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Tax increases unavoidable in road to recovery (access required)

In an effort to recover from significant economic challenges brought on by the COVID-19 pandemic, New York state’s new $212 billion budget — signed by Gov. Andrew Cuomo this week — contains approximately $4.3 billion in new tax revenue, most of which will be generated from tax increases for high-income earners and corporations. New York is not alone in this plight, as states across the country grapple with difficult decisions in dealing with budget shortfalls created by the pandemic, and many are considering ...
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SunDensity, an optical coating producer, will be opening a pilot plant in Rochester early next year. Rochester is the perfect location for the start-up because of the extensive access to labs, facilities and universities that share expertise in photonics. (Photo provided)

SunDensity’s expansion in Rochester provides job opportunities (access required)

In an effort to recover from significant economic challenges brought on by the COVID-19 pandemic, New York state’s new $212 billion budget — signed by Gov. Andrew Cuomo ...