Tuesday, April 22, 2014

Rick Perry challenges Andrew Cuomo to a debate « Hot Air

Rick Perry challenges Andrew Cuomo to a debate « Hot Air: "Texas Gov. Rick Perry has caught a lot of flak for his outspoken, out-and-about campaign to promote his state’s business-friendly tax and regulatory climate and convince companies from other (and usually bluer) states to move to Texas, particularly from California Gov. Jerry Brown (who so eloquently dismissed his efforts as “barely a fart“) — but it evidently can’t be that ridiculous of a strategy, because it looks like other governors are seeking to emulate his idea. I literally laughed out loud when I saw an ad promoting New York‘s ostensibly pro-business credentials on television this past weekend; true that Gov. Andrew Cuomo recently passed some corporate tax reform that included bringing the rate down from 7.1 to 6.5 percent, but that isn’t nearly enough to put New York into what I’d call the “attractive business destination” category. Taking the changes into account, the Tax Foundation moved New York from its spot as dead last in their overall business-tax climate ranking to merely third to last, just above California and New Jersey."

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