Business & Economy

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Legislation & Policy
3:07 pm
Fri March 14, 2014

Upstate Theatre tax credit

Business & Economy
4:21 pm
Thu February 27, 2014

Should NY create a "rooftop highway" for the North Country?

In his State of the State Address Governor Cuomo surprised some people in the North Country by reviving an idea that's been bandied about for decades and one that has people split on what the best course of action is for the long term economic prosperity in Northern New York. 

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Business & Economy
3:13 pm
Thu February 13, 2014

Caucus leader backs minimum wage hike for cities

The idea of allowing cities to set their own minimum wage has support from the head of the state’s black and Hispanic caucus, but the plan faces obstacles elsewhere.

New York City Mayor Bill deBlasio first proposed the idea of allowing individual cities in New York to set their own minimum wage higher than the state’s current $8 an hour.  The legislature’s chair of the Black, Hispanic, Puerto Rican, and Asian Caucus, Assemblyman Karim Camara says it would help the lowest income earners cope with higher costs of living.

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Business & Economy
4:53 pm
Fri February 7, 2014

Tax hearing set for Monday

Governor Cuomo’s tax commissioner is set to testify before a legislative budget hearing Monday morning, and he’s expected to get plenty of questions about a plan to freeze property taxes and cut some income taxes. Critics, who are also scheduled to speak, say the governor should focus more on the lower income New Yorkers, as well.
 

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Business & Economy
2:02 pm
Fri January 17, 2014

Cuomo set to release budget January 21

Governor Cuomo releases his state budget proposal next Tuesday, and many will be watching to see what it contains and how the numbers will add up.

The governor is expected to detail a more than $2 billion dollar tax cut plan that includes business tax reductions and a multi stepped plan to freeze property taxes for two years. Cuomo will also reveal how much money he wants to spend on education. He’s said he’ll recommend an increase in school aid, by perhaps as much as 5% over last year. But he’s promised to not raise overall spending in the state budget above 2%.

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