News

January 14, 2022

Say No to $250 Billion in New Taxes

Do you want to see New York State taxes go up by over 150 percent?  Neither do we. That is why your Chamber advocacy team is fighting to stop the state from moving to a single payer healthcare system. Do not confuse single payer with universal healthcare; it is not the same thing. Single payer is government run healthcare and New Yorkers cannot afford to pay for it. New York State’s single payer proposal would require $250 billion in new state taxes. New York State already imposes some of the highest taxes in the nation. Taxpayers simply cannot afford a costly state run health care system. Proposals like single payer are what keeps New York State one of the worst states when it comes to business climate. We will continue to fight this proposal and we will advocate for policies that reduce the burdens that the state has placed on taxpayers and employers.

Join the Realities of Single Payer, a broad coalition of employers, physicians, hospitals, unions and brokers and other groups that support universal coverage but opposes single payer healthcare. Because of you our voice is strong.

More about Single Payer

With the start of the legislative session, progressive legislators and advocates have made passage of the NY Health Act a top priority and we need your help.

The legislation would establish a one-size-fits-all government-run health care system, eliminating all private health insurance coverage in the state. It would increase taxes by more than $250 billion with the bulk of these costs borne by employers and would eliminate more than 160,000 jobs across the state. With less than 5% of New Yorkers currently lacking insurance, policymakers should focus on measures to provide coverage options for those remaining uninsured, not mandating the largest tax increase in the state’s history that will make the state a less attractive place to operate a business.

With a long road to economic recovery, New York State should not enact a massive new tax burden on our state’s small businesses. Unfortunately, the bill has enough sponsors in both the Senate and Assembly that it could pass this year. That’s why we need your help.

Over the last several years, the Capital Region Chamber, has been working with the Realities of Single Payer, a broad coalition of employers, physicians, hospitals, unions and brokers and other groups that support universal coverage, to educate policymakers about the problems with the NY Health Act. As the entities responsible for paying the bulk of health care costs for your employees, your voice is extremely important.

I’m asking you to join the Chamber as a member of the Realities coalition. Please consider adding your company’s name to the list of more than 150 organizations that share the goal of getting every New Yorker covered but are opposed to the NY Health Act.

For more information go to https://realitiesofsinglepayer.com.