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hrmjustin

(71,265 posts)
Sun Jul 13, 2014, 09:47 PM Jul 2014

N.Y.'s 'Open for Business' ads are closed to scrutiny

Joseph Spector, Journal Albany bureau

ALBANY – The state's ads touting New York's economy, tourism and business friendliness have been ubiquitous around the country for over a year. How much tax money is spent on the ads isn't as apparent.

For the past year, Empire State Development, the state's economic development arm, has delayed a Freedom of Information request by Gannett's Albany bureau that seeks details about the spending on New York's "Open for Business" marketing campaign.

Gov. Andrew Cuomo's administration and state legislators allocated $150 million over three years through the agency to market the state's business climate and tourism industry. The program was extended in the current fiscal year with another $50 million from the state Power Authority.

Late last year, Cuomo began a national ad campaign to promote Start-Up NY, which eliminates taxes on businesses for 10 years if they relocate to specified zones in New York, mostly surrounding upstate colleges. In March, the state revealed it spent $15.2 million in the prior three months of the Start-Up NY ad campaign, including $8.9 million in out-of-state markets.

http://www.poughkeepsiejournal.com/story/news/local/new-york/2014/07/12/nys-open-business-ads-closed-scrutiny/12583125/

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N.Y.'s 'Open for Business' ads are closed to scrutiny (Original Post) hrmjustin Jul 2014 OP
N.Y.'s plan for open for business ain't nothin'. New Jersey got one, too. Hoppy Jul 2014 #1
 

Hoppy

(3,595 posts)
1. N.Y.'s plan for open for business ain't nothin'. New Jersey got one, too.
Sun Jul 13, 2014, 11:06 PM
Jul 2014

Tubby gives tax breaks to businesses moving into the state or from one part of the state to another part of the state. The latest is one to a company to build nuclear reactors.

He also guaranteed a billion to build a new casino that is in the process of going bankrupt.

Meanwhile, the rest of the citizens get nothing.

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