I’ve never been a fan of the New York governor. I guess it was subtle when I coined him “the poodle for the rich”. And so, no surprise, he’s giving out goodies again.

Courtesy of Citizens for Tax Justice on the poodle’s new plan:

Touting the plan as a way to revitalize the upstate economy, the Governor claims the free pass on taxes would “attract start-ups, venture capital, new business, and investments from across the world.” However, economists from across the political spectrum have their doubts (and so do we).

Professor John Yinger of Syracuse University said in response to Cuomo’s plan that: “In New York we have a dizzying array of tax breaks with no evidence they help, and now here’s a new version. You’d do much better improving our schools and infrastructure than giving tax breaks to businesses who would be in the state anyway.”