Laura Nahmias writes on NYCapitolNews.com - “Senate Democrats may have avoided the albatross of the latest budget ever going into the fall elections, but they are still being attacked for this year’s piecemeal budget, hostile negotiations and uncertain revenue.
Elizabeth Lynam, deputy research director at the independent, non-partisan Citizens Budget Commission, criticized the budget for doing too little to address rising labor costs, which were left virtually untouched, and failing to tackle Medicaid and school aid, both programs badly in need of reform.
Revenue generators like a soda tax and a tax on income earned by out-of-state hedge fund employees, panned by the beverage lobby and some business interest groups, were left out of the budget in favor of higher sales taxes on cigarettes and elimination of a tax exemption on clothing and shoes costing less than $110.
The tax increases are “shameful,” said Heather Briccetti, vice president of governmental affairs for the Business Council of New York State.
The Council’s leadership, which represents over 3,000 employers in the state, was appalled at tax-credit deferrals and tax increases, she said.
“The state is going back on its word to not increase spending,” said Briccetti, adding that new measures seemed “blind” to the poor state of the economy and could hurt job growth.
The Business Council has never endorsed candidates in an election before, but Briccetti said members were weighing whether to come out in favor of candidates this year in response to mounting frustrations.
“There are a lot of really negative things in this budget,” and the difficult climate for businesses could force an endorsement, she said.”
To read more click here.
To send a message to Albany telling them that you have had Enough Alreadyclick here.