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Paladino wants repeals, cuts in NY business taxes

ALBANY — Republican candidate for governor Carl Paladino says he’ll work to repeal the capital gains tax and cut corporate franchise taxes, actions he said will lead to more private sector jobs.

Paladino released his plan Monday to cut taxes that he says are drowning businesses, stifling expansion and dragging out the recession.

He also called again for a debate on economic issues with Democratic nominee Andrew Cuomo, but none are scheduled.

Cuomo was set to discuss his jobs proposal Monday on Long Island.

Paladino says the state must stop relying on government economic development programs to create jobs. Instead, he says the state must remove the taxes and regulations that inhibit entrepreneurs.