Assemblyman Robin Schimminger (D-Erie County) has proposed eliminating
the state’s corporate franchise tax for manufacturers. Senate
Majority Leader Joseph Bruno has already advanced a similar proposal.
The Council is supporting the proposal and says the move will help
the vital sector of the state’s economy
The state’s corporate franchise tax for manufacturers would
be eliminated under a new proposal by Assemblyman Robin Schimminger
(D- Tonawanda).
The Council is supporting the proposal and says the move will help
the vital sector of the state’s economy
While capping the growth in county Medicaid costs eased local taxpayer
burdens, more needs to be done at the state level to rein in Medicaid
spending and prevent a fiscal crisis, according to a new study by
the Manhattan Institute’s Empire Center.
“From Headache to Migraine” was written by Tarren Bragdon,
a health policy analyst for the Empire Center
ALBANY Twelve New York State elementary schools will receive the
highest honor given to schools by New York State's private sector: the
2006 Pathfinder Award. The Business Council gives this award to honor
schools that show marked improvement from one year to the next on students'
state test scores
New York State is struggling to sustain a oversized network of
health-care institutions that is too big, costly, and inflexible
for society that is likely to lose population and continue to see
changes in its health-care preferences and needs, according to a
new report from a blue-ribbon commission exploring ways to right-size
New York’s hospital and nursing home sector
Governor Pataki's Executive Budget is balanced for the coming year,
but creates a budget gap of nearly $8 billion over the following
two years, state Comptroller Alan Hevesi has warned.
The Comptroller warns that Albany's debt “will continue to
skyrocket” under Governor Pataki's five-year capital plan
ALBANY—The state has improved its job growth in the past by reducing
the tax burden on New Yorkers, and a current job-growth record that is
only about half as good as the nation's should prompt state lawmakers
to reduce taxes again, Daniel B. Walsh, president/CEO of The Business
Council, said in legislative testimony today
The United States Chamber of Commerce has asked legislators across
the country to vote down the so-called “Wal-Mart” bill
which would mandate the amount of money large employers pay for
health care.
"Targeting big companies with politically-motivated health
care mandates on a state-by-state basis is not only unfair, it is
illegal," said Chamber President and CEO Tom Donohue
The Senate Republican Majority has unveiled a plan that would provide
$3.5 billion in relief for the state's small businesses and eliminate
the income tax and corporate franchise tax for all manufacturers.
The plan would save manufacturing companies in New York $550 million
over five years, the Senate's release said
We applaud Senate Majority Leader Joseph Bruno and the Senate Majority
for assembling this proposal. This tax-relief plan is well-structured,
well-targeted, badly needed, and much appreciated by the business community
and New York's taxpayers.
New York suffers severe economic harm from the nation's heaviest tax
burden, and from the nation's fourth-highest corporate taxes per capita