February 13, 2018State Senate’s agenda includes over $1 billion in tax cuts for small businesses Albany Business Review
“Leader Flanagan and his Senate Republican colleagues unveiled a bold and necessary agenda that will reduce taxes, cut redundant red tape and bolster small businesses all across New York,” Durant said in a statement. “Doubling down and cutting state taxes for small business would provide a significant infusion of confidence and cutting costly and unneeded regulations will help employers remain viable and expand.”
Cuomo’s plan for a payroll tax quickly panned by Republicans Rochester Democrat and ChronicleJoseph Spector
February 12, 2018
“We continue to believe this entire exercise is unnecessary and based on political rhetoric,” said Mike Durant, state director of the National Federation of Independent Businesses. “Most small businesses in New York are getting a tax cut from the federal plan and the governor’s proposal just creates confusion and opens small employers up to future tax increases.”
Employers ‘not enamored’ with new tax idea in Cuomo’s budget Albany Business Review
Some business leaders have criticized the payroll tax idea, including Mike Durant, the state director for the National Federation of Independent Business, who said his organization’s members haven’t liked the proposal to date.
“In talking to members as this conversation went along, they’re not enamored with this idea. They basically view this as I think a solution in search of a problem,” Durant said. “Most small businesses are getting a tax cut through the federal plan. I think they look at this, optional or not, that the stage is set for the state of New York to raise taxes on small businesses in the future.”
February 9, 2018
A $14Jb tax increase? Cuomo’s claim ‘grossly misleading,’ critics say Rochester Democrat and Chronicle
But critics said Cuomo’s argument is only looking at one facet of the tax bill, and some questioned whether his case is politically motivated: The Democratic governor is a potential 2020 presidential candidate and is seeking a third term in November.
“It’s pure political messaging by the governor,” said Mike Durant, state director of the National Federation of Independent Business.
“They completely are not taking into account that most small businesses are going to get a tax cut in New York; most New Yorkers are getting a tax cut, in fact.”
January 28, 2018
Cuomo’s Resistance of Federal Tax Law Has Resistance Upstate Fox Business
In response to Gov. Cuomo’s proposal to create an employer-based payroll tax to alleviate the impact of the federal cap on the deduction for state and local taxes, State Director Mike Durant said, “We have had discussions with the administration and lawmakers on our concerns.”
Fox Business also included the perspective of two NFIB/NY members from upstate on the federal SALT deduction and how a payroll tax could impact their business.
January 18, 2018
Cuomo Details Major Shift of NY Tax Code to Avert Federal Act Bloomberg BNA
In response to Gov. Cuomo’s proposal to create an employer-based payroll tax to alleviate the impact of the federal cap on the deduction for state and local taxes, State Director Mike Durant said, “New York’s lack of economic competitiveness and high tax status is solely the result of Albany’s tax and spend culture, not the recently enacted federal tax reform.”
January 17, 2018
Gov. Cuomo Proposes Plugging Budget Gap with More than $1 Million in Taxes and Fees Crain’s New York Business
“The executive budget proposed today by Gov. Cuomo offers little to help New York’s struggling small businesses and looks to impose a complicated and potentially unworkable new payroll tax,” complained Mike Durant, state director of the National Federation of Independent Business. “New York’s lack of economic competitiveness and high tax status is solely the result of Albany’s tax-and-spend culture, not the recently enacted federal tax reform.”
January 12, 2018
Business Leaders Watching What Happens with Payroll Tax Albany Business Review
January 10, 2018
Cuomo’s Plan for New Tax Faces Backlash Oneonta Star
January 9, 2018
Cuomo Faces Heavy Lift In Albany with Payroll Tax Proposal Press Republican
” “New York needs to reduce spending in areas where we’re underperforming,” said Durant, who questioned whether the state’s growing investment in economic development projects remains a prudent expenditure of public dollars.
Durant also cautioned that the payroll tax plan put forward by Cuomo is “immensely complicated.” “
January 9, 2018
Business Leaders: Let Non-Union Contractors Do Subway Projects Crain’s Business
NFIB NY State Director Mike Durant and other business leaders sent a letter to Governor Cuomo “to “put an end to arbitrary PLAs and open up the subway construction bidding process, and frankly the entire bidding process for the state and all the agencies, to the entire construction industry, rather than limiting it to the small group of union contractors who have profited off a lack of competition.” “
January 7, 2018
Cuomo’s End Run Around Trump Tax Bill Buffalo News
Gov. Cuomo said in his State of the Speech last week that the state will re-write its complex tax code if the federal tax overhaul is going to “hit thousands of New Yorkers with higher tax bills.” Cuomo proposed to reduce the state’s reliance on income taxes that employees pay by starting a new, statewide payroll tax that employers would pay. NFIB State Director Mike Durant told The Buffalo News, “The governor is talking about how this is pillaging New York, yet the vast majority is going to receive a tax cut and the vast majority of small businesses are going to receive a nice tax cut…if anything is done it should be to right-size our state spending.”
January 3, 2018
NFIB Statement on Governor Cuomo’s State of the State Address (Complete statement)