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Entries Tagged as 'taxes'

Love, Logos, and Lawsuits

November 19th, 2008 · 1 Comment · Miscellania

I can't afford to Love NYI love America.

Hope I’m not the only one to appreciate the irony and marketing genius here.

Only $14.99, and Amy is right, ya better move fast if you want one (too).

www.icantaffordtoloveny.com

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Tourism Impact in the Adirondacks

September 9th, 2008 · 4 Comments · Destination Marketing

New York DollarsAccording to the recently released report, “The Economic Impact of Tourism in New York State“, tourists spent $51 billion in New York, $1.1 billion in Adirondacks.  No study is going to be perfect, but I think this study proves that the tourism industry plays a big role in this state’s economy.  It isn’t the most titillating stuff, but the Adirondack specific data may be of interest to local economists or economic developers.  The charts and bullet points are courtesy of the New York State Department of Economic Development.  The off-the-cuff analysis is mine.

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New York Tourism On The Rise

September 8th, 2008 · 2 Comments · Destination Marketing

I think tourism is worth investing more in. And not just because I work in the industry. We got some interesting research last month, here’s the first official announcement.

Empire State Development ANNOUNCES 9 PERCENT increase in direct tourism spending for New York State in 2007

Tourism industry growth exceeds $50 billion mark for first time

Empire State Development (ESD) today announced a 9 percent increase in direct tourism spending for New York State in 2007. Last year visitors spent $51 billion in the local economy, according to a study commissioned by the Department of Economic Development’s Division of Tourism. This includes a $44 billion contribution to the State’s Gross Domestic Product (GDP), a 12 percent increase that exceeds the State’s overall GDP growth by 5 percent.

A vital and growing component of the State’s economy, tourism spending has seen exceptional growth for four consecutive years, with the growth rate accelerating over 2005 (8.6%) and 2006 (7.2%). As the ninth largest employer in the state, tourism supported 672,000 jobs, or 6 percent of all employment during 2007, with a total associated income of $26 billion. Tourism generated $6.8 billion in state and local taxes.

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Tedisco Names the Culprit

August 21st, 2008 · No Comments · News

“This Governor has not folded like a cheap suit.”

Link

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Bed-tax Logic

August 21st, 2008 · 2 Comments · Destination Marketing

Bed TaxSpeaking as a private citizen of both Clinton County and the City of Plattsburgh, I’ve got some thoughts about the recent decision to implement an Occupancy Tax on all people who utilize our local lodging.

Rationale:  Based on “gut feeling”, any losses due to the additional charge will be offset by increased demand generated by “promotional” efforts.

So, the legislators and those that have convinced them, believe that this incremental charge will have no impact on the price elasticity of demand.  I have yet to see a real scientific analysis of the impact of Occupancy Tolls on lodging demand that isn’t doctored by questionable interests.

Why should only lodging bear the burden of tax collection?  Who will enforce?  Who will provide oversight as to how that money is spent?  (The same folks that provide oversight for the money being spent now? Ha!)

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New York State’s Top 100

August 11th, 2008 · 3 Comments · News

The Times-Union posted the 2008 NYS Public Payroll database the other day.  Pretty interesting stuff.

I’ve eliminated the “HOURLY” and come up with the 100 most highly paid NYS employees.  SUNY/CUNY dominate the list.

The total bill for the Top 100 – $31,829,940.

Top 100 Salaried Employees (top100.xls – 71kb)

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Airport Mileage and Bacon

April 25th, 2008 · No Comments · News

Flying PigWith the constant harping about how crappy our economy is and how profligate our fearless leader is, I’m surprised that the drive-by media let’s this kind of stuff get by. Well, maybe not that surprised.

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