“By the city’s own estimate, the relief equates to around $120 per year for each of the city’s 220,000 small businesses,” the Alliance’s President Andrew Rigie said in a statement. "This is not even close to offsetting the skyrocketing real estate taxes, labor costs and other government mandates in New York City, as well as the proposed paid vacation mandate, which would be a more than $1.2 billion tax on small businesses.”