Business Buyers Beware: Gov. Cuomo’s “Tax Free” New York TV Pitch is a Con Job


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Business Buyers Beware: Gov. Cuomo’s “Tax Free” New York TV Pitch is a Con Job

Townhall ^ | 02/19/2014 | Donald Lambro

Posted on Wednesday, February 19, 2014 5:52:41 PM by SeekAndFind

New York Governor Andrew Cuomo is airing TV ads around the country that offer tax-free status for 10 years to new business start-ups entering his state.

The ads’ claims are deceptive because they come with a lot of government strings attached. You only get a tax cut if you put your business where the state tells you to put it, plus meet other state requirements. Critics say Cuomo’s sweeping claims are not what they’re cracked up to be.

Once again, not unlike President Obama’s tax credit proposals, the Democrats think they can dictate the rules that produce successful businesses and lots of jobs. It did not work nationally, and it isn’t going to work in New York where…

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