Tag Archives: New York State Legislature

Final New York state budget needs to grow jobs and economy

As the Governor and New York State Legislature progress in final budget negotiations, The Business Council of New York State, Inc. is calling for a final state budget that boost jobs and New York’s economy.

“Job creation and economic growth are key to building strong communities in New York,” said Heather C. Briccetti, Esq., president and CEO of The Business Council of New York State, Inc. “Continuing to restrain spending, implementing broad-based tax reform and mandate relief need to be a priority for a final state budget.”

The Council also debuted a new ad, “Help New York’s economy grow,” focusing on how tax cuts will help improve New York’s economy. Watch the ad below.

[youtube height=”HEIGHT” width=”WIDTH”]http://www.youtube.com/watch?v=K5XYdVo6UeQ&feature=youtu.be[/youtube]

Business Council Vice President of Government Affairs Ken Pokalsky’s letter to the editor was published in the Albany Times Union. Read his letter that outlines how increasing taxes won’t help create jobs in New York how tax cuts would help create a more competitive economic climate to generate good-paying jobs and healthier communities.

A study earlier this year by The Public Policy Institute of New York State, Inc. (PPI), “Analysis of Economic Impacts of New York Corporate Income Tax Reform,” showed that when the tax reforms are fully adopted, major business and employment sectors will grow including construction, trades and business service sectors, manufacturing, and financial services.

Among the other issues of concern to The Business Council in a final state budget: Paid Family Leave, Out-of-Network Mandates, Energy Tax, Campaign Finance Reform, Brownfields, and education and tourism funding. Read more on The Business Council’s website.

Business Council’s Ken Pokalsky on Governor Cuomo’s Bank Tax Plan

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Ken Pokalsky, The Business Council’s vice president of government affairs, spoke to the Time Warner Cable News show Capital Tonight about the New York State Senate and Assembly one-house budget resolutions that modify Governor Cuomo’s bank tax.

Pokalsky highlighted how changing the bank tax will help keep jobs in New York and boost the economy noting that most states don’t have a separate bank tax and that the proposed changes are the same as changes that happened ten years ago for corporations doing business in NY. Since 1990, nationwide bank jobs have increased by 200,000 but New York state has lost 100,000 bank jobs during that time.

Watch the full interview on the Time Warner Cable news website (TWC ID required).

Pokalsky also spoke out on the issue on WCNY’s Capitol Pressroom earlier in the week.  Listen to the interview on WCNY’s website (starts at 13:30).