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Nov 26

2013

Subsidies in NY have doubled since 2010

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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.  

Posted 10 years ago

Nov 26

2013

Delaware North’s endless subsidies

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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 until its office lease expires in 2015, total an estimated $4.1 million. That’s not counting the $11.6 million low-interest line of credit Delaware North obtained from the city when it moved into its new quarters for a spell, until federal officials objected because the money[...]

Posted 10 years ago

Nov 25

2013

Subsidies aplenty for Delaware North project

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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 beyond what the companies are seeking from the Erie County Industrial Development Agency. Tomorrow, Investigative Post documents the millions of dollars of subsidies Delaware North has been receiving since 2000.  Check out WGRZ’s newscast at 6 p.m., along with a full story InvestigativePost.org and the[...]

Posted 10 years ago

Nov 25

2013

Education reform, Albany style

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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.

Posted 10 years ago
Investigative Post

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