Along with a New Year come a number of new laws for New York State. As the calendar page turned to 2014, a number of new measures went into effect—many of them aimed at providing much-needed tax relief that will create new opportunities to enable businesses and taxpayers to succeed.
My wife and I did some traveling for the holidays. Our destination was the same as the year before – and many years before that. One thing had changed, however. We didn’t agree on how to get there.
Governing is a lot like a road trip. All participants share a common destination, but the disagreements are always about what exact route to take.
State legislators and the governor, regardless of political affiliation, all want to help New York attract good-paying jobs and grow our economy. We also want to invest in our children and keep spending in check while maintaining services.
This week, Governor Cuomo will unveil his roadmap in a State of the State address. As always, I’m looking forward to hearing his plan.
This year’s State Budget continued middle-class tax rates at their lowest levels in 60 years, reduced taxes for small businesses under the personal income tax, and cut the corporate tax rate for manufacturers. These positive initiatives began the process of chipping away at the State’s high tax burden. New York’s last place finish, measured in business tax climate, needs to change.
Improving this ranking is critical to New York’s long-term economic growth. That is why I am pleased to announce a new State Senate report with a focus on cutting taxes has been released.
“I’m committed to making New York a more attractive place to live and work, so I welcome the Commission’s ideas on how best to accomplish that through tax relief.
“I, along with my colleagues in the Senate Republican Conference, have long advocated for a reduction in property taxes for individuals as well as a lowering of taxes on business. It’s encouraging to see this group echo that philosophy.”
“While I appreciate the Commission’s recommendations, I believe we can – and we should – go further.
A State Senate report is out with a focus on cutting taxes. The new report calls for New York's personal income taxes, business taxes, and local property taxes to be reformed, simplified, and reduced. Overall, the recommendations in the report will help to ensure a brighter, stronger and more prosperous economy for Western New York.
SYRACUSE–State Senator David J. Valesky (D-Oneida), joined by several local advocates, introduced the Independent Democratic Conference’s 2014 legislative agenda, titled “Affordable NY.” The agenda, composed of five core policy items, demonstrates the IDC’s commitment to working families during the 2014 legislative session.
“The Affordable NY plan is a lifetime commitment to New York’s working families. It is critically important to address issues that affect all New Yorkers; challenges in paying for child care, affording college and living on a fixed income after retirement are topics I hear about from constituents every day,” Senator Valesky said.
December 18th Workshop Held in Response to Ritchie Request
State Senator Patty Ritchie announced the NYS Department of Taxation and Finance has agreed to her request to host a STAR registration event in the region she represents.
Recently, the Tax Department scheduled a new round of STAR registration workshops—all taking place in major cities along the Thruway and downstate, with no events scheduled in Jefferson, St. Lawrence or Oswego Counties. In response, Senator Ritchie wrote to Commissioner Mattox, requesting that a workshop be held in the area. You can read the letter here.
“There are roughly more than 14,000 homeowners in Oswego, Jefferson and St. Lawrence Counties who still need to reapply for this very important program,” said Senator Ritchie.
“There is still a lot of outreach that needs to be done to make sure property owners re-register for Basic STAR by the December 31st deadline, and I’m pleased that the Tax Department will be aiding in that effort by hosting a workshop in our region.”
We are pleased that the Governor’s New York State Tax Relief Commission report incorporates key elements of a Senate Republican tax reform plan advanced by Senators DeFrancisco and Marcellino that focuses on cutting taxes to create new jobs, reforming our tax structure and giving hardworking taxpayers some much-needed relief.
It is encouraging that today’s report includes proposals to address issues related to achieving broad-based tax reductions for job creators, including reducing corporate tax rates, reducing taxes on manufacturers and accelerating the elimination of the 18-a energy surcharge, while also reducing the estate tax burden.
“The Senate Democratic Conference has long called for common-sense reforms to the state’s tax code and the need to reduce the burden placed on New York’s families and businesses. I look forward to working with Governor Cuomo to achieve these goals. My colleagues in Senate Democratic Conference have already been urging for many of the recommendations included in today’s commission report, including passage of a property tax circuit breaker and the immediate elimination of the 18-A energy surcharge. We will continue our efforts to ensure New York is a state where families and businesses thrive.”
Unfunded mandates cost New Yorkers $4 billion a year in additional costs to local governments and schools. This is a leading contributor to the crushing burden of property taxes that New Yorkers pay. The Unfunded Mandate Reform Act (S.4094-2013 – read the full Act here) requires the legislature to take a stand on the issue and repeal some of these mandates.
One in Four Upstate Homeowners Still Need to Reapply
With just weeks remaining until the deadline to reapply for the Basic STAR program, State Senator Patty Ritchie is calling the NYS Department of Taxation and Finance to host registration events in the region she represents.
According to recent reports, the Tax Department has scheduled a new round of seven STAR registration events—all taking place in major cities along the Thruway and downstate and none being hosted in St. Lawrence, Oswego and Jefferson Counties.
According to the most recent numbers released by the Tax Department, roughly 16,000 homeowners in Oswego, Jefferson and St. Lawrence Counties still need to reapply for the program. As of November 26th, 75 percent of homeowners in Oswego and St. Lawrence Counties have re-registered and 72 percent of those eligible have re-registered in Jefferson County.
State Taxes Need To Be Reformed, Simplified and Reduced; Recommendations Would Create Jobs, Reduce Taxes on Businesses, Families & Seniors
State Senate Republicans issued a comprehensive report on state taxes that calls for personal income taxes, business taxes, estate taxes and local property taxes to be reformed, simplified and reduced. The report makes sweeping recommendations for reducing the tax burden on all New Yorkers. The plan recommends enacting a permanent two-percent state spending cap and dedicating surplus revenues to tax reductions.
I'm pleased to announce that my Senate Republican colleagues and I have just issued an important new report that calls for New York's personal income taxes, business taxes, estate taxes and local property taxes to be reformed, simplified and reduced. The report also calls for a permanent two-percent state spending cap and dedicating surplus revenues to tax reductions.
The new report sends a loud and clear message that comprehensive tax relief will be a top priority for our Senate Republican Conference throughout the 2014 Legislative Session.