Albany Times Union, Letter to Editor By Bill Ritchie, June 20, 2013. The results of New York's many "economic development" boondoggles are in.
The Alliance for a Greater New York reports taxpayers are spending $7 billion on corporate subsidies in the name of job creation.
The Labor Press, By Marc Bussanich, June 14, 2013. New York spends $7 billion annually for economic development, but there’s no way to know how many, if any, jobs were created with that money because the recipients do a poor job in reporting, according to a new report. The Alliance for a Greater New York, a community-based organization focused on job creation, issued the report, “The $7 Billion Wager: New York’s Costly Gamble in Economic Development,” during a presser in Albany on Wednesday, May 29.
North County Public Radio, By Matt Richmond, June 13, 2013. Gov. Andrew Cuomo released legislation outlining his plan for tax-free zones Monday after spending a week in May touring upstate to build support for the proposal. "I mean no taxes. That's what I mean when I say tax free - no business tax, no corporate tax, no franchise fee, no income tax," Cuomo told officials at the University at Buffalo.
Truthout, By Lawrence Wittner, June 13, 2013. “Who needs the Cayman Islands?” That’s how a May 22 New York Times article began as it described “Tax-Free NY,” a plan zealously promoted by New York State’s Democratic Governor, Andrew Cuomo.