Page 68 - FDI Alliance International Magazine | September 2018 1

GOVERNOR

ANDREW M. CUOMO

STATE OF

NEW YORK

The State of New York is governed by Andrew M. bilitating roads and bridges and rebuilding airports lowest manufacturers tax rate since 1917. While
Cuomo, New York is located at the southern tip of for the 21st century, New York is moving forward Washington leaves our middle class behind, New
the state. New York’s metropolitan area, one of the with a strong and bold projects across the state of York will continue to fight for our hardworking fam-
most populous urban agglomerations in the world. New York: A new Moynihan Train Hall; a 1.2 mil- ilies. Cuomo believes that New York must take dra-
lion square foot expansion of the Javits Convention matic action to preserve our state’s economy. He is
Governor Cuomo has a proven track record in en- Center; a new Kosciuszko Bridge, the first major putting forward a multi-part strategy for New York.
ergizing the state economy, New York State will ex- new bridge in the last 50 years; new train stations in
pand its already-successful Downtown Revitalization Niagara Falls, Rochester and Schenectady; a $6.6 Governor Cuomo has directed New York’s econ-
Initiative with an additional $100 million, providing billion transformation of the Long Island Railroad; omy. Since taking office, New York’s economy has
up to $10 million for awards in each region. These and a MTA Capital Plan to bring New York City’s created more than 1 million private sector jobs, and
investments will ensure that communities have the subways into the 21st century. the State’s unemployment rate has dropped from
tools they need to boost their local economies and 8.3 percent to 4.7 percent. In the midst of economic
transform downtown neighborhoods. Governor Cuomo has fought to reduce taxes for growth, Governor Cuomo recognizes the urgen-
New Yorkers from day one. As of today, all New cy of preparing New Yorkers for the good-paying
Under Governor Cuomo’s leadership, New York is Yorkers pay a lower state tax rate than when Gov- jobs. On average, there will be nearly 362,000
moving forward with a $100 billion infrastructure ernor Cuomo took office, and the Governor has jobs opening over the next ten years, and Governor
program, the most aggressive and ambitious build- secured the lowest middle-class tax rate since 1947, Cuomo is dedicated to ensuring that New Yorkers
ing program in the country. From investing in reha- the lowest corporate tax rate since 1968 and the are prepared to fill them.

68 FDI ALLIANCE | SEPTEMBER ISSUE 2018