How the hell do hypocrite left wingers get away with condemning tax initiatives when every blue rust belt state (including New York) is advertising tax initiatives for industries?
IN particular the NY State government has seen the light. Gone is the arrogant notion that "if you're not in New York, you're nowhere".
Mario Cuomo thought this way. During his 4 terms, his administration jacked up taxes on every aspect of business and invented a ton of other fees and taxes.
Cuomo never thought business owners would have the stones to pull up stakes and leave NY....He was wrong.
GE a mainstay and one of NY's largest non white collar employers has been closing plants in and around its former HQ in Schenectady NY for three decades.
The entire Capital District was in one way or another tied to GE. Many people in the region upon graduation from high school or college took jobs at GE for their entire careers.
The high real estate, business and employment taxes were in part the reason why GE finally moved most of its operations to other states or out of the US..
Other businesses such as Carrier, Union Carbide, a plethora of auto manufacturing plants as well as parts suppliers left the state.
One other aspect of NY that drove away many large employers is NY's tough labor laws which provide many protections for labor unions.
NY is perhaps the only state where "closed shop" practices which by federal labor law are illegal, but the way the NY laws are written, the state pushes the envelope without drawing the attention of federal scrutiny.
The latter makes NY an unattractive place to start or expand a business.
Fast forward to today. The present Andrew Cuomo administration has seen fit to offer tax incentives to any new business forming in NY or ones that relocate to NY a ten year exemption on certain business and real estate taxes.
This is really the only way NY can compete with other more business friendly states for job creation.