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Behind Christie’s budget claims, a more controversial legacy

published by nyfwa on Sun, 2015-04-19 19:09

New Jersey Gov. Chris Christie frequently criticizes budget 'sins' committed by his predecessors – underfunding pensions, borrowing against future revenues, using one-shot budget-fixes – and claims he has shied away from such maneuvers to put the state on a stronger fiscal footing. But an analysis of the New Jersey budget by NYFWA members Allan Sloan and Cezary Podkul found that he has committed many of the same sins, and some new ones that have no precedent.

Tax Reminders for Couples Contemplating Tying the Knot--Again

published by nyfwa on Wed, 2015-04-15 22:50

Reminders on why couples considering marriage should consider the tax consequences beforehand.

By Julian Block

As an attorney and author who has written and lectured extensively about the tax aspects of marriage and divorce, I frequently receive questions from couples contemplating marriage.

Dollar's rise squeezes Long Island exporters

published by nyfwa on Fri, 2015-04-10 16:31

Some of Long Island's largest companies are caught in a macroeconomic vise as the strong U.S. dollar, which has climbed 31 percent against the euro in the past 12 months, squeezes export sales. By Ken Schachter  http://www.newsday.com/business/pall-corp-aceto-corp-comtech-and-henry-s...

 

How Wall Street Tobacco Deals Left States With Billions in Toxic Debt

published by nyfwa on Wed, 2015-04-08 21:56

Politicians wanted upfront cash from a legal victory over Big Tobacco, and bankers happily obliged. The price? A handful of states promised to repay $64 billion on just $3 billion advanced. By Cezary Podkul

http://www.propublica.org/article/how-wall-street-tobacco-deals-left-states-with-billions-in-toxic-debt

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