In a statement released by The Business Council of New York State, Inc. yesterday, Kenneth Adam said, “Last night Senate democrats gave approval to the final budget bill, adopting more than $1 billion in new taxes and fees on top of $1 billion in new revenue measures already approved this year. Their vote is a far cry from their promise of no new taxes in their earlier budget resolution.”

“Now it’s official: Albany has enacted the anti-recovery budget. You can’t impose new taxes and fees on businesses, cut economic development programs, renege on promised investment incentives and then hope that employers will turn around and create jobs,” added Adams.

“In these tough economic times, private sector job growth has to be government’s number one goal,” he added. “Yet, this budget sends a chilling message to New York’s employers — instead of encouraging them to grow their businesses and increase their payrolls here, it does the opposite. To business owners across the state this budget’s a confidence-killer.”

To read the rest of the press release click here.

To read more of the Business Council’s review of the final budget click here.