ALBANY - It was not exactly a neutral audience. A meeting of state and private university leaders and regional economic councils would see their organizations prosper if the Governor's plan to attract business by establishing tax-free zones gets put in place.
"We know that businesses are attracted to low tax environments like plants are attracted to light," Governor Andrew Cuomo said. "It is that simple."
But if the plan to eliminate business, property, even income taxes for owners and workers in the special zones gets approved, then there would be less money to spend on state government or the rest of us would pay more, or both.