A new report is warning that New York State has the most hostile business tax climate in the nation, largely due to its higher-than-average personal income, sales and business taxes.There's really not much difference in New York state between Democrats and Republicans.Rent control,unions,and high taxes are the New York way.Florida may have more population than New York state sooner than you think.
New York ranks last among the 50 states in terms of the burden placed on businesses by a variety of state taxes, according to a "business climate" study published by the Tax Foundation, a nonpartisan research group that was founded in the 1930s during the Depression.
The study comes on the heels of two other reports that cast a critical eye on New York's tax system and spending levels, and clash with Governor Pataki's claims that the state under his stewardship has made substantial gains in making itself more appealing to businesses and entrepreneurs. The reports, taken together, could make it more difficult for Republican gubernatorial candidates to portray their party as being more fiscally conservative than the Democratic Party.
Monday, February 27, 2006
New York Ranks Last in Tax Study
The New York Sun reports: