NFIB/NY In the News

Date: January 18, 2018

Related Content: News State New York

News Archive

January 28, 2018
Cuomo’s Resistance of Federal Tax Law Has Resistance Upstate
 Fox Business
Mike Vilensky

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
Gerald Silverman

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
Will Bredderman

“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
Liz Young

January 10, 2018
Cuomo’s Plan for New Tax Faces Backlash Oneonta Star
Joe Mahoney

January 9, 2018
Cuomo Faces Heavy Lift In Albany with Payroll Tax Proposal  Press Republican
Joe Mahoney

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
Erik Enquist

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
Tom Precious

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)

Covered in:

The Daily Gazette (Schenectady)
The Albany Times Union
Albany Business Review
The Auburn Citizen
The Central New York Business Journal
WGRZ

 

 

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