4:09pm

Fri May 24, 2013
Business

Cuomo's tax-free zones draw mixed reviews

Originally published on Fri May 24, 2013 4:02 pm

Governor Cuomo has been traveling the state promoting a plan to allow new businesses to go tax free for up to a decade if they locate near a State University campus.  The plan, which is yet to be drafted into bill form, has raised some questions.

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12:30pm

Fri May 24, 2013
Climate

Taxpayers bearing the brunt of climate change costs

Credit National Resources Defense Council

The impact and severity of weather events like the tornado that hit Oklahoma City earlier this week are increasing due to a changing global climate, according to research from the National Resources Defense Council (NRDC).

“We get more extremes everywhere, so really it’s climate disruption, the term global warming is not really the best term to use because what we’re seeing, and what we’re expecting to see from all the models, is a lot of extreme events. Not per se the number, but the extremity of them,” says Laurie Johnson, chief economist for the NRDC’s climate and clean air program.

And, she says, more of the related economic fallout from these disasters is being carried by taxpayers.

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7:16am

Fri May 24, 2013
Food

Upstate farmers get innovative to access major food markets

  • Sarah Harris asks whether upstate NY farmers have access to the major markets in the big cities.

Most of the time, Eric Andrus is a beef and rice farmer. But lately, he’s learning to be a boat builder. On this day, he’s in the barn, sanding the hull of a big wooden barge.

“We’re about to apply the second layer of plywood,” Andrus says.

Andrus lives in Ferrisburg, Vt., near Lake Champlain. This fall, he plans to load up the boat with potatoes, grains, honey, apples, beans, and maple syrup, all produced in the Champlain Valley, and sail to markets further south. It’s called the Vermont Sail Freight project.

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1:20pm

Thu May 23, 2013
Business

Senecas last holdout in casino negotiations with state

Credit Daniel Robison/WBFO
Seneca Casino, Niagara Falls

In quick succession, the State of New York has reached agreements over casino rights with two Native American tribes: the Oneidas in Central New York and the Mohawks in the North Country.  That leaves the Seneca Nation in Western New York as the last remaining tribe whose dispute with the state is still unresolved. 

"We're continuing to talk. We have two out of three," Governor Andrew Cuomo said.

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6:30am

Thu May 23, 2013
Agriculture

Corn and soybean prices driving up land values and farmer's tax bills

Smaller farms in upstate New York are being squeezed by the valuation mechanisms that peg taxation to land values.

One of those challenges is property taxes. Agriculture is a land-intensive industry, so rising property taxes can mean much higher costs for farmers. And taxes have been rising, thanks mostly to increases in the production value of farmland.

Behind John Peck, about 30 barn cats maneuver around – and sometimes under – 60 milk cows in his small barn. The Peck Homestead Farm, in the town of Champion in Jefferson County, has been run by the Peck family for about 200 years.

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