Reduce Crippling Taxes

on Families and Business

Taxes in New York State are simply too high
to foster real job growth. Every day, we
lose jobs, businesses and families to states
that dont place such a dramatic nancial
burden on their communities. Numerous
organizations have issued studies labeling
New York with one of the worst business
climates in the U.S. For businesses to begin
putting more people on the payroll we must
reduce taxes.
THE GROW NY PLAN WILL:
CUT TAXES ON THE MIDDLE CLASS:
Permanently reduce income tax rates
for middle-income taxpayers and small
business owners.
CUT BUSINESS TAXES: They are
burdensome, costly and stie job
creation and economic expansion.
Grow NY
New York has been headed in the wrong
direction for far too long. The good
news is that with careful guidance and
common-sense policy making we can
turn things around and help get New
York headed in the right direction again.
As a former small business owner who
has seen New York struggle, I offer a
plan to help make the state a better place
for future New Yorkers, one where our
children and grandchildren can thrive.
Cut the Red Tape That Drives
Jobs Out of New York
Many local businesses cannot afford to expand their operations and
hire new employees because they are overwhelmed by New Yorks
complex and confusing maze of taxes, fees, rules and regulations.
Cut the red tape that suffocates local job creators while protecting
the safety of workers and the community. A Division of Regulatory
Review & Economic Growth would make sure that state law uses
the same common-sense principles that people trust to govern their
everyday lives.
THE GROW NY PLAN WILL:
CREATE THE DIVISION OF REGULATORY REVIEW &
ECONOMIC GROWTH (D-RREG): Empower D-RREG to stop
proposed regulations and make binding recommendations for
the elimination of burdensome regulations, unless overturned
by the Governor or Legislature. Establish an 800 hotline and
website for businesses and the public to report regulatory
burdens and excessive nes and prepare a comprehensive
study measuring the cost of regulations to businesses
throughout New York State.
REFORM WORKERS COMPENSATION: Reduce costs on
businesses and improve outcomes in Workers Compensation.
REMOVE THE UNEMPLOYMENT TAX ON BUSINESSES:
Honor the commitment to eliminate the Interest Assessment
Surcharge in 2016.
Get New Yorkers Back to
Work; Give Businesses
the Support they Need
Too many families and young people
are unemployed and underemployed.
Hundreds of thousands of our friends
and neighbors are still without work,
and struggling to nd a way to get back
on track. Letting folks live paycheck to
paycheck or rely on government assistance
is not the way to move New York State
forward.
It is time for Albany to step up and provide
support to existing businesses, and make it
easier for employers to get people back to
work with the Hire-NY tax credit.
THE GROW NY PLAN WILL:
IMPLEMENT THE HIRE-NY TAX
CREDIT: Enact a tax credit to
businesses for each new job created,
up to $5,000. An additional $3,000
credit would be provided if the job
goes to someone who is currently on
unemployment.
ENACT THE GROW-NY ECONOMIC
GARDENING PROGRAM: Provide
technical, informational and logistical
support to existing businesses,
helping them succeed and employ
more New Yorkers.
Eliminate Wasteful Programs
Creating long-term solutions to grow New Yorks economy will require a greater commitment than
implementing gimmicks and one-shot measures. To solve New Yorks economic problems, we need to make
a long-term commitment to existing businesses with a focus on creating a sustainable, favorable and fair
business climate that doesnt merely rely on temporary programs and initiatives that benet a select few.
THE GROW NY PLAN WILL:
CUT WASTE: Close wasteful programs to new applicants and let them expire as planned.
PAY OUT EXISTING INCENTIVES: Pay out promised tax incentives that are currently promised to
businesses.
Grow NY
Building a Strong Workforce
Businesses are in need of specially trained and highly skilled
workers more than ever. A recent national study indicated that
600,000 jobs across the country are currently unlled due to the
lack of trained professionals to hire. Strengthening our economy
and improving our business climate starts by placing a renewed
effort on promoting workforce education and training here in New
York.
Utilizing New Yorks outstanding colleges, universities and
BOCES programs more effectively is essential. Pairing these
institutions with local businesses in growing industries like high-
tech, nanotech and biotech manufacturing, will help provide an
educated workforce that can meet hiring demands.
THE GROW NY PLAN WILL:
REWARD WORKERS WILLING TO BE TRAINED: Provide
a Personal Income Tax exemption up to $50,000 per year
for the rst 5 years for new high-tech employees who
completed a high-tech training program within the past 12
months (any college, vocational or certication program).
ENHANCE THE IMAGE AND APPEAL OF TRAINING
SCHOOLS: Increase the commitment to promote training
programs that prepare the next generation of workers
for skilled trades and future employment. Market BOCES
education & training courses to attract students and provide
the necessary skill sets that lead to successful vocational
careers.
PARTNER COMMUNITY COLLEGES WITH BOCES
PROGRAMS: Create a partnership between community
colleges and BOCES through a High-Tech Manufacturing
Job Training Program.