Gang Mills, N.Y. —
U.S. Sen. Kirsten Gillibrand traveled through wind and snow Friday morning to announce she’ll seek to make permanent an annual tax credit that encourages innovation and research.
Gillibrand, D-N.Y., detailed the proposal during a brief press conference at Corning Inc.’s Sullivan Park research center.
Along with expanding the tax credit – which gives tax breaks to companies that invest in research and development – Gillibrand said she wants to make it easier for companies to obtain.
“With leading research institutions and cutting edge business, New York is poised to lead America’s high-tech economy,” Gillibrand said in the center’s atrium. “My number one focus is on creating good-paying, family supporting jobs.”
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Author: Jeffery Smith