News

25
Jun
2010
ALBANY— “Albany's politicians appear to be reverting to their old tricks as they talk about raising billions in taxes to close the state budget,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc. “It is very disappointing that rather than lowering the cost of government the negotiations have turned to even more taxes
18
Jun
2010
ALBANY— “The economic development program agreed to by the Governor and legislature will limit New York's ability to compete in the race to create and retain jobs as the nation moves out of the recession,” said Ken Pokalsky, senior director of government affairs for The Business Council of New York State, Inc
18
Jun
2010
ALBANY— “Attorney General Andrew Cuomo has it exactly right when he says Albany must balance its budget by cutting spending rather than raising taxes,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc. Cuomo told the Syracuse Post-Standard that he opposes taxing sugary drinks, cigarettes or borrowing to balance the state budget
08
Jun
2010
ALBANY— “The Governor and state legislature claiming budget savings from the enactment of the “prior approval” bill will only lead to future revenue shortfalls,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc. Earlier this year The Business Council sponsored an actuarial study by Milliman – the same firm often used by the state for actuarial and other projections — that proved the claimed savings from restoring “prior approval” don't exist
28
May
2010
ALBANY— “Raising hazardous waste fees by more than 20 percent is really a new tax that will harm many New York businesses, especially upstate manufacturers, which are already struggling with a difficult economy,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc
26
May
2010
ALBANY— “As the state's budget stalemate continues, New Yorkers should be wary of proposals being floated to borrow or raise taxes to end this fiscal crisis. These proposals would simply continue business as usual in Albany and lead us to another crisis next year,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc
24
May
2010
ALBANY— “In announcing his candidacy for Governor, Andrew Cuomo has put forward a substantive policy document that contains many of the fiscal reforms that The Business Council has advocated for years,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc. “The Business Council has long supported a property tax cap, state spending cap, pension reform and reducing the size and cost of state and local governments
18
May
2010
ALBANY— “Many New York legislators and advocates seem intent on punishing the financial services industry with higher taxes and costly new regulations. But to do so puts thousands of jobs and New York's most important industry at risk,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc
14
May
2010
ALBANY—“We are deeply disappointed that the legislature has not completed work on a new economic development power program to replace the current program that expires tomorrow, May 15,” said Kenneth Adams, president and CEO of the Business Council of New York State, Inc. “With everyone focused on preserving and creating jobs in New York, it is inexplicable that a state energy program that supports more than 300,000 good paying jobs will expire, even temporarily
29
Apr
2010
ALBANY— “Gov. Paterson's proposed 50 percent cut of business tax credits for the next two years will send a clear message to businesses: don't invest in New York,” said Kenneth Adams, president and CEO of The Business Council of New York State, Inc. "Let's call this what it really is, a $750 million tax increase over the next two years on New York businesses that are struggling to stay competitive and keep New Yorkers working,” added Adams