US News

MIKE TALKS JOBS TODAY

Mayor Bloomberg plans to use his State of the City Address today to propose a nine-point plan for creating 400,000 new jobs over six years, a top city official says.

“He’s going to talk about what we can do to help people through this,” said the official.

One step sure to be cheered is the elimination or reduction of the unincorporated business tax.

The 4 percent tax is an expensive irritant to the business community since small-biz owners pay it on top of the personal-income tax.