Unshackle Upstate, a pro-taxpayer advocacy organization has released its 2016 policy agenda. The document details the organization’s positions on 36 economic policies – all of which impact Upstate employers and taxpayers. Greg Biryla, executive director of Unshackle Upstate touted the robust agenda as a go-to guide for accelerating Upstate’s economic resurgence.
“While the Upstate economy has made some modest gains in recent years, there’s much more work to be done,” said Biryla. “Our 2016 agenda focuses on important policies that will help grow our economy. Cutting taxes for all New Yorkers, addressing regulatory burdens and improving the state’s overall business climate will generate good-paying jobs and a brighter future for Upstate New York.”
Specifically, the organization’s 2016 agenda calls for the following tax reforms:
· Permanent extension of the current 2-percent property tax cap;
· Permanent extension of the 2011 personal income tax reductions
· 10-percent personal income tax reduction for small businesses with net incomes of $500,000 or less;
· 10-percent personal income tax exemption for small businesses with less than 100 employees;
The agenda also focuses on a number of items that would have a negative impact on the Upstate economy. Unshackle Upstate opposes harmful measures including an unprecedented 67-percent minimum wage increase, reforms that would weaken the property tax cap and the use of project labor agreements.
“Now that we have some momentum on our side, it makes no sense to go backwards. The opposition items that we’ve detailed in this year’s agenda would erode the recent economic progress,” said Biryla. “The impact of a $15 minimum wage alone would jeopardize at least 200,000 jobs and squeeze $15 billion from employers, consumers and taxpayers. That’s simply unaffordable and unacceptable.”
Download Unshackle Upstate’s 2016 policy agenda here: http://bit.ly/uu2016agenda