Skip to content

Struggling New York Small Businesses Will Not Withstand New Taxes, Mandates

Struggling New York Small Businesses Will Not Withstand New Taxes, Mandates

January 19, 2021 Last Edit: June 5, 2025

NFIB reacts to Gov. Cuomo's budget address with a news release

Struggling New York Small Businesses Will Not Withstand New Taxes, Mandates

Struggling New York Small Businesses Will Not Withstand New Taxes, Mandates

Albany (Jan. 19, 2021) – Today, Governor Andrew Cuomo gave his annual executive budget address outlining the state’s fiscal condition and policy priorities for the year ahead. Amidst the continued chaos of COVID-19 and uncertainty surrounding federal actions, the Governor outlined the tenuous condition of state finances and some of the paths available to enact a balanced budget by April 1st.

“While the small businesses of New York who suffered most during the pandemic would have liked to hear concrete solutions and assurances for the state’s fiscal year, NFIB welcomes the Governor’s acknowledgment in today’s address that it is our state’s small businesses that have ‘taken it on the chin’ and sacrificed much to promote public health,” said Greg Biryla, NFIB’s Sr. NY State Director.

The most recent NFIB research shows 47% of small business owners anticipate that they will not be able to operate longer than 7-12 months under current economic conditions.

“As the state grapples with a significant multi-year budget deficit, one thing must remain top-of-mind, proposals to levy new or increased taxes, assessment, surcharges, fines, or fees on New York’s distressed small businesses should be rejected out-of-hand,” added Biryla. “Our Main Street entrepreneurs, the communities they support, and the jobs they provide are being pushed ever closer to the cliff and there will be no normal to return to without the small businesses we all know and love.”

 

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

July 4, 2025
America’s Small Businesses Applaud President Trump, Congress…
Read More
United States Capitol Building Wide Shot
July 3, 2025
NFIB Thanks Congress for Passing Landmark Small Business Tax Re…
NFIB applauds Congress for passing the One Big Beautiful Bill Act, which in…
Read More
July 2, 2025
NFIB Key Votes One Big Beautiful Bill Act in U.S. Senate and Ho…
NFIB key votes the One Big Beautiful Bill Act in the 119th Congress and urg…
Read More
July 2, 2025
Small Business Owners Push Priorities in Capitol Hill Meetings
Over 80 small business owners attended NFIB’s annual Fly-In. They attende…
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility