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47th District candidate Hennessy to announce jobs plan

Posted 10/28/10

Michael Hennessy takes his campaign to unseat 47th District Sen. Joe Griffo to Utica today, where he is announcing a jobs plan. The Democratic Oneida County Legislator says he would introduce his …

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47th District candidate Hennessy to announce jobs plan

Posted

Michael Hennessy takes his campaign to unseat 47th District Sen. Joe Griffo to Utica today, where he is announcing a jobs plan.

The Democratic Oneida County Legislator says he would introduce his plan in the Senate to stimulate job creation in the state.

“Of the many concerns of New Yorkers, I heard most often during my campaign stops was the failure of state government to create a climate that is conducive to creating jobs,” Hennessy said. “It has been a recurring complaint from all age groups.”

Hennesy outlined several points in his plan:

• "We must adopt Andrew Cuomo’s plan to provide a $3,000 tax credit for each unemployed person who is hired by a NY State business employer.

• "We must go beyond that proposal to make this incentive available to startups whose financial base is on solid ground.

• "Cuomo’s plan includes a reference to the problem created by our complicated and overly stringent business regulations. The codes need to be simplified and made reasonable so that employers are not looking over their shoulders each time they attempt to put a new idea to work.

• "New York should be a leader in alternative energy development by providing R&D tax breaks for businesses willing to invest energy modification.

• "The Empire Zones and other forms of development projects have not produced the desired results. A re-working of the development plan must encourage a concerted, cooperative effort by municipalities that eliminates competition for the same development projects, but rather provides a basis whereby communities complement each other in their efforts to attract and develop business.

• "As a gesture to indicate to businesses that the state appreciates their importance, the fees charged for the collection sales taxes should be eliminated.

• "Support the efforts of US Senator Kirsten Gillibrand. The Dairy Farm dilemma must be addressed once and for all with the development of a price structure that farmers can live with."

"Of course, my early endorsement of Cuomo’s plan to cap property taxes in itself will be an incentive that will provide businesses with additional resources with which to grow," Hennessy said.

“When it comes to attracting and keeping industry here, we have failed our children and grandchildren,” Hennessy said. “It’s time that we implement a real jobs program that will compete not only with other states, but with foreign countries as well.

Hennessy said that his proposal would make it attractive for existing businesses to expand and for startups to be encouraged that they can survive here. He said it would also create the potential for established companies to move here, rather than the other way around as has been the case too often.