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CARL PALADINO WILL FOSTER A STRONG ECONOMY

THAT CREATES JOBS FOR THE PEOPLE

Buffalo builder Carl Paladino is the only candidate for Governor who has created honest,

good-paying private-sector jobs. He is the only candidate who has created and maintaineda fiscally sound employment opportunity for New Yorkers. Since he began his careerforty years ago, his companies have grown, thrived and continued to hire, train andpromote employees in New York.

Carls goals are high but attainable and he is the only candidate with the know-how andexperience to create a New York State that is fiscally sound and open for business.

New York State operates the most expensive government in the United States. We spend$137 billion for 19 million people. Thats $7,211.00 per person or 60 percent more thanthe national median. Our per capita tax burden is also 60 percent higher than the national

average and yet our upstate cities are among the poorest in the nation. Our cost of doingbusiness is the second highest in the nation. Unemployment hovers around 9 percent.New Yorks crumbling toll roads and bridges dissuade commerce. We have the highestutility costs in America, prohibitive insurance costs, and Workers Compensation laws thatcause debilitating premiums.

So it is no surprise that New Yorks net job-migration loss is the worst in the US. Mostjob losses come from New York City, with many companies moving across the border toNew Jersey and Connecticut. With these losses comes a shrinking corporate and personalincome tax base and fewer dollars to expend.

Nevertheless, our elected officials continue to spend as if completely unaware of oursituation. They spend more than we bring in, forcing taxes higher and higher. Theyallocate funding to hire thousands of new State workers, growing a massive governmentwith no money to pay for it, with no concern for the taxpayers covering the cost. Stateemployee salaries keep rising while private-sector salaries shrink.

Expansion of existing firms was the primary cause of what little job growth we saw in theState. And we know that companies less than five years old create the majority of newjobs. So it only makes sense to strive to retain our existing employers and to lure small,young companies and entrepreneurs.

Other states are not our only competition. We are part of a global economy now and NewYork must be competitive with other countries as well. Existing firms will only stay andnew firms will only come when the cost of doing business in New York is advantageous.

New York State government will only permanently support job growth if we lower thesize of our government and its spending so we can reduce taxes, fees and over-regulation.Carl Paladino will create an atmosphere that helps private companies choose New YorkState for their operations and thereby increase our private-sector job opportunities.

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Carl is the only candidate who will put in the hard work and focus necessary to reduceour spending so New York can cut taxes to free up capital for our existing companies togrow and to attract small firms and entrepreneurs. He is the only candidate who willstrive to reduce utility costs, rebuild our infrastructure, institute tort reform and reviseWorkers Compensation laws to reduce employers insurance premiums.

Our businesses need a tax reduction and access to capital in order to grow. To help our S-corps, partnerships and LLCs, Carl will cut the personal income tax rate at every level.His plan to phase out over three years the Corporate Franchise Tax for manufacturers andcreative industries and to eliminate the minimum corporate franchise tax on all businessesstatewide would free up significant capital for reinvestment and job creation in high-paying jobs. This will also demonstrate to out-of-state or start-up firms that New York isa place where they can compete and thrive. Carl will develop a new investment tax creditfor manufacturers. Banks will be encouraged to lend a percentage of their deposits toqualified start-ups or incubating businesses through incentive programs.

To reduce New Yorks local property taxes, Carl will encourage local governments toadopt a uniform tax rate where commercial and residential property owners pay the samerate per thousand. This would lower that tax burden for commercial property owners,helping them to sustain and grow their businesses.

Simultaneously, Carl will cut $20 billion in NYs Medicaid expenses, 14 percent ofwhich will be eliminated from the counties burden so they can lower their rates. Carl willmake consolidation and cost-cutting experts available to train and assist localgovernments with lowering their expenses through appropriate consolidation of IndustrialDevelopment Agencies, school districts, sewer districts, water districts, highway andtraffic departments, sanitation departments (with ability to outsource competitively toprivate contractors), planning and codes departments, development departments, taxcollectors, assessment departments per County, local govern. Carl will encourage theconsolidation of villages, towns and cities, not by caveat but only by local referendum.

Carl will end the practice of the legislature pushing un-funded mandates down to thecounties that require local property tax increases.

New York State must simplify all zoning, permitting, and licensing processes so businessowners can spend more time and money growing their businesses rather than navigatingthrough each jurisdictions laws. Carl will reduce over-regulation as permitted by law.

In a Paladino administration, experts will scrutinize every program to find ways to reduceits size and scope. Government development efforts - including job subsidies, powerallocations and IDA programs - will be overseen by one State agency for comprehensiveand equitable job development. Anti-competitive and selective subsidies intended tosolely serve a specific developer or business will be discontinued. The SEQR process willbe simplified and time lines will be restricted.

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Carl will work to improve our sewer and water lines and other infrastructure, reduce orabolish surcharges and other fees and in some cases replace them with true user feescharging only those who use those State services. Carl will stop sprawl and make use ofour existing infrastructure.

Carl Paladino will also institute a policy of buy New York whenever possible onprojects funded by the State. Government bidding laws will be amended to favor NewYork companies. If their bid is within 5 percent of the low bid, the New York-basedcompany will be permitted to match the low bid.

Carl also proposes a job development program called the Dignity Corps to create apathway to employment for the extended unemployed. New Yorks able-bodied, non-exempt public-assistance recipients and those seeking extended unemployment benefitswould be required to enter the program. Others who are out of work but not Stateprogram recipients may voluntarily participate in the program.

Each Dignity Corps participant may access any of a number of available programs, allgeared toward guiding recipients out of public assistance and into self-reliant lives andcareers. Dignity Corps programs will be tailored to the needs of the individual recipients,focusing as appropriate on educational advancement, discipline, job skills, physicalfitness, health, and social skills.

Dignity Corps participants may choose to live at home or, in the case of rural programs,live in dormitory-style residences during their participation requirements. For live-inparticipants, the State will make use of under-utilized, State-owned facilities and retrainNew York State employees who would otherwise be part of workforce reductions tocounsel and train participants.

Participants of the Dignity Corps labor force will work on local government, hospital andother not-for-profit projects, maintain our State and local parks and help rebuild blightedurban centers. In return for participation in the Dignity Corps, recipients will receiveearned compensation, learn new skills that will guide them to fulfilling jobs, and gain theopportunity to earn a high school degree equivalent and/or points toward a highereducation degree. Participants will do so with the dignity of knowing they are productive,contributing members of New Yorks society.