NFIB’s “DO’s and DON’Ts” AS LAWMAKERS RETURN TO ALBANY

Date: April 21, 2015

ALBANY (April 21, 2015) With the return of
the State Legislature, the National Federation of Independent Business (NFIB),
New York’s leading small business advocacy organization, has identified nine
critical issues for small employers.  The organization will aggressively
advocate these legislative priorities which reflect both longstanding and
current concerns of small businesses in New York.

“This session, so far, has clearly put small employers on
the defensive and has highlighted some substantial misfires when it comes to
investing our tax dollars for economic development,” said Mike Durant, NFIB New
York State Director.  “While small businesses are the largest component of
our economy, they remain on the outside of any meaningful tax reform as their
tax dollars are used to attract Hollywood movies and finance the sputtering
START UP New York program.”

Durant pointed out that while Albany attempts to focus on
tax cuts and job creation, the Governor’s recent agenda demonstrates a return
to old habits that threaten small business and undermine our future financial
resources for permanent tax reform.

“From the never-ending push to increase the minimum wage to
the new effort to enact paid leave mandates, it is increasingly apparent the
agenda is shifting,” Durant continued.   “Additionally, it is hard to
ignore the massive increase in state and local spending for economic
development programs.  With questionable returns on investment and a tax
code riddled with exemptions and carve outs, it’s time for both the Governor
and legislature to hit the pause button and fully refocus our finances more
broadly.”

Listed below are the organizations “Do’s and Don’ts” for the
rest of 2015:

DO –

  • Make the Property Tax Cap Permanent
  • Enact Tax Reform for Small Business Under the Personal
    Income Tax
  • Make Permanent the Temporary Personal Income Tax Cuts
    from 2011 Permanent
  • Enact Sensible Scaffold Law Reform
  • Pass Needed Workers Comp Reform, including Schedule
    Loss of Use
  • Conduct a Complete Audit of New York’s Economic
    Development Financial Portfolio
  • Adopt Recommended Reforms Put Forth by the 2013
    Solomon/McCall Tax Reform and Fairness Commission

DON’T –

  • Increase the Minimum Wage
  • Enact Costly new Paid Leave Mandates 

For more information about NFIB, please visit www.nfib.com/newyork.       

Mike Durant is
available for further comment and can be reached at (518) 434-1262.

 

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