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

Man accused of arson, burglary after fire at popular Finger Lakes spa

Fresh
fire

Peter Lewis is accused of setting fire Oct. 8 at Mirbeau Inn and Spa

in Local

Poll finds New Yorkers wanted charges in Eric Garner case

Fresh
Local_News41-620x400

Siena poll says 55% of New Yorkers believed indictment should've come against officers involved in Eric Garner's death

in National

Consumers can sue Target over data breach

Fresh
target

A judge has cleared the way for consumers to sue the retailer over the 2013 data breach.

in Local

Police: Scammers pretend to raise money for officers killed on duty

Fresh
IPD Car

Scammer pretends to raise money to help families of fallen officers; police say it's a scam

in National

Poll: Americans skeptical of commercial drones

Fresh
drones

Americans say they are skeptical that the benefits will outweigh the risks to privacy and safety.