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I've been seeing commercials down here in FL (mostly on FNC) advertising what the commercial calls "The New New York State". The commercial highlights the new technology businesses and new small businesses in general. One gets the assumption from the commercial that NYS has been offering tax breaks to promote new business. My question is this: Is the commercial overhyping new business development in the state? Or are things finally beginning to turn around economically in NYS. Is the Cuomo administration really trying to lure new business with tax incentives? From an outsider viewpoint with native NY roots, it seems that NYS has never offered tax incentives on a large scale before. Is this the beginning of something good? Or, will this fizzle out in the end? While I would be hopeful, I would think that unless the tax incentives are really generous and long-lasting, it wouldn't be enough to lure enough new business to bring NY back to its heyday.
I remember those commercials while I was NYC for a year. They even showed an areial shot of a suspension bridge there implying that New York state is the new San Fransisco/Silicon Valley LOL
We can only wait and see how this all pans out but I wish them luck!
I remember those commercials while I was NYC for a year. They even showed an areial shot of a suspension bridge there implying that New York state is the new San Fransisco/Silicon Valley LOL
We can only wait and see how this all pans out but I wish them luck!
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