"It's not surprising that they are looking to gut the cap," said E.J. McMahon, executive director of the fiscally conservative Empire Center for Public Policy in Albany. "It's having a real effect on their spending patterns, and they don't like it." Read More
Tag: Property Tax
There’s a key component missing from Gov. Andrew Cuomo’s plan to “cut” property taxes: It doesn’t cut them at all. Read More
Legislative testimony recommends permanently enacting property tax cap, among other reforms. Read More
Calling it the "major problem facing the state," Governor Cuomo announced a plan to reduce New York’s highest in the nation rate of property taxes for some homeowners. But the program was not received with open arms by everyone. Read More
E.J. McMahon joined LI News Radio host Jay Oliver to discuss Governor Cuomo's proposed property tax "circuit-breaker." Read More
If January is any gauge, the 2015 battle over New York tax policy should be a doozy. It's a fight guaranteed to be filled with the kind of horsetrading that will make this winter in Albany worth watching. The flurry of activity Wednesday, the d Read More
Gov. Cuomo’s combined State of the State message and Executive Budget rollout this week showcased the governor at his best — and worst. Read More
Gov. Andrew M. Cuomo Wednesday called for permanent extension of statewide "cap" limits that have held school-tax increases to record lows in recent years but did not reveal how much state-aid money would go to individual districts to help compensate for the loss in local tax revenues. Read More