The leader of the New York State Assembly is non-committal about enacting the details of Governor Andrew Cuomo’s tax commission plan. Speaker Sheldon Silver says he’s for property tax cuts, but not at the expense of school spending.
With the one year mark of the Newtown school shooting approaching Saturday, officials met with the media Tuesday to describe how they want the day to be observed. Officials describe a quite day of reflection.
New York state spends about $7 billion on tax incentives and business subsidies each year.
Regional Economic Development Councils, or REDCs, were put in place in 2011 to help coordinate this spending at a regional level.
Governor Andrew Cuomo is scheduled to announce the latest round of REDC funding on Wednesday. But as the Innovation Trail’s Kate O’Connell reports, concerns remain about the transparency and accountability of the state's subsidy programs.
In the aftermath of the tragedy at Sandy Hook Elementary School, Newtown has received support from all over the world. The donations, media inquiries, and outpouring of both concern and curiosity proved overwhelming for the small Fairfield County town. But among the donors, General Electric Corporation stood out by providing the town something it desperately needed: workers.
Former New York Gov. George Pataki, Gov. Andrew Cuomo and former state Comptroller Carl McCall pose at Manhattanville College in Purchase, N.Y., on Wednesday, Oct. 2, 2013. Cuomo named Pataki and McCall to a Tax Relief Commission.