New Financial Initiatives of Karen Smythe: Taxes, Loans, Environmentally-Friendly Jobs
Karen Smythe is working for all the families and taxpayers of the Hudson Valley and pays attention to the urgent needs of the residents. She aims to give Hudson Valley residents the opportunity to improve their quality of life. Her previous steps in the area of women's rights and job creation provided significant support to the region. Now Karen proposes new initiatives to expand jobs and economic opportunities in the Hudson Valley.
Tax cuts for small businesses
This initiative stimulates the development of small businesses in the region. Small business development, in turn, opens up new opportunities for the residents. It promotes the creation of new jobs and develops the infrastructure of the Hudson Valley. This will make the region more liveable and give people the opportunity to work and become successful.
New financial products
Karen Smythe stands for partnership with banks, credit unions, and lending companies to improve the financial literacy of low-income people. This initiative affects economically vulnerable residents to support them in crisis situations. As Karen thinks, the introduction of new financial products, such as short-term payday loans, will help residents save the budget till their next paycheck.
One of the main advantages of these loans is that even borrowers with bad credit can get them to solve their financial problems. Lending companies usually do not provide hard credit checks. It allows getting financial support even if the resident cannot get it from traditional lenders.
Karen also stands for cutting the APR to make the interest rate more comfortable for Hudson Valley borrowers. This is also intended to increase aid for residents with a low income.
Promotion of environmentally-friendly jobs
A healthy environment is essential to a prosperous Hudson Valley. This affects not only the quality of life but also the health of the residents. In addition to preserving the Hudson River and protecting drinking water, Karen stands for creating more green jobs in the region.
Green jobs help limit gas emissions, reduce the consumption of energy and raw material, and minimize pollution. The promotion may be achieved through financial support for eco-friendly businesses and encouragement of any environmentally-friendly initiatives.
Affordable and high-quality health care
As high-quality health care is a basis of human rights, Karen firmly believes that it should be available to all Americans. Therefore, Karen supports the creation of a legislative framework to ensure that every resident of the region has the ability to access medical care. In addition, Karen stands for the creation of a universal single-payer health plan for New York State.