By Yasmin Rosado
State Attorney General, Andrew Cuomo, strictly emphasizes his focus on the state's regional needs. Cuomo states in his campaign stop that since New York State is a highly taxes state in the United States, there is no long term economic future for it. Cuomo proposes that he "would end the long-criticized system in which a state agency run by government appointees awards tax breaks to attract or retain employers".
Carl Paladino wants to create new jobs and cut taxes for corporate franchises and capital gains taxes. As a result of the taxes being diminished, Paladino proposes to cut personal income taxes by 10 percent.
Andrew Cuomo has the best economic improvement idea so far. He is taking things one step at a time. Although the cut off of taxes for new businesses and other franchises is an excellent idea on Paladino's part, it will still hurt the state government because Albany will be responsible to pay all of the money that has not come from these establishments. The main questions are: how will he be able to completely cut taxes for corporations without any consequences? And most importantly, how long will it take for his idea of quickly fixing the economy of New York?
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