Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Local Businesses, Homeowners Encouraged by Proposed Tax Reforms

tax cuts person with scissors and paper

Central New York business leaders and homeowners are publicly expressing their support for Governor Cuomo’s $2 billion tax relief plan.  They joined government officials Wednesday to urge the state legislature to approve the proposal.  DeWitt Town Supervisor Ed Michalenko says the business community isn’t used to such a friendly atmosphere in tax decision-makers.
Michalenko said that the new industry tax incentives make him hopeful that towns like DeWitt can maintain the remnants of their local manufacturing enterprises, as most industry has cleared out over the years.  The governor’s plan reduces or eliminates a series of business taxes, and also gives homeowners a tax break as long as their local governments stay within a two percent spending limit.  

speakers seated on stage waiting for their turn at the podium
Credit Scott Willis / WAER News
Robert Simpson, Randy Wolken, Ryan McMahon, Ed Michalenko, and Robert Delorenzo at the tax reform proposal announcement.

Bob Delorenzo and his wife Sarah live in Clay with their newborn son.  Bob says every penny counts for families like his, who may be forced to consider moving elsewhere because of tax expenses:

Robert Delorenzo of Clay, NY discusses what local property owners stand to gain from the tax reform.

CenterState CEO President Robert Simpson said that now is the time to consider tax reform.  He says production overseas is starting to return to the United States, as the economy stabilizes and socio-political risk is comparatively lower than China and Vietnam.  Still,  he says New York is in competition with 49 other states to attract that returning industry, and it needs to create an environment friendly to business growth. 

Hannah vividly remembers pulling up in the driveway with her mom as a child and sitting in the car as it idled with the radio on, listening to Ira Glass finish his thought on This American Life. When he reached a transition, it was a wild race out of the car and into the house to flip on the story again and keep listening. Hannah’s love of radio reporting has stuck with her ever since.