ALBANY, NY (01/08/2014)(readMedia)-- There is much for business in New York to be encouraged about in Governor Cuomo's State of the State address.
His continued emphasis on holding growth in overall state spending to under 2 percent is for another year is welcomed news.
The Business Council applauds the Governor's tax relief proposals, that will provide more than $2 billion in savings to New York employers and residents. This is big news for the state's economy, especially upstate, as these tax cuts will provide broad-based business tax relief, and support key business sectors across New York.
The Business Council represents a wide range of enterprises across the state, all of whom are burdened by regulations and we look forward to working with the Governor and the Legislature in establishing in a joint commission to identify ways to eliminate regulatory barriers that make it difficult to do business in New York State and hinder economic growth.
We await further details in the Governor's budget proposal and stand ready to assist the Governor in making these important real through the Legislative process.