NFIB Says NY Earns it’s Lousy Business Ranking

CEO Magazine is the latest business publication to give New York a failing grade for its economic climate and the state’s leading small business group said it’s time for Governor Cuomo and lawmakers to knock off the public relations gimmicks and focus on better public policies.

“The best way to change perception is to change the truth,” said Mike Durant, New York State Director for the National Federation of Independent Business (NFIB).  “Despite all the slick television advertising and the star-powered endorsements, the truth is that New York remains one of the worst places in the country to do business.”

Durant reacted to CEO Magazine’s 2013 ranking of states in which New York finishes in 49th place, just ahead of notoriously anti-business California.   The New York page is filled with quotes from CEOs who cite the state’s sky-high taxes and suffocating bureaucracy as big disadvantages.

“We have the highest taxes in the country and a very costly, very aggressive regulatory system that punishes businesses,” said Durant.  “If the corporate CEOs are complaining about New York, you can imagine how difficult it must be for small businesses to survive in this state.

“New York needs a complete course correction,” he continued.  “We need lower taxes.  We need fewer regulations.  We need a smaller, more business-friendly regulatory bureaucracy.  We need legal reform to eliminate lawsuit abuse.  And we need the leaders in Albany to do more than simply talk about improving the business climate.  They need to start matching their actions to their rhetoric.”     

For more information about NFIB, please visit www.nfib.com.

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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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