debt as they did in 2000. If mortgage debt had merely stayed in line with the growth in other prices instead of outpacing inflation, we’d owe a collective $6.6 trillion today on our houses, not $9.4 trillion. And what happens when mortgage rates rise, or when house prices stagnate or even fall again? We could end up where we were six years ago—with borrowers and lenders alike realizing that they can’t repay their debts.”

Of Interest at the Fed by Nicole Gelinas, City Journal Winter 2015.

MINIMUM WAGE INCREASES

http://nyti.ms/1vvHRXf

Wealth inequality has widened along racial, ethnic lines since end of Great Recession

Wealth inequality has widened along racial, ethnic lines since end of Great Recession.

The Effects of New York City’s Small High Schools of Choice on Postsecondary Enrollment

New York City’s new small public high schools of choice (“SSCs” for short) are well positioned to meet this challenge because of their focus on providing academically rigorous curricula and personalized learning environments for their students.

Budget Options for NYC 2014

Given the city’s relative fiscal health, is there a need to look to budget options? The simple answer is, “of course.” There is never enough money to meet all of the needs expressed by the city’s communities. And besides the need for more funds, there can be changes that could help improve equity and efficiency in the city’s spending and taxation—a benefit that could be associated with some of the budget options we present.

Student Attrition Rates at Charter Schools

Do School Districts Matter?

School Superintendents: Vital or Irrelevant

A recent Brookings Institution study found that superintendents on average account for just “0.3 percent of differences in student achievement.

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