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Economy

Supporting Suffolk’s Economy and Working Families

One of my top priorities is putting New York families to work in good-paying jobs. We must level the playing field by raising wages, protecting our unions, addressing unfair trade deals that put our workers at risk, and promoting Main Street over Wall Street. Suffolk County workers should make livable wages and have access to affordable health care, childcare, and other essential services. There is much that Congress can do to improve the lives of the average Long Islander. 

For too long, Washington politicians have put politics before our families. Their failure to act has hurt the most vulnerable in our local communities and hindered our small business owners and entrepreneurs from starting and growing businesses. I have heard loud and clear the voices of business owners here in Suffolk County, and I understand the challenges they face. I will fight for our local communities by creating grant programs to support entrepreneurs and small businesses and passing tax relief so our small businesses can grow.

We must fight to pass equal pay legislation and support the National Paid Family Leave Act, so no one risks losing a day’s pay to care for a sick child or loved one. And, if there’s one issue that is important in every corner of the 1st congressional district it is the availability of affordable childcare. Working families need the ability to pay for housing, feed their families, and save for their children’s future.

Rallying for New York Workers

Ensuring workers are safe in their workplaces, are able to make a real living wage, and can collectively bargain to improve their conditions are among my main campaign issues. In Congress, I will fight to:

  • Protect Collective Bargaining Rights through the Protecting the Right to Organize Act. 
  • Voting to raise the minimum wage to $15 per hour for all Americans
  • Solving the Multi-Employer Pension Crisis: I support the Butch Lewis Act, which would ensure plans remain solvent without cutting benefits for workers.
  • Equal Pay for Equal Work through the Paycheck Fairness Act 
  • Apprenticeship: I support The National Apprenticeship Act which would create 1 million jobs over the next five years by expanding registered apprenticeships to new industries and help underrepresented communities.
  • Outsourcing Accountability: Holding corporations accountable for shipping American jobs overseas

Supporting Small Business Owners

Small business owners are the backbone of America and of NY’s 1st Congressional District. They can count on me to support their success. As a Member of Congress, I will support:

  • Funding for Grants to Small Businesses: I will support funding for business development programs  for entrepreneurs from all walks of life. 
  • Advocating for Improvements to the Small Business Administration: more help, less red tape. 
  • Ensuring Students Can Fill the Jobs of Today… and Tomorrow: I will support funding for career and technical education programs and Registered Apprenticeship programs, which connect a skilled workforce with local businesses.

 

Lowering New York’s Unequal Tax Burden

I support the repeal of the $10,000 cap for State and Local (SALT) Tax deduction, implemented in the GOP’s 2018 Tax Plan, which has a hugely disproportionate impact on highly populous, high income, high -tax areas. Here are some key SALT statistics from the Rockefeller Institute of Government:

  • The enactment of the cap on the SALT deduction reduces income available to New Yorkers by increasing the amount of federal taxes owed.
  • If the 2017 SALT cap were eliminated, New York State’s economy would support 107,000 additional full-time jobs annually, on average, in the first seven years (2018–24). The employment losses are largest in the services, construction, and trade (wholesale and retail) sectors.

 

  • Total economic activity lost as a result of the SALT cap is estimated to be $14.4 billion to $24.5 billion annually.
  • The states that are most affected by the limit of the SALT deduction are those that annually contribute more to the Federal budget than they receive in program expenditures. In 2018, New York had the second largest increased burden as a result of the SALT deduction.*

 *Rockefeller Institute of Government

Eliminating the cap will provide much- needed relief to New York taxpayers, especially those living on Long Island whose property taxes are extremely high. I support the repeal of this cap through the Restoring Tax Fairness for States and Localities Act.

*Resources

https://rockinst.org/issue-area/salt-economic-impact/

 
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