NY State AFL-CIO and Community Groups call on Albany to Close Corporate Tax Loopholes

January 15, 2012

Labor leaders, including Mario Cilento - new President of the NY State AFL-CIO, joined with community groups from all over NY State in demanding that tax loopholes, which allow large corporations in NY State to evade their fair share of payng for the services that help make them successful, be permanently closed.

"Throughout this budget crisis working men and women have been asked to bear the entire brunt of cost cutting through lowered pensions, higher health care costs and wage freezes. At the same time many corporations fail to even pay the taxes they owe. We need to close corporate tax loopholes to infuse recurring revenue and end the vicious cycle of cuts to middle class families."