The company owned by billionaire Jeremy Jacobs Sr. is wrapping up a 15-year subsidy deal and looking for another 10 years of tax breaks to build new headquarters. The cost to the public treasury of these two deals could approach $20 million. Which begs the question: When is enough, enough?
Two Erie County towns–Tonawanda and Amherst–rank in the top 10 of courts in the state that collect the most fines. A data and map project from the The Post-Standard.
Gov. Andrew Cuomo’s tax commission has determined that corporate tax breaks totaled $1.8 billion last year. “If you eliminated all the credits, you could cut business taxes enormously for everybody,” one official told the New York Daily News.
Those upset by the prospect of Delaware North Companies receiving public subsidies to move into new office space are 13 years and some $4 million too late. The company has been receiving public assistance since it moved into its present headquarters at Key Center in 2000. Sales and property tax breaks, some of which continue […]
Jim Heaney of Investigative Post, in the first of a two-part series, counts the many ways Delaware North Companies and Uniland Development would reap tax savings from their proposal to build an office building at Delaware Avenue and Chippewa street. The assorted tax breaks add up to $12 million to $15 million and go well […]
Wealthy interests are driving the state’s education reform efforts, usurping veteran Education Department staffers. “It is unsettling to watch the dismantling of public education by inexperienced employees hired from a special fund,” one principal told the Albany Times Union.