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http://www.change.org/petitions/view/let_the_empire_state_finance_its_own_budget_gap - Petition to set up a State Bank in NY and pay the debt from the state CAFR.

http://www.osc.state.ny.us/finance/finreports/cafr09.pdf - NY State 2009 CAFR

http://economics.ucr.edu/papers/papers08/08-12old.pdf - The Hidden Taxable Capacity of Land : Enough and to Spare Mason Gaffney July 3, 2008. Accepted for publication in the International J. of Social Economics, Summer 2008

http://groups.google.com/group/common-ground-nyc/files - 238 Peer-reviewed studies by Professor Steven Cord


[1] http://groups.google.com/group/common-ground-nyc/files

[2] http://www.banknd.com/about_BND/index.html

[3] S ee page 21 of the accompanying 2009 annual report of the BND for more details.

[4] BND restricts loans to businesses and individuals with net worth <$500,000 http://www.banknd.com/lending_services/2009/legislativeprogramchanges.pdf

[5] http://www.osc.state.ny.us/finance/finreports/cafr09.pdf

[6] C urrent pension fund contributions of $2.9 billion (pg. 43) and benefits paid of $7.4 billion

[7] Various flaws in the city's 6 property tax class system, and chronic underassessments, may mean this figure is really twice as high - $1 Trillion. If so, "a levy of less than 4.3% on the true market value of land (well below the capitalization rate) would raise enough revenue to replace all other municipal taxes in New York City"such a lifting of tax burdens would greatly increase the volume of economic activity in the city"" pg. 10, Lindy Davies, Henry George Institute: New York City Property Taxes: From the Ridiculous to the Sublime, 02/28/2010

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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles was published by Tayen Lane Publishing (December, 2014) and may be found here:
https://tayen-lane.squarespace.com/america-is-not-broke/

Scott is President of Common Ground-NYC (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written (more...)
 

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Op-Ed News rules, eh?:)your friend,Ned... by Ned Lud on Thursday, Oct 14, 2010 at 9:55:40 AM