Spending Cap Will Ensure Tax Cuts Come To Fruition

The National Federation of Independent Business (NFIB), which supports most of Governor Cuomo’s tax cut proposals, today said the best way to ensure their full implementation is to cap state spending increases at two percent.

“The Governor’s budget assumes that state spending increases won’t exceed two percent over the next two years. That’s a leap of faith that taxpayers shouldn’t have to make,” said NFIB State Director Mike Durant.

The pressure on Albany to increase spending is always heavy, said Durant, and the promise to cut taxes could be easily abandoned next year or the year after.

“The tax cuts depend on fiscal restraint and that’s always the first casualty of politics,” said Durant.  “A two-percent cap would lock everyone in to the commitment that the Governor is making to taxpayers.”

Durant pointed out that the two-percent cap on property taxes, which the Legislature approved, works on the same principle.

“Think of it as belly band surgery for government,” said Durant.  “It’s a way to control Albany’s appetite for more spending.”

To learn more about NFIB please visit www.nfib.com.

About these ads

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.
This entry was posted in New York, Small Business, Taxes, Uncategorized and tagged , . Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s