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Assemblyman Buchwald Speaks of Revitalizing Westchester’s Economy

State Assemblyman David Buchwald discussed the need to grow Westchester's economy at a business summit in Lake George.
State Assemblyman David Buchwald discussed the need to grow Westchester's economy at a business summit in Lake George. Photo Credit: Courtesy of NY State Assembly

MOUNT KISCO, N.Y.-- Assemblyman David Buchwald (D- Westchester) expressed the need to revitalize local economies in order to create good-paying local jobs and foster a more attractive business climate at a business forum in Lake George hosted by the Business Council of New York State.

Buchwald pointed to his record of working with the business community to support economic reforms and entrepreneurial innovation across New York State, particularly in the areas of science and technology as well as his experience as an economist and practicing tax attorney during his speech.

Buchwald also discussed a number of provisions that benefit businesses and families in Westchester and across the staten including:

  • phasing out a utility surcharge and reforming the Unemployment Insurance and Workers’ Compensation systems to help businesses lower costs
  • providing tax credits to businesses that hire military veterans
  • providing tax cuts to manufacturing businesses
  • renewing support for youth employment
  • extending the lowest income tax rate in 60 years for middle-class families.

“Families in Westchester County and throughout our state have been waiting far too long for an improved economy that offers good-paying jobs and promising opportunities,”  Buchwald said in his speech. “We need to fully and immediately eliminate the utility surcharge, reduce unnecessary regulations and find new ways to help families save money by reducing their tax burden.”

Buchwald also said the state should review the tax code and look for any reforms that can help continue alleviating the heavy tax burden placed on businesses.

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