ALBANY, N.Y.—“With $26 billion in new federal stimulus money coming into New York, the $4 billion in new taxes proposed in the Executive Budget can and must disappear,” said Kenneth Adams, president & CEO of The Business Council of New York State, Inc.
“The elimination of $651 million dollars in so-called 18-A assessments on utilities and telecommunications providers should be a priority
ALBANY— “The massive increase in the Personal Income Tax (PIT) proposed in Senate Bill-2021 would devastate New York's economy and undermine our chances for recovery from this deep recession,” said Kenneth Adams, president & CEO of The Business Council of New York State, Inc.
“This bill would impose a permanent $6 billion increase in the state's personal income tax levy
ALBANY— Governor David Paterson's budget proposal to place new criteria on existing Empire Zone companies will do immediate damage to the state's economy and damage long-term economic development efforts. The Business Council of New York State, The New York State Economic Development Council and The Independent Power Producers of New York all oppose the changes
ALBANY— “Proposed tax increases on energy companies, cable providers and wireless telecommunications will damage New York's economy,” said Kenneth Adams, president & CEO of The Business Council of New York State, Inc in testimony to the legislature's joint fiscal committees' budget hearing
ALBANY— “This year's state budget will impact New York's economy, its businesses and its residents for years to come. The budget must make real structural reforms to prepare New York to be competitive when our economy recovers,” said Kenneth Adams, president & CEO of The Business Council of New York State, Inc
ALBANY— “The proposed taxes on health care and health insurance in the Executive Budget will drive up the cost of health insurance, making it unaffordable for many New Yorkers,” said Kenneth Adams, president & CEO of The Business Council of New York State, Inc. “Employers and their workers are already struggling to afford health coverage, many will simply not be able to absorb the increased costs caused by these taxes
ALBANY—The Business Council of New York State, and the New York Building Congress are co-hosting a forum that focuses on the opportunities that may arise to rebuild New York's infrastructure and create jobs through the anticipated federal stimulus legislation. Featured speakers will provide valuable insight about New York's vast infrastructure needs including mass transportation, roads, bridges, state asset maximization and other projects
ALBANY— “New York's fiscal crisis is a result of spending too much and taxing too much for too long,” said Kenneth Adams, president & CEO of The Business Council of New York State, Inc. “The Business Council strongly supports Gov. David Paterson's plan to use federal stimulus money to eliminate proposed new taxes and fees in his budget
ALBANY— The Business Council of New York State, Inc. opposes the expanded bottle bill and made a call for restraint on fees and regulation in budget testimony to the Senate Finance and Assembly Ways and Means Committees' hearing today on the Department of Environmental Conservation budget.
“The Business Council supports the continuation of the cap on Title V air permit fees, adding that New York's existing air permit fees are already higher than other states,” said Ken Pokalsky, senior director of government affairs
ALBANY— The Business Council of New York State supports Gov. David Paterson's call for government reform to provide taxpayers relief, specifically the property tax cap, mandate relief and reform to make local governments more efficient.
“Overall, Gov. Paterson's State of the State message outlined an ambitious agenda to spur private sector investment in New York, including investment in our energy infrastructure