Governor Moves from Three Men in a Room to One Man Parlor
It is not a secret that New York is a challenging state in which to do business because of our high taxes and oppressive regulatory scheme. Some, but not all, of these policies originate out of New York City which faces different demographics and economic conditions than we do in Upstate New York. A big push this year by many NYC legislators has been to raise the state’s minimum wage. Under current law, the minimum wage is $8.75 an hour and it is set to raise to $9.00 an hour on December 31, 2015.