NFIB Responds to Continued Budget Negotiations

Date: March 30, 2016

Mike Durant (518) 424-6205

ALBANY (March 30, 2016) – All of the following may
be attributed to Mike Durant, State Director of NFIB in response to the
continued state budget negotiations.

“While firm details remain elusive on the paid leave and
minimum wage proposals, it is becoming clear that the path Albany is taking
will be disastrous for New York’s small employers.  A final deal which
merely attempts to mitigate these costly proposals by the Governor will be
virtually impossible to justify to small business as this year moves
forward.  While reports of a meaningful personal income tax reduction are
positive, the fact remains that the financial impact of these proposals are so
significant that an unprecedented amount of regulatory reform would be needed
to make this deal net neutral.

We continue to appreciate the efforts by many lawmakers to
stand firm and protect New York’s small businesses and family farms, but
continued resolve is necessary.  This is not a deal worth celebrating, but
one which needs to be flatly rejected.  If common sense does not prevail,
the decisions made over the course of today will likely set New York’s economy
into a tailspin and be the fatal blow to tens of thousands of small employers.”

Related Content: Small Business News | New York

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