The Way Forward To Prosperity: Cap State Spending, Reform The Tax Code, Ban Unfunded Mandates, Get Moving On Private Sector Jobs Creation
Legislative column from Assembly Minority Leader Brian M. Kolb (R,I,C-Canandaigua)
July 22, 2011
Much of the news these past few weeks has focused on our nation’s capitol with its heated back-and-forth discussions about raising the nation’s debt limit, passing real spending cuts and enacting structural reforms to programs that will finally bring the federal budget back into balance. As expected, a great deal of the “debt debate” in Washington has been dominated by partisan politics and political rhetoric. NEW YORK NEEDS AN ADULT CONVERSATION ABOUT FISCAL REALITY What seems to have gotten lost in Washington’s partisan squabbling is the genuine need to restore fiscal sanity at ALL levels of government. Here in New York State, I genuinely believe that we need an adult conversation about getting our Empire State back on track and headed toward long-term financial health. This journey begins – and ends – with restoring fiscal accountability that will lead to a stronger, more affordable and prosperous New York State. While the 2011-12 State Budget achieved some progress on this front, New York State still faces massive financial challenges. Those challenges are not far off on some distant horizon – they are right here, today, and are as follows:
- State government still spends too much;
- New York’s tax code is too confusing, complex and costly for taxpayers and businesses and acts as a disincentive to private sector job creation;
- Albany continues to pass its buck – along with its costs – onto the backs of local governments and school districts leading to higher property taxes; and Our economy remains stuck in neutral and there are not enough good-paying private sector jobs to keep our kids here.