Tax Cut, Wage Hike Deals Unlikely In Albany’s Final Week

Law360, New York (June 15, 2012, 9:10 PM EDT) -- Battles over Republican-proposed corporate tax cuts and a furious countervailing Democratic push to raise New York’s minimum wage will dominate the state Legislature’s final week, but chances are slim that any major deals will be struck before Thursday’s scheduled final session, key Albany sources said Friday.

Republicans in the state Senate, who in recent weeks have launched a push for business and manufacturing tax cuts totaling more than $500 million over three years — and who have called a proposed wage hike to $8.50 per hour...
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