250 Top Business Leaders Just Warned Cuomo: NY’s Tax Hike Proposals Will Have One Huge Consequence

Thanks to the recently-passed $1.9 trillion spending package, the state of New York is set to receive a whopping $23.5 billion in federal bailout money. But progressive lawmakers are nonetheless considering a slew of new business and personal taxes-prompting 250 top business leaders to pen an open letter this week warning that these punitive tax hikes could have drastic ramifications.