I’m tired of hearing that lower taxes will bring new business. Politicians chant low taxes like a mantra that answers everything. Governor Cuomo offers to starve many New York communities of money for services by barring them from taxing new business.
Today's panelists are WAMC’s Alan Chartock, Editor of the Daily Gazette, Judy Patrick, and Times Union Capitol Reporter, Jimmy Vielkind. Ray Graf moderates.
Topics include: Former Bush Official Said to Be Obama Pick to Lead F.B.I. Holder Faces New Round of Criticism After Leak Inquiries A Second Democrat Calls for Silver to Resign CSEA attacks Cuomo tax-free zone plan Saratoga racino expansion's inclusion of theater space Cuomo's new tax free zones The end of the NY legislative session Gloversville ice cream trial
New York Governor Andrew Cuomo has been traveling the state promoting a plan to allow new businesses to go tax free for up to a decade if they locate near a State University campus. The plan, which is yet to be drafted into bill form, has raised some questions.
BOSTON (AP) — Film companies have been awarded $44 million in Massachusetts tax credits for projects filmed in 2011, with nearly two-thirds of new spending generated by the productions going to individuals and businesses located out-of-state, including many individuals making more than $1 million.
That's a jump over the $18 million in credits in 2010.
The Department of Revenue report credited the increase on the return of multiple major feature films being made in Massachusetts.
MONTPELIER, VT. (AP) — U.S. Sen. Bernie Sanders of Vermont is pushing legislation to stop corporations from sheltering income in the Cayman Islands and other tax havens. The legislation also would end tax breaks for companies that ship jobs and factories overseas.
Massachusetts Governor Deval Patrick is campaigning for a big tax hike. Patrick is making the case that more revenue is needed to pay for things people say they want and need.
Governor Deval Patrick, during a recent swing through western Massachusetts, pressed the case for raising taxes to invest in education and transportation infrastructure. Patrick met with students and faculty in a machinists training program at Springfield Technical Community College. The program prepares people to work in the precision manufacturing sector.
The number of craft breweries has exploded in recent years. In today’s Congressional Corner, Massachusetts Democratic Representative Richard Neal tells WAMC’s Alan Chartock that he is working on a tax change for such breweries.