Tax-Friendly Business Leaders

Andrew Cuomo’s new tax hike, which the state's big business groups are actually supporting, makes sense if you believe that the last few years have been an aberration, that it’s the two decades before that are “normal.” That is, Wall Street profits will soon soar again, year in and year out, just as they did in the ’80s, ’90s and early 2000s. But the evidence suggests Wall St. is in for a retrenchment and New York government needs to follow.