For Release — January 21, 2014
Business Council Statement on Governor Andrew Cuomo's Executive Budget
Heather C. Briccetti, Esq., President and CEO of The Business Council of New York State, Inc.
ALBANY, N.Y.—“The Business Council of New York State applauds the Governor's continued commitment to improve the state's business climate as demonstrated in his Executive Budget. There is much for business to be encouraged about with the emphasis on holding growth in overall state spending to under 2 percent while promoting private sector investments and job creation, and increasing in-state personal income, through broad-based business tax relief.
“Specific business tax reductions in the Governor's tax package will have significant multiplier effects throughout the state's economy, and will support more than 14,000 new jobs by 2019, and almost 18,000 new jobs by 2024, as noted in a recent Public Policy Institute report prepared by state tax experts at Ernst and Young.
“The Business Council looks forward to working with The Governor and Legislature to make tax relief and the removal of regulatory business barriers a reality for New York in this legislative session.”