"We're sorry to leave, but New York state -- between property taxes, NYSEG costs, workers' comp -- it's about $150,000 a year extra to stay ..."$150,000 for 50 employees works out to $3,000/year for every employee!
Endicott Mayor Bertoni and other local officials tried to get Camco to stay with incentives.
"For every line item, it was as good or better than moving away." said Bertoni, noting that officials were willing to offer Camco additional power supply at municipal rates to expand, as well as various tax incentives tied to job retention.Maybe it is the "incentives" that is the problem. Businesses that are good for the community won't look for handouts because they know that "incentives" will raise everyone else's taxes ... and at some point, they will be paying for someone else's "incentive."
What ever the governor plans for Upstate, it is doomed to fail unless the cost of doing business in Upstate NY is brought into line with other states - - WITHOUT "INCENTIVES."