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Lower Taxes in New York State

December 2011 brought good news to many New Yorkers: the Middle Class Tax Cut and Job Creation Plan. Among other things, this Plan reduces income taxes to their lowest levels in over 50 years. In addition, the MTA payroll tax is eliminated. The Plan was passed in the hope of fostering private sector...

VC Investment Trends

According to an article in Crain's NY, most of VC investments made during the second quarter of 2012 went to California companies. Out of $2.1 billion in total, only $30 million was invested in New York startups, whereas California companies received $1.45 billion. The total amount is an increase...