Posted on 02/19/2014 2:52:41 PM PST by SeekAndFind
Tax Free until you are established then the “Rat’s Trap” snaps on your neck and you are stuck to be milked like a cow in a holding chute....
Though Upstate NY is fine on appearance, who would move a bidnuss there?
Let the idiot lefties buy into this, the more we concentrate them, the less area they control other places.
“...change the perception of New York as a high tax state.”
...love it.
Note that the REALITY THAT IT INDEED IS A HIGH TAX STATE is obviously not considered to be the problem.
He is trying to be like mac daddy where when his lips are moving he is lying.
Quick, concise translation: to bamboozle more hard-working people to come here and support our welfare state.
Only the village idiot would consider moving a business into New York.
Honestly - what business owner is just gonna move or establish a business in NY on this promise without first looking under the covers? At best - the commercials amount to campaign propaganda for Cumo to be absorbed by those already trapped within it’s borders.
If I understand correctly, NY also wants only pro-choicers in the state.
I laugh at these tax break gimmicks to get new businesses...perhaps the reason you need tax breaks to attract new businesses is that your tax rates are too high. Imagine how many businesses could be attracted if taxes were lowered for all businesses.
!
Reading carefully, one has to get in bed with some university “research” or other con arrangement to get the “tax brake”. Wasting money on annoying crappy lying advertising, baaaaaarf!
These TV ads run all the time around here. I tell my friends and relatives in NY “aren’t you glad millions of your tax dollars are being spent in Maryland and Virginia on stupid ads that no one believes anyway. Maybe your taxes in NY can be increased even more to pay for more ads.”
The proper thing to do, and this was done by several companies is take the tax deal, take your profits and build a new pant in the south. Two years before, the bill comes due, move you operations to South Carolina or Texas, and then there is nothing left to tax. Leave the mess in NY.
For proof of this....see Wheatstone.
Wheatstone did it in Syracuse in the 1990’s under Mario’s Enterprise Zone plan. Moved in to NY from Connecticut and split to North Carlina before the taxes caught up with them. I don’t blame Wheatstone, they did what any sane business owner would do. Actually, it a fine model of how to play it, and they ended up with a sweet place in NC to boot.
Not all liars are democrat politicians s but all democrat politicians are liars.
Saw a couple of those ads on the tube & just had to laugh.
Not surprised that they come with a couple hundred pages
of “fine print”.
Top rate of 8.3% ? CALIFORNIA is much, much worse:
Tax Bracket
(Single) [2] Tax Bracket (Couple) [3] Marginal Tax Rate
$0+ $0+ 1.00%
$7,582+ $15,164+ 2.00%
$17,976+ $35,952+ 4.00%
$28,371+ $56,742+ 6.00%
$39,384+ $78,768+ 8.00%
$49,774+ $99,548+ 9.30%
$254,250+ $508,500+ 10.30%
$305,100+ $610,200+ 11.30%
$508,500+ $1,017,000+ 12.30%
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