Share on FacebookTweet about this on TwitterEmail this to someone
Share on FacebookTweet about this on TwitterEmail this to someone

Mayoral hopeful Joe Lhota has a plan that I believe has merit for all New Yorkers.

His plan would reduce NYC’s share of the Hotel Occupancy tax from 5.875% to 5% and as such, might increase tourism. He then would eliminate the General Corporation tax for start-ups with no net income. In addition, he gradually would¬†phase out the 4% Unincorporated Business Tax. He also plans to undertake comprehensive reviews of the Property Assessment Systems and if possible lower property taxes.

In my opinion these are truly ambitious goals that are achievable under the right leadership.

We need more job creation and an environment where business can flourish. Lhota’s plans need to be considered. As he pointed out, we don’t have a revenue problem, but a spending problem. Now that needs to be looked into. And I feel Joe Lhota is the man that can do the job.

 

Frederick R. Bedell

Glen Oaks Village

 

Comments:

Join The Discussion



Related Stories
Jacob Riis Park lifeguards take top spots in USLA National Lifeguard Championships
Jacob Riis Park lifeguards take top spots in USLA National Lifeguard Championships
Identify this place in Queens
Identify this place in Queens
Popular Stories
Photos by Rene Carson for Museum of the Moving Image
Street fair in Astoria will take residents behind the scenes of movie production
Photo by Robert Stridiron
Man gets shot four times during a dispute in Woodhaven
Photo: Google Maps
NBC's 'The Blacklist' will be filmed at Bayside Milk Farm on Bell Blvd. next Tuesday
Skip to toolbar