News

Cuomo: local minimum wages would disrupt economy

Cuomo: local minimum wages would disrupt economy

Photo: WHCU

Gov. Andrew Cuomo is opposed to letting individual municipalities set their own minimum wages and tax rates, as New York City Mayor Bill de Blasio wants to do.

Cuomo says “we don’t want to have different cities with different tax rates” or different wage laws competing among each other for business because it could “cannibalize” the state economy.

He tells the The Capitol Pressroom that states compete that way economically, but he doesn’t believe it would be “productive,” with each city trying to steal business from the others.

Labor and community advocates rallying in Albany say cities in California, New Mexico, Washington and Maryland have successfully used similar authority to raise their minimum wages and improve their economies and workers’ circumstances.

Albany lawmakers must sign off on de Blasio’s hopes to raise the minimum wage for city residents and for the centerpiece of his agenda: a tax hike on the rich to fund universal pre-kindergarten.

Copyright 2014 The Associated Press.

Recent Headlines

in Local

Winter Storm Warning issued for Sunday, Monday; up to 12 inches of snow possible

weather_alert_winter

Heaviest snow to fall late Sunday night, Monday morning

in Sports

Super Bowl: From humble beginnings to king of sports

12thma

From modest beginnings of cheap tickets and empty seats to $4.5 million for a 30-second TV ad, the Super Bowl is the undisputed king of U.S. sporting events.

in Local

Mesko trial ends with deadlock

gavel_court

A jury could not unanimously convict the former Cornell student on a charge of rape.

in Local

Cornell frat suspended for use of alcohol, illicit substance

cornell seal

Suspension comes after 2011 violations for Psi Upsilon frat

in Local

Tioga County man faces 17 years in prison for fatal stabbing

gavel_court

Douglas Every was convicted of manslaughter in connection with October 2013 stabbing