Posted by Jude Seymour on Thursday, June 19th, 2014
ALBANY – The New York State Senate has joined the Assembly in giving bipartisan support to a bill (S.5700/A7673) that would provide grants to the too-often overlooked training gap in advanced manufacturing and technology.
New York has the dubious distinction of ranking dead last among the 50 states in a survey of business tax climates. The governor’s initiative, START-UP NY, represented an out-of-the-box approach to lure jobs here.
However, we simply cannot earmark all of our tax breaks, credits and incentives for new businesses. The strength of an economy comes from existing business, and reducing their competitiveness to new companies can result in too many good jobs being lost.