Spitzer’s Intriguing Tax Cap Hint by E.J. McMahon |

In a Long Island speech yesterday, Governor Eliot Spitzer suggested for the first time that he might be willing to consider a state-imposed cap on property taxes. If the governor is serious, it could be a turning point for heavily burdened New York property owners.

E.J. McMahon Testimony: Real Property Taxation by E.J. McMahon | Testimony

In my testimony today, I will not attempt to delve into the many issues surrounding the administration of the real property tax in New York. As this committee's other witnesses will attest, New York's current patchwork approach is both unfair and inefficient. The reliance on numerous local assessment districts, and the lack of a single assessment standard linked to a regular reassessment cycle, are glaring shortcomings of the system as it now exists.

Spitzer’s Proposed Budget Taxing on Business | Press Releases

Gov. Spitzer's proposed budget "sends the wrong signal to firms that might otherwise consider investing or expanding in our state" by raising taxes on some large corporations, E.J. McMahon of the Empire Center for Public Policy said in testimony before the Legislature's joint fiscal committees.