Paladino
ABC news says, "Republican businessman Carl Paladino would eliminate or cut taxes on manufacturers as an incentive to relocate and stay in the state, a new direction for economic development in a state that often refers to manufacturing only in historical terms." This means he will stay in a conservative way to try to get this New York's economy back on track. Paladino's plan includes scraping variations on targeted tax breaks that have been used for decades to help a single, eliminate capital gains taxes and corporate franchise taxes as a way to attract and retain manufacturers, from traditional auto industry companies to high tech producers of goods. His plan would save businesses - and cost Albany - about $1 billion a year.
Cuomo
"Cuomo, the former federal housing secretary, would end the long-criticized system in which a state agency run by government appointees award tax breaks to attract or retain employers. His system would create regional initiatives that focus on local resources." says ABC news. This statement implies that he has democratic views and provides different alternative ways of changing the economy. His plan will cost $1 billion a year also.
Based on the websites, I believe Cuomo's plan sounds better. This is because Paladino's plan is very conservative and i do not believe his plan will work. They both cost around the same per year and i think Cuomo's is better for the money.
Website:
http://abclocal.go.com/wabc/story?section=news/politics&id=7706620
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