Brindisi Applauds Governor Cuomo’s Tax Proposal
Assemblyman Anthony Brindisi says the tax plan released by the Governor builds upon the continued efforts to promote economic development and job creation in the Mohawk Valley.
Governor Andrew Cuomo has unveiled a state tax plan to take on sky-high property taxes.
At a news conference in Albany, Cuomo detailed a credit that would freeze the residential rate for two years:
Cuomo says property taxes are so high due to the expense of maintaining more than 10,500 local governments.
The freeze is contingent on communities staying within a tax cap and working to reduce costs.
Brindisi says by eliminating the corporate income tax for upstate manufacturers and lowering the cost of doing business, the state removes some of the barriers that have hindered local businesses’ ability to grow and create new jobs.
The Assemblyman also says he looks forward to working with the Governor and his colleagues on the legislation in helping make New York a more affordable place to live and do business.