McLAUGHLIN: START-UP NY, A FAILED INVESTMENT IN NEW YORK'S FUTURE

          Assemblyman Steve McLaughlin (R,C,I-Schaghticoke) joined members of the Assembly Minority Conference at a press conference in Albany Wednesday morning calling for the shut down of START-UP NY, Gov. Cuomo’s initiative to provide exclusive tax-free zones for certain businesses that relocate within New York State. Members also pushed the Small Business Full Employment Act, Assembly Bill 5898, which would enact several tax and regulatory relief measures for small businesses across the state.

          “START-UP NY is an economic development policy which only rewards businesses if they are connected or selected by the Cuomo Administration,” McLaughlin said. “The strategy picks winners and losers and its underlying goal is to promote Gov. Cuomo’s political image. We continue to see people and businesses leave New York and move to states like Texas where the tax burden is substantially lower. We should take the hundreds of million of dollars used for START-UP NY and reinvest it into businesses by cutting taxes and regulations. Until then, New York will continue to be the least business friendly state in the nation.”

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

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Steve McLaughlin for Assembly