OCT-09-2001 16:20 NYC LEG OFFICE 212 566 0925 P.04/04
Letter to Governor Pataki
page Three of Three
October 1, 2001
afford to do this?" To which we would
Some will ask, "Can we f a
economic
"Can we afford not to o it?" The casonvibranteasoNew
respond, titularly in a state
stagnant retail marketplace - p hard-pressed to meet even the
a
Retailers would be
York - are enormous. sales translate into
revenue forecasts. Lower
most pessimistic sales tax leading to diminished payroll
opportunities for new jobs -
lost jobs and
taxes.
s
the sales tax revenue
Statisticians can only guess at governments fe os
ar ae shthat
from the week. If state and local short-
g
might result would suggest
from the proposed economic stimulus, g-
or in part
term loss whole
those items reimbursable in
the program to the list of the federal government.
levels of aid from
by current and future
shoppers and visitors
normal times, New York's
Time and again during tax-free shopping periods.
states responded vigorously to
from other economic incentives that
the most popular and immediate
They're clearly temporary broad-based
government can provide to its citizens. The
state with confidence that
we propose today draws on that past success spectrum and
tax cut sustainable activity across the
immediate and
it will reap a sense of optimism
help return to New York State and New York City
will
that we so badly need.
and economic activity
discuss our proposal
Council are prepared to
All of us at the Retail with your questions
We urge you to call us
with you at your convenience. forward to hearing your thoughts on the idea
comments, and look
and your
we propose.
and your
individual thanks to you
Again, our collective and continuedunprecedented
State through
colleagues for seeing New York these t yes.
tim r
in pledging our
We join all New Yorkers
efforts to rebuild.
Sincerely,
James A. Quaremba
President and CEO
York State
Retail Council of New
TOTAL P.04
NYC-WTC 000137073
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NYC-WTC_000137073Source: NYC Law Department, mirrored locally
Comprehensive FAQ addressing downtown building access, reopening areas, property manager contact procedures, and building damage status in lower Manhattan.