Late Night no laughing matter
Assemblyman James Tedisco, R-Glenville, is not laughing about a tax credit that could bring the "Tonight Show" to New York.
He recently highlighted a tax credit that is available to a talk or variety show that comes to New York after filming five seasons outside the state. There have been multiple media reports that the "Tonight Show" could return to New York with host Jimmy Fallon.
If the move happens, Tedisco said the state would be giving away $5 million to make it happen, while the state budget is slashing spending for people with developmental disabilities.
“The role of state government is to have spending priorities and protect our most vulnerable citizens in the state budget. Our priority should be looking out for families and people with developmental disabilities in communities like Ballston Spa, not giving taxpayer-funded handouts to support the lifestyles of the rich and famous in Beverly Hills,” said Tedisco in a statement.
Gov. Andrew Cuomo's administration sharply disagreed with the idea that this credit is a new carve out.
An administration official responded, “We’ve advanced proposals in this budget to allow New York to use an existing tax credit that will cost the state no extra money to lure jobs from other states, and also fix a federal funding issue that occurred while this guy was in office. To try and link these two separate issues is a cheap excuse to grandstand.”
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