NFIB's REACTION TO GOVERNOR CUOMO’S STATE OF THE STATE

Date: January 13, 2016

NFIB's REACTION TO GOVERNOR CUOMO’S STATE OF THE STATE


“Today’s address by
Governor Cuomo was heavy on rhetoric, light on details and full of conflicting
messages for small business.  The Governor both touts the importance of
small employers to New York’s economy, yet continues to push proposals which
directly threaten their viability.  From the push to dramatically increase
the minimum wage to the renewed effort to mandate paid leave, small businesses
are directly looking at significant cost increases in which no tax cut could
offset.

Additionally, we are
encouraged that the Governor will address critical infrastructure needs
throughout New York, however this is pending clarity on how this significant
investment will be funded.

It is important over the
coming weeks that the needs of small business trump political fanfare.  Small
employers are counting on the Governor and legislators to avoid painting
business with a broad bush and understand the vast differences between Main
Street and Wall Street.”

Related Content: Small Business News | Economy | New York

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