ALBANY— “The Assembly's bill (A. 11838) to institute huge new tax increases to provide some New Yorkers with property tax relief is a recipe for economic disaster,” said Kenneth Adams, president & CEO of The Business Council of New York State.
“For many businesses property taxes are the biggest tax they pay
ALBANY— “The New York State Senate's passage of a property tax cap moves the state closer to badly-needed reform,” said Kenneth Adams, president & CEO of The Business Council of New York State.
“Senate Majority Leader Dean Skelos and his conference have shown real leadership by passing this bill to cap property taxes,” added Adams
ALBANY— Moving forward with the Regional Greenhouse Gas Initiative (RGGI) will impose additional costs and make New York's economy less competitive at a time of fiscal crisis and rising energy costs, according to The Business Council of New York State.
In a letter to Gov. David Paterson release today, The Business Council voiced concern that RGGI will contribute to higher electric power prices in New York
ALBANY—The Senate's actions on dealing with the state's soaring property tax burden are a critical step toward badly-needed reform, according to The Business Council of New York State.
The Senate plans to vote Friday on a bill (S.8736) to establish a school property tax cap for all school districts other than the "Big 5" city school districts
ALBANY— The Business Council represents a wide range of employers in New York. Our members include the New York Farm Bureau, the New York Hospitality and Tourism Association, the Manufacturers Association of Central New York and many individual businesses who depend on their ability to attract immigrant workers
ALBANY—"By directly confronting New York's emerging fiscal crisis at this time, Governor David Paterson has chosen a course that is bold, prudent, and responsible," said Kenneth Adams, president and CEO of The Business Council of New York State.
"He is correct that our state's fiscal house rests on a crumbling foundation and we must take action to fix it immediately," Adams continued
ALBANY— “Today's Siena Research Institute poll shows that New Yorkers overwhelmingly want property tax relief. To really achieve that relief the state must start with a property tax cap,” said Kenneth Adams, president & CEO of The Business Council of New York State.
“A circuit breaker, without a tax cap to stop the unsustainable growth in property taxes, will simply mean a tax shift among taxpayers,” added Adams
Albany- “This week's census data showing continued loss of population across upstate New York must serve as a wake up call to our lawmakers. New Yorkers are voting with their feet because of the state's crushing tax burden,” said Kenneth Adams, president & CEO of The Business Council of New York State
ALBANY— A broad coalition of business groups, including The Business Council of New York State, defeated labor proposals that would have crippled Industrial Development Agencies (IDAs) as an economic development tool. But the legislature refused to re-instate IDAs' ability to make low-cost financing available for not-for-profit projects
ALBANY- The state legislature enacted legislation strongly supported by The Business Council of New York State and the Chamber Alliance of New York State that will help to keep health insurance affordable and available for sole proprietors.
The bill (S.7550-Seward/A.10656-Morelle) extends, until 2011, the maximum premium rate differential established for group coverage for individual proprietors who buy group health insurance through associations