Lalor Praises Cuomo Veto of Corporate Welfare for Video Game, Music Industry, Encourages Him to Reduce or Eliminate Other Subsidies

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.

โ€œGovernor Cuomo deserves credit for his decision to veto this wasteful corporate welfare,โ€ said Lalor. โ€œCorporate welfare is a form of central planning, undermining the free market and free enterprise. Governor Cuomo should also reconsider his support for New Yorkโ€™s 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 weโ€™ve 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 doesnโ€™t 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