ALBANY, NY (TIP): Since taking office, Governor Cuomo has been committed to growing the economy while cutting taxes for middle class families and small businesses. Thanks to the Governor’s reforms, middle class families in New York now pay the lowest tax rate in 62 years, and New York businesses will save nearly $800 million in tax relief over the next three years. In addition, the Governor’s groundbreaking initiative – START-UP NY – will create zero-tax communities on SUNY campuses to attract start-ups and new businesses to create jobs for our people. In addition to the Governor’s ongoing efforts to streamline and improve New York’s tax code to make the state more affordable and competitive, the Governor announced the New York State Relief Commission today that will identify ways to reduce the State’s property and business taxes. The new Tax Relief Commission includes two of our state’s most respected leaders, former Governor Pataki and Comptroller Carl McCall, and will collaborate with the Tax Reform and Fairness Commission, launched last December.
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