We urge the Assembly to keep working with their Democratic colleagues in the Senate and pass common sense bills that:
A coalition of progressive organizations and good-government watchdogs is urging state lawmakers to consider more oversight for economic development programs as well as make changes so they are more accountable to taxpayers.
We applaud Senator Krueger and her colleagues on the Senate Finance Committee for holding a hearing to review the effectiveness of business subsidies and tax incentives to meet New York’s economic development goals. It is long past time that we take a hard look at the efficacy of these programs.
Ron Deutsch, of the nonprofit New Yorkers for Fiscal Fairness, called the tax changes “long overdue.” “This budget makes historic investments in public services and puts the needs of the many over the needs of the few,” he said. “While we know there is still more work to do, these tax reforms are a great start in addressing New York’s worst in the nation income inequality and will begin to reverse a decade of austerity spending in our state.”