In the wake of the new New York State budget deal—which includes $1.4 billion in new taxes and $4.6 billion in overall taxes this year—downstate legislators are now looking to tax your recreation.
Under Senate Bill S.4420, taxing authorities would be permitted to value golf courses on their “highest and best use,” rather than their actual use. Under this bill, taxing jurisdictions could assess existing golf courses as if the property was full of multi-million dollar mansions, not just fairways and greens.
It was bad enough that this year’s budget included taxes on things such as groceries and medicine; now some of these same people who enacted those taxes, want to tax the ability of hardworking New Yorkers to relax and have fun.
If this bill is enacted, the small business owners and families who operate golf courses in Central and Northern New York will, at the very least, be forced to offset the higher taxes with increased prices. Given the condensed playing season due to weather conditions, many golf courses already operate on razor thin margins. Any sizable increase in fixed costs, such as higher tax bills, could potentially force them to close up for good.
In addition to the possible closure of golf courses across the state, this bill could also leave hundreds of New Yorkers unemployed, and damage the bottom line of the numerous local charities that depend on golf tournaments to raise critical funding.
Repeatedly, I have called on New York State to become a place where small businesses can succeed. It is clear when bills like this come across my desk, that the success of our small, family businesses is just not a priority for some of my colleagues. It seems they care more about squeezing every, last dollar out of our already overburdened, hardworking families.
We need to make sure New York State is doing everything it can to make it easier for small businesses to succeed, create jobs and strengthen our economy. This bill goes against each of these goals and moving forward, I will continue to encourage my colleagues to stand up for small business owners by rejecting this measure.