Testimony to Senate Oversight Hearing on Economic Impacts of Tax Incentive Programs Relating to Economic Development and the PFM Report   November 20, 2024   Good morning Senators. Thank you for having me and thank you all for your efforts to reform economic development spending, including commissioning the PFM Group report on the Economic Impact […]

Empire State Development data shows the taxpayer subsidy for one film/TV job skyrocketed by 12% in the last two years, increasing $8,000 from $67,000 in 2022 to $75,000 in 2024   Reinvent Albany analyzed data published by the Empire State Development Corporation and found New York taxpayers shelled out $75,000 in cash for each film/TV […]

Testimony to MTA Board   November 18, 2024   Good morning. I am Rachael Fauss, Senior Policy Advisor for Reinvent Albany. We advocate for more transparent and accountable New York government. Members of our team have advocated for congestion pricing for thirty years and we continue to believe congestion pricing will provide enormous environmental and […]

Opportunity Zone boosters were thrilled about Donald Trump’s election victory, as it greatly increases the chances that the federal government will “broaden and extend” the handout to luxury real estate, Trump cronies, and gun megasellers (Bloomberg Law). There’s never been a better time for NY to pass S543-A (Gianaris) / A2170-A (Dinowitz), which would end […]