When Albany has a good idea, Albany should pay for it. For too long our elected officials have gone up to Albany and 'pushed down' legislation onto our schools, towns and counties. If any new legislation comes down from Albany, it should be fully funded so our local taxes don't increase.
I also am proposing tax credits for businesses that hire employees because the private sector is the engine that runs the economy. Government's role should be to encourage job growth and help businesses bet on themselves. This proposal offsets the risk that businesses worry about when they expand their workforce with a 15% state tax credit when they hire new employees. If a business increases its workforce, each new employee's salary would be eligible for this tax credit. For example, if a business creates a new job with a salary of $25,000, that business would be eligible for a $3,750 tax credit. This proposal creates a measurable way to create jobs and offer tax relief to entrepreneurs.
Why provide a tax credit? Because every new job is a economic stimulator. Each new employee spends money in the local economy. Creating jobs has a multiplier effect as the money that employees spend works it's way through the economy.
My campaign is focused on tax relief, jobs and economic growth. These aren't empty words. Our middle class families need help, not rhetoric. I have a plan of action, and I will work to make this a reality.