McLAUGHLIN JOINS CALL TO ELIMINATE ENERGY TAX
Assemblyman Steve McLaughlin (R,C,I-Melrose) recently attended a press conference to call for the elimination of the 18-A energy tax. Many business groups and fellow members of the assembly joined in the criticism of the ongoing financial burden the 18-A tax creates for our local businesses and families.
“When the 18-A tax was created, it was intended as a temporary tax that was scheduled to expire at the conclusion of this year. Our businesses and families all across the state were anticipating the end of yet another burdensome tax,” said McLaughlin.
The 18-A energy tax, a tax that appears as part of the cost on monthly electric bills, was scheduled to be reduced this year, saving consumers over $509 million annually. In addition to the lost savings, it is estimated that extending the tax will cost our businesses and families $2.8 billion over the next six years.
“New York State has earned the dubious distinction of being the ‘tax capital of the country’ and this is a perfect example of why. More taxes aren’t the answer. We have a spending problem that needs to be addressed before we look for further sources of revenue, especially if those sources are our already taxed-out businesses and families,” McLaughlin concluded.
Assemblyman McLaughlin represents the 107th district, which consists of parts of Rensselaer, Columbia and Washington counties. For more information, please visit Assemblyman McLaughlin’s official website.