Sentences with phrase «business tax breaks»

Senate Democrats plan to hold a test vote on a bill that would give small businesses tax breaks for boosting payrolls, the opening salvo in a long - anticipated election - season fight over which party's tax cut plan is more likely to help spur job creation.

In government, we've proved our commitment to building a stronger economy by halving the budget deficit, helping business create 1.8 million jobs and giving small businesses tax breaks in return for hiring apprentices.

The package of bills joins efforts by state lawmakers to address the issue, including a bill introduced by state Assemblyman Billy Jones on Wednesday to give businesses tax breaks for hiring people in recovery.

Specifically, giving businesses a tax break of up to 15 percent for profits shared worth up to 10 percent of a worker's annual salary, or a tax credit equivalent to $ 750 per employee.

In addition to the impact on the state budget, the agreement will constrain future tax revenues for New York City by expanding the 421a program and extending business tax breaks for Lower Manhattan.

The Citizen Budget Commission's excellent new report, Avoiding Past Mistakes, details how business tax breaks, subsidized financing and direct grants have created a complicated tangle of bureaucracies and programs, but not many jobs.

Instead, JobsOhio managers make recommendations on business tax breaks to the state Development Services Agency.

He gave up on serious redistricting reform to protect the cooperative Republican Senate leader; he traded business tax breaks for the higher minimum wage; he agreed to include in the gun - control reform bill a noxious restriction on the disclosure of gun - permit data.

Broadly speaking, Cuomo's upstate economic development strategy remains heavily weighted toward dubious business tax breaks, while his transportation policies still squander resources on stuff like a toll freeze for Thruway drivers.

Ken Lovett, the Albany Bureau Chief for The New York Daily News talks with WAMC's Lucas Willard about New York State Senate Deputy Majority Leader John DeFrancisco, who took advantage of personal business tax break while criticizing Governor Andrew Cuomo's economic development plan.

Before the summer recess, he wants to see lawmakers expand the Educational Improvement Tax Credit, which offers businesses tax breaks for donating to school programs.

Like Trump's original plan, this new plan would reduce the corporate tax rate from 35 percent to 15 percent, eliminate most business tax breaks, tax carried interest as ordinary income, impose a one - time deemed repatriation tax on profits held abroad, repeal the estate tax, and eliminate the corporate and individual Alternative Minimum Tax.

TAXES: Small business tax breaks would help offset the cost of a minimum wage hike.

Two other issues that have been popular with New Yorkers, raising the minimum wage, supported in the Assembly, and small businesses tax breaks, advocated by the Senate, are not likely to happen.

There's also some consensus that business tax breaks should be eliminated to allow for a lower overall business tax rate.

Even business groups are all buy conceding defeat, saying they remain against the idea but are focusing on some mitigations, like a small business tax break.

«Giving minimum wage workers a small increase over three years and linking it to a business tax break that will actually encourage the creation of more minimum wage jobs is unconscionable, especially in a state that already has the most inequitable income distribution in the nation,» said Donohue.

As further evidence, Donohue pointed to the disgraceful minimum wage deal, giving the lowest paid workers a small increase over three years but linking it to a business tax break that actually encourages the creation of more minimum wage jobs at the expense of low wage workers.

Last week, the state Legislature approved Gov. Andrew Cuomo's request to spend about $ 6.5 billion on a grab bag of economic development projects and business tax breaks — ... (read more)

Major issues during the 2013 legislative session included the creation of a state - controlled health exchange, school reform, business tax breaks, and ethics rules.