Assemblyman Kieran Michael Lalor (R,C,I โ East Fishkill) is praising Governor Cuomo for his decision to veto a bill that would have given the music and video game industries $50 million in corporate welfare.
โGovernor Cuomo deserves credit for his decision to veto this wasteful corporate welfare,โ said Lalor. โCorporate welfare is a form of central planning, undermining the free market and free enterprise. Governor Cuomo should also reconsider his support for New Yorkโs host of failed corporate welfare programs, including the Hollywood tax credits, Start-Up NY, the regional economic development councils and the Buffalo Billion. These programs put unqualified politicians and bureaucrats in charge of the economy. Corporate welfare leads to corruption, as weโve seen exposed by the Sony hacks and the Buffalo Billion. All of that comes at the cost of billions to taxpayers, while it undercuts the economy. Corporate welfare doesnโt work and I hope Governor Cuomo will take this opportunity to take a second look at all of the expensive, failed and corrupt corporate welfare programs across New York.โ
You must be logged in to post a comment Login