News

18
Apr
2005
The Business Council will mark its 25th anniversary during its 2005 Annual State Chamber Reception Monday, May 23, 2005 at the Empire State Plaza Convention Center in Albany. The Business Council conducts this event each year to salute the state's local and regional chambers of commerce for their efforts to improve the state's business community and to promote growth and prosperity in their own regions
18
Apr
2005
Robert Ward, director of research for The Business Council and the Public Policy Institute and a recognized authority on New York state government and its tax policies, has been selected by Governor George Pataki to join a seven-member commission on tax reform and simplification
15
Apr
2005
ALBANY—The effective state and local tax rate on businesses in New York is among the highest in the country, a study by the nonpartisan Council on State Taxation finds. State and local business taxes in New York totaled an estimated $42 billion in 2004, according to the study
15
Apr
2005
ALBANY—Proposed increases in New York State Thruway tolls would unfairly burden commercial traffic and would seriously undermine the competitiveness of New York State businesses, The Business Council has told the Thruway Authority. The proposed toll increase would hit commercial vehicles with a much higher percentage increase than passenger vehicles, the statement said
15
Apr
2005
Governor Pataki has signed into law the revenue bill that includes the so-called "single-sales factor" tax-code reform, a long-time priority of The Business Council. The reform, which has been adopted for most Article 9-A taxpayers, will reduce corporate taxes for companies that have proportionally high levels of employment and capital investment in New York State
13
Apr
2005
The Senate Republican Majority has unveiled plans that would overhaul the state’s Medicaid fraud detection with the goal of reducing corruption and waste and returning money to taxpayers, according to a release from Senate Majority Leader Joseph Bruno’s office
13
Apr
2005
The effective state and local tax rate on businesses in New York is among the highest in the country, a study by the Council on State Taxation finds. State and local business taxes in New York totaled an estimated $42 billion in 2004, according to the study. That represented 5
13
Apr
2005
The Senate Republic Majority has unveiled plans that would overhaul the state’s Medicaid fraud detection with the goal of reducing corruption and waste and returning money to taxpayers, according to a release from Senate Majority Leader Joseph Bruno’s office. “Senate legislation restructures the detection, investigation and prosecution of Medicaid fraud in New York by strengthening and streamlining the roles of the Health Department and Attorney General, and creates a new Medicaid Inspector General to help uncover fraud, waste and abuse,” the release said
12
Apr
2005
ALBANY—New York’s state and local government employees collect higher retirement benefits while contributing less than state and local government employees in other states, according to a Public Policy Institute analysis of new data from the U.S. Census Bureau. State and local government retirees in New York collected an average $22,676 in pension benefits in 2003, some 16 percent above the national average, according to the Institute
11
Apr
2005
Although most New Yorkers seem to agree that Medicaid costs too much in New York and doesn’t deliver a commensurately high level of care, there are powerful political interests in Albany blocking meaningful reforms, according to the latest installment of the Public Policy Institute’s series Medicaid Watch ’05