Another Business Index, Another Last Place Finish for New York!

Further accentuating the fact that I have been pretty steadfast in my position that New York is not quite open for business, the Tax Foundation has released their 2013 Business Tax Climate Index, and New York ranks 50th.  50th!

Consider this line from the release, “Despite moderate corporate taxes, New York scores at the bottom this year by having the worst individual income tax, the sixth-worst unemployment insurance taxes, and the sixth-worst property taxes.”

Exactly.  NFIB/NY has been consistently saying that some pieces were in place but the Governor and legislature needed to go further.   That the tax cap needs mandate relief (immediate mandate relief) and unemployment insurance needs reforming.  And let me just state, that the laundry list of things that need to get done to create an organic economic climate in New York is lengthy.

I hope lawmakers and the Governor take this new index seriously.  I know I and NFIB members do.

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About Mike Durant

Mike Durant was named New York State Director of NFIB in May 2011. Prior to joining NFIB as the Assistant State Director in May 2010, Durant began his career in the New York Senate working in the Office of Member Services. From there, he served in a number of positions during former New York Governor George E. Pataki’s administration. As a Research Specialist in the New York State Office of Demographic Policy, Mike was responsible for drafting a redistricting proposal for Governor Pataki. In addition, Mike served as a Research Specialist for the Empire State Development Corporation, as well as the Associate Commissioner of Human Resource Management with the New York Department of Labor. Durant also spent four years working at the Questar III BOCES as a specialist focusing on the complex formulas that drive aid to school districts across the state while also taking a lead role in the state legislative/budget process as it related to education policy. These past positions have given Mike a deep understanding of the complex political economics of the State of New York. Active in the community, Durant has served on a number of boards in both the village of Ballston Spa and Town of Milton. Durant received his bachelor’s degree from Siena College in Loudonville, New York and resides in Ballston Spa with his wife and two children.
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