The long-awaited New York State budget has arrived, and while it may not have produced major headline-grabbing tax increases, there’s plenty beneath the surface worth unpacking.
In this episode of the SALT Shaker Podcast, Partners Jeremy Gove and Chelsea Marmor are joined by Ken Pokalsky, Vice President of Government Affairs at The Business Council of New York State, to break down what made it into the budget, what didn’t – and how the budget’s tax provisions will impact New York taxpayers moving forward.
Ken shares an insider’s perspective from Albany, exploring why this year’s negotiations stretched well past the April 1 deadline, how competing political priorities shaped the final deal, and why, in his words, the takeaway might be: “It could have been worse.”
The conversation also touches on early warning signs for next year’s budget cycle. And, of course, the episode wraps with a lighthearted debate on whether punctuality is overrated or underrated.
For questions or comments, email SALTonline@eversheds-sutherland.com. Subscribe to receive regular updates hosted on the SALT Shaker blog.
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