Statement On "Tax-Free NY"

ALBANY, 05/22/13 -- State Senator James L. Seward (R/C/I – Oneonta) today commented on the “Tax-Free NY” initiative unveiled by the governor and legislative leaders: 

“As someone who represents a host of SUNY schools, I am encouraged by the ‘Tax-Free NY’ initiative and the goal of creating a more business friendly environment for campus communities across the state.  A bold and innovative approach like this is needed to revive and advance our economy.

“Conceptually, the plan has several positive attributes that will help attract employers, create jobs and boost our overall economy - enhancing the value of our existing businesses in the process.  The proposal also helps bring together developing companies with our SUNY graduates, a perfect marriage.

“We also need a broad based approach that includes cutting government red-tape, eliminating burdensome mandates and lowering taxes for all businesses including those who have already invested in our state.  This latest initiative will help augment what is already being done in that regard and take us a step further toward rebranding and rebuilding New York.”

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Click here to read the governor's press release.