Assemblyman Kieran Michael Lalor (R,C,I - Fishkill) (center) thanked legislative leadership for adopting his proposal to expand the manufacturer's tax cut to include the entire state.
Assemblyman Kieran Michael Lalor (R,C,I - Fishkill) thanked legislative leadership for adopting his proposal to expand the manufacturer's tax cut to include the entire state. Governor Cuomo's original budget proposal included a plan to eliminate the corporate income tax on "upstate" manufacturers, defined as operating outside the MTA region. Manufacturers in MTA counties, including Dutchess, Orange, Putnam, Rockland, Westchester, Nassau, Suffolk, and New York City, would have continued to pay the tax. Today's budget agreement eliminates the tax for the entire state.
"This is a win for jobs in the Hudson Valley, Long Island, and New York City," said Lalor. "The governor's original proposal was short-sighted and would have shifted jobs out of our communities. It would have been a disaster for Dutchess and Orange counties, where businesses could move just a few miles down the road to pay no tax. We organized almost two dozen municipalities to pass resolutions calling on Albany to expand the tax cut to the whole state. Our local leaders knew this was a bad deal and Albany finally listened to us."
Lalor was the first legislator to express opposition to the governor's original proposal. The following municipalities passed Lalor's resolution on the manufacturer's tax cut: the Towns of Wappinger, Beekman, LaGrange, Poughkeepsie, North East, Warwick, Deerpark, Fishkill, Patterson, Goshen, Carmel, Dover, Union Vale, Washington, and East Fishkill; the Villages of Fishkill, Rhinebeck, Maybrook, and Airmont; and Orange County.
Lalor continued, "New York is losing jobs every day. People are fleeing the state for better opportunities. We need across-the-board tax cuts. This is a good first step. It should have been across-the-board to begin with, but Albany eventually listened. Now, we need more tax cuts, fast. We have more work to do to stop the bleeding."