Cuomo proposes $137.2B state budget with tax cuts

[WNYresident]

Cuomo proposes $137.2B state budget with tax cuts

ALBANY, N.Y. (AP) - New York Gov. Andrew Cuomo on Tuesday proposed budgeting $137.2 billion for the fiscal year starting April 1, a spending increase of less than 2 percent accompanied by business, property and estate tax relief.

Read the full story on WIVB

So where are the tax cuts? Did our state income tax rate go lower? Are we paying less state sales tax?

[WNYresident]

Statement from Unshackle Upstate Regarding Governor Cuomo’s Executive Budget Proposal

Posted: Jan 21st, 2014

“Governor Cuomo’s 2014-15 Executive Budget proposal reflects much of what Unshackle Upstate has long fought for – including limiting the growth of state spending and reducing taxes.

The governor’s plan to end the regressive 18a energy tax, reduce corporate taxes and eliminate the income tax on Upstate manufacturers will boost the Upstate economy and help create private sector jobs. Additionally, we’re pleased that Governor Cuomo has called for a complete review of the burdensome regulations that impede Upstate businesses. Meaningful regulatory reform is essential to improving New York’s business climate.

http://unshackleupstate.com/news/pre...udget-proposal