NFIB Achieves Two Major Victories for New York’s Small Businesses
New York State will finally pay Unemployment Insurance debt, lowering UI taxes for employers.
New York State will finally pay Unemployment Insurance debt, lowering UI taxes for employers.
New retirement program mandate for Massachusetts businesses proposed, and New York takes action on its UI crisis.
NFIB testified in the House against a 3% surtax on income over $625,000.
“NFIB applauds the Governor and Assembly for agreeing to pay off New York’s $6 billion Unemployment Insurance debt, which has been dragging down Main Street for the last four years.”
Small businesses are the backbone of Alabama’s economy.
“Start spreading the news! In New York this week, NFIB applauded Governor Kathy Hochul and its legislative leaders for coming to agreement to pay off New York’s outstanding federal UI debt, which will save Main Street from higher UI taxes and assessments, providing much needed relief to small business owners who through no fault of their own have dealt with the financial and economic fallout from the pandemic.”
The state Senate is expected to consider similar legislation in 2026.
NFIB Research Center Executive Director Holly Wade joined Brad Smith of Yahoo! Finance to discuss the April Jobs Report and challenges facing small businesses.
Minor reductions in income and property taxes pass
Texas is one of only 9 states that taxes business inventory and equipment such as desks and computers.
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