Chad Lupinacci, the Republican, Conservative, Independence, and Working Families Party candidate for the New York State Assembly, 10th District, today outlined his plan to help jump-start New York’s sluggish economy.
“As I have visited thousands of homes in the Tenth Assembly District, residents have repeatedly identified the state of the economy as their top concern. Many of these residents are struggling to pay their bills. As your Assemblyman, I will work with my colleagues in both the Assembly and Senate to stimulate the job market to make sure that residents can continue to live and thrive on Long Island,” stated Lupinacci.
New York Works is a comprehensive approach to stimulate job growth and the economy. It includes the following proposals:
- Establish a program for new businesses that includes: (1) a fifty percent reduction in application fees for the first years; (2) eliminating business income taxes for the first year; and (3) reducing the income tax rate for years two and three;
- Offer a small business tax credit to those businesses with an income of less than $250,000;
- Tax credits for each new job created, with additional credits provided if the business hires someone who is currently unemployed or a veteran;
- Foster the growth of regional open access laboratories that provide work space, laboratory equipment, and supplies to displaced scientists, engineers, and inventors and graduate students to practice and hone their skills; and
- Increase funding to Long Island school districts to maintain existing jobs; and
- Create and encourage small business development in the 110 corridor.
“Creating and retaining jobs is my number one priority. I want to work to keep our young people here and not lose their talents to other parts of the state or country. My proposal will bring more businesses here, keep the ones we have, and reduce unemployment.”
Chad is a lifelong resident of South Huntington and a 1997 graduate of Walt Whitman High School. He is a full-time professor at Farmingdale State College and an adjunct professor at St. Joseph’s College and Hofstra University, where he received his B.A. in 2001(summa cum laude, Phi Beta Kappa), his J.D. from the Hofstra University School of Law, and his M.B.A. from the Frank G. Zarb School of
he 10th Assembly District includes the hamlets of Cold Spring Harbor, Dix Hills, Greenlawn, Huntington, Huntington Station, Lloyd Harbor, Melville, South Huntington and West Hills in the Town of Huntington as well as part of Farmingdale in the Town of Babylon.