Without a doubt, one of the most important issues we need to work on is job creation. I know New Yorkers love our great state and that they need good paying jobs to stay here.
A few weeks ago, I discussed the Assembly minority plan, "Excelsior 2005: An Assembly Minority Blueprint for Growth and Reform in the Empire State," a comprehensive program for our state’s future. Excelsior 2005 lays out several different ways to spur job growth.
One key to job creation is enabling companies to create new positions. This can be accomplished in different ways. Excelsior 2005 calls for a $1,000 corporate tax credit for each new job created. It also encourages manufacturing growth by proposing a 30 percent exemption on manufacturing income.
When I meet with small business owners, many of them tell me that they have the best employees around, and that they want to do everything they can for those workers, such as providing health insurance for them and their families. Excelsior 2005 calls for a tax credit for employers equal to 10 percent of health insurance premiums paid for employee health insurance.
Many of our businesses are proud of their stellar worker safety record, yet they must still pay high workers’ compensation premiums. It is time to reward employers for their dedication to worker safety. This plan provides rebates to employers who maintain safe work environments year after year.
This year, I again have the privilege of chairing the Assembly Minority Manufacturing Task Force. As part of this responsibility, I travel around the state meeting with manufacturers and listening to their needs as we continue to try to provide New York’s businesses with the tools necessary to be competitive in today’s international marketplace.
New Yorkers need good-paying jobs. It is the responsibility of the state to provide a climate that encourages companies to grow and is business-friendly. This plan will help make a difference.
As always, if my staff or I may be of service, please do not hesitate to contact my district office at (315) 781-2030, or visit me at 607 West Washington St., Suite 2, Geneva, NY 14456.