doesn’t it sort of violate “equal protection of the laws” for New York State to give tax breaks for newcomers to compete against old-timers? Doesn’t that create an unlevel playing field for business? Suppose I own a restaurant & a new guy moves in next door to me using that new tax incentive from governor Cuomo & he competes against me, but he pays no tax for 10 years, whereas I pay the tax. In ten years of tax favoritism, won’t he use that tax advantage to put me out of business? He could afford to hire away my best staff workers by paying them more...or drop the prices below mine using his tax advantage...no?
New “immigrants” get that break for their businesses from the Feds. :(