Created by Governor Cuomo, the Regional Economic Development Councils represent a fundamental shift in the state's approach to economic development - from a top-down development model to a community-based approach that emphasizes regions' unique assets, harnesses local expertise, and empowers each region to set plans and priorities.
In Nassau County, Governor Signs Legislation to Cut Taxes For More Than 700,000 Small Businesses and Self-Employed New Yorkers
Governor Andrew M. Cuomo today traveled to West Hempstead, Nassau County, to sign a new law that will reduce the MTA payroll tax, providing relief for more than 290,000 small businesses and more than 410,000 self-employed New Yorkers. The tax reduction is part of the Governor's comprehensive plan, passed by the legislature last week, to create jobs and cut taxes for middle class New Yorkers, and revitalize the state's economy.
Governor Andrew M. Cuomo, Senate Majority Leader Dean Skelos and Assembly Speaker Sheldon Silver today announced that they have reached a proposed three-way agreement on legislative and executive proposals to create jobs and cut taxes for middle class New Yorkers. The agreement includes support for a comprehensive New York Works Agenda that will create thousands of jobs with new investments in New York's infrastructure, passing a fair tax reform plan that achieves the first major restructuring of the tax code in decades resulting in a tax cut for 4.4 million middle class New Yorkers taxpayers, approving $50 million in additional relief for areas devastated by recent floods, and reducing the MTA payroll tax to provide relief for small businesses.
Bill Cuts Taxes for 4.4 Million New Yorkers; Repeals MTA Payroll Tax for Most Businesses; Reduces Taxes on Manufacturers; Invests in Job Creation & Retention
(12/07/11) - The New York State Senate today passed the Middle Class Tax Cut and Job Creation Plan that will reduce taxes for millions of hardworking, middle-class taxpayers to their lowest levels in more than half a century. In addition, the comprehensive plan will help strengthen our economy and create new jobs by eliminating the job-killing MTA payroll tax for more than 78 percent of the small employers that pay the tax. The plan will provide a total of more than $3.3 billion in tax relief to individuals and businesses.
In his delivery of the State of the State Address, Governor Cuomo managed to strike a balance which was both optimistic and realistic. With a new spirit of cooperation in Albany, unlike the dysfunction we have been witnessing in Washington, we were able to make state government work for the people once again, and made 2011 the most productive year in modern state history.
Wage Theft Prevention Act Is A Mountain of Costly, Useless Paper
The New York State Senate has passed legislation (S.6063A), sponsored by Senator John A. DeFrancisco, Chairman of the Senate Finance Committee, to repeal the notification provisions of the Wage Theft Prevention Act, a massive, costly mandate on every employer in the state.
3/06/12- Senator Saland meets with members from Manufacturers Alliance of New York, including businesses from Dutchess County, to discuss the issue of developing a skilled workforce to meet their needs and rapidly changing technologies.
Plan Would Create Jobs, Cut Taxes and Control State Spending
Members of the Senate Republican Conference today announced details of the 2012 NEW JOBS-NY Job Creation Plan that includes significant tax relief to encourage the creation of new private sector jobs, measures to ensure fiscal responsibility and control state spending, as well as other reforms and incentives to make New York more economically competitive. The plan will be included in the Senate budget resolution to be acted on next week.