Thursday, January 26, 2017

Farmers Seek Expanded Tax Credit to Offset Minimum Wage Hike

 

With Gov. Andrew Cuomo having “clearly moved on” from further adjustments to the minimum wage, New York farmers are urging state officials to include in the budget an expanded tax credit they say is crucial to offsetting increased labor costs.

In outlining its legislative priorities Wednesday morning, the New York Farm Bureau announced it will seek a $500 tax credit per employee, double the credit for this year, to help offset costs associated with the increasing wage.

The minimum wage now sits at $9.70 per hour upstate and is set to continue increasing to $12.50 by 2020. On Long Island and in Westchester County, the wage is $10 and is set to hit $15 by 2021.

“The governor has clearly moved on on this,” Farm Bureau Public Policy Director Jeff Williams said during a conference call with reporters. “I don’t think there’s any way we can walk back the minimum wage increase. But there are ways we can control other costs and reduce other costs to offset the cost of the minimum wage.”

“We believe we pay very well, but to artificially increase minimum wages in New York state, when we fully implement Pennsylvania’s minimum wage will be half of what New York state’s is,” he added. “We just simply can’t compete with other states.” 

Click here for the full article. 

Source: timesunion.com (via The Empire Report)

No comments:

Post a Comment