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Romaine gives tax breaks to lure NYC companies if Mamdani is elected mayor

newyork-newsBy newyork-newsAugust 4, 2025No Comments3 Mins Read
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Romaine gives tax breaks to lure NYC companies if Mamdani is elected mayor
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Suffolk County Government Ed Romaine

Ed Shin

Suffolk County Government Ed Romaine is overtly courting New York Metropolis companies, providing them tax breaks if Democratic nominee Zohran Mamdani is elected mayor.

Romaine, who has been vocal about his opposition to commuter tax and congestion pricing in NYC, made his place clear throughout an interview with John Catsimatidis on his radio present “The Cats Roundtable.”

To Catsiaditis’ remark that Florida is recruiting NYC enterprise house owners, Romane added that “Come to Florida is good but come on out to Suffolk County isn’t that far of a move.” The county government mentioned that if Mamdani wins, he’ll “approach business owners in New York City and offer them tax breaks.”

Mark Jaffe, President, The Better New York Chamber of Commerce advised the Press that he doesn’t discover Romaine’s stance stunning. 

“It’s obvious that if someone is going to raise taxes it will be advantageous to neighboring cities,” He mentioned. “Looks like the Suffolk county executive is taking advantage of it.”

Jaffe, nevertheless, is “not sure if Mamdani is going to be elected.” He insists that “we at the greater New York Chamber of Commerce and business community are very much concerned about getting a pragmatic mayor and Mamdani is an idealist. He is a Democratic Socialist.”

Mamdani received the New York Metropolis’s Democratic mayoral major with a 12 share level margin win in opposition to his opponent, former Gov. Andrew Cuomo. And a contemporary survey by Zenith Analysis and Public Progress Options exhibits Mamdani with a 50% favourability score to win the Mayoral election.

Romaine thinks that Mamdani “does not have the life experience and wisdom” wanted to realize “perspective on what works and what does not.” Whereas it highlights a rising concern of the enterprise neighborhood over Mamdani’s proposed taxation insurance policies, the Democratic nominee continues to realize favor from Jewish, South Asian and East Asian communities who consider in his imaginative and prescient to make town extra inexpensive.

The county government additionally mentioned what he referred to as unfavourable insurance policies which can be “driving people out of the city,” such because the congestion pricing toll when drivers enter elements of Manhattan and insurance policies such because the commuter tax that “undercuts and hurts our communities.” 

When folks journey to town they spend cash in eating places and different companies which provides to town’s income. However these insurance policies could have an opposed influence, Romaine mentioned.

The upcoming elections will definitively form town’s future, impacting neighbouring communities like Lengthy Island, which prides itself on being enterprise pleasant.

breaks businesses Elected lure Mamdani Mayor NYC offers Romaine tax
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