By Maria Rocha-Buschel
Councilmember Keith Powers came out in support of City Council Speaker Corey Johnson’s relief plan for workers and businesses throughout the city that are impacted by COVID-19 that was introduced last week.
Johnson’s $12 billion relief plan, proposed last Thursday, includes a temporary universal basic income for all New Yorkers, unemployment protections for hourly and freelance workers, up to $250,000 to cover costs for impacted businesses, temporarily deferring fees for businesses and refunding business taxes.
“We’re calling on the city to take action to help our restaurant and bar industry,” Powers said of the proposal. “We mandated they had to close. It’s already a struggling industry and it’s the lifeblood of NYC. They’re dependent on that paycheck.”
According to City Council estimate, more than 500,000 workers and more than 40,000 businesses generated $40 billion in taxable sales last year and are among the hardest-hit industries so far in the COVID-19 crisis. These businesses include the hospitality industry as well as retail shops, performance venues, salons and other businesses.