RBA Newsletter, Al Samuels, Quoted in Important EPI Study
April 19, 2006

Dr. Aaron Yelowitz, Professor of Economics at the University of Kentucky, twice cites a story published on the RBA’s March 27th On-Line Newsletter in a recently published Employment Policies Institute study.

The study analyzes the potential impacts of the Working Families Party’s so-called “Fair Share for Healthcare Act” on New York’s labor market. He warns the $3 per work-hour tax could cost New York up to $9.2 billion dollars and over 69,000 jobs.

The RBA newsletter article “Controversial bill would require companies with over 100 employees to pay mandatory $3 an hour in health care” receives the first and eighth citation in his study. The eighth citation is a full quote from RBA CEO and President Al Samuels, which says, “There are many good health plans that cost about $3,700 a year per employee. At $3 an hour for a 50-week year, the cost of this tax would be $6,000. For a company with 100 employees that differential would be $230,000.”

When the act was proposed by Nicholas Spano (RC) and Richard Gottfried (D) in the New York State legislature, the RBA newsletter joined business publications across the State to warn of the effects such a law could have on the economy. We are flattered and enthused that a nationally recognized authority such as Dr. Yelowitz took notice of the Rockland Business Association’s response to this issue. We see this as evidence that Rockland’s voice is being heard on the national scene.

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