STATEMENT
PARTNERSHIP FOR NEW YORK CITY
New York, New York
December 6, 2011
Leaders of the Partnership for New York City Respond to the State's Tentative Tax Reform and Economic Development Agreement
Partnership Co-Chairs Kenneth I. Chenault and Terry J. Lundgren and President & CEO Kathryn Wylde offered the following statement in response to the tentative deal reached by the Governor and the leaders of the legislature:
“We applaud the proactive effort of the Governor and legislative leaders to get ahead of the budget crisis and offer a balanced plan that continues to reduce state spending. In particular, the decision to terminate the tax surcharge, reduce taxes for the majority of taxpayers and set up a tax commission intended to make New York State more competitive and affordable will send a message that Albany is serious about growing the economy and creating jobs.”
About the Partnership for New York City
The Partnership for New York City’s mission is to engage the business community in efforts to advance the economy of New York City and maintain the city’s position as the center of world commerce, finance and innovation. Through the New York City Investment Fund, the Partnership contributes directly to projects that create jobs, improve economically distressed communities and stimulate new business creation.