continued We need to ensure that those fleeing from the law do not receive public assistance. Last year a man, Edward Moses, was wanted for attempted murder, kidnapping and possession of a weapon. He was fleeing from the law in South Carolina and receiving New York State benefits. Legislation I introduced would reinstitute a check coordinated between the Department of Criminal Justice Services and the Office of Temporary Disability Assistance to ensure that fleeing felons are remanded to the justice system if they apply for benefits.
The Tax Foundation, a non-profit organization that studies how tax laws affect our lives, ranks New York as one of the least friendly states to do business with in the nation. The state and local tax burden percentage was ranked at 49. We need to change the way we treat our businesses – from over-regulation to our tax laws. I propose lowering the corporate franchise tax for businesses and eliminating it for manufacturers.
We need to rescind the State’s Wage Theft Prevention Act. This was a more recent state mandate, intended to protect workers from wage theft, but if employers were already following the law, workers were already protected. Instead, the state added another layer of regulation and cost for businesses and, unfortunately, penalized the players that play fair.
Let’s reduce the tax rate for manufacturers and provide a personal income tax credit for small businesses that earn less than $250,000. We should also create a tax credit for businesses that hire veterans. Eliminate the State’s Temporary Basic Utility Assessment imposed on utility companies that drives up costs for ratepayers. We should also help expand “second stage businesses” that employ five to 99 people. We could do so by cutting regulations that act as barriers to economic development and job creation.
Regulations are good for certain situations but many of ours have become too far-reaching. We currently do not know the costs of regulations on businesses and individuals in this state. California’s regulatory costs are estimated to be $492 billion. While our state is not as large as California, this gives some idea as to how much regulations can cost business owners. While I understand it is not likely that all of these priorities can be accomplished this session, I hope that more is done to make New York friendlier to business before session ends.
Assemblyman Will Barclay represents residents of Assembly District 124, which includes Lysander. He can be reached by mail at 200 North Second St., Fulton, NY 13069, by e-mail at firstname.lastname@example.org or by phone (598-5185).