Tag: Property Tax

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

Governor Andrew Cuomo's combined State of the State and budget message today included a promise to make permanent the historic property tax cap enacted at his initiative in 2011. Read More

If anyone still thinks Gov. Cuomo is serious about addressing New York’s economic woes, two ideas he rolled out this week should put a quick end to that fantasy. Read More

While Cuomo called his plan a tax cut, critics said the credit would merely shift state income taxes to help defray local property taxes. "He's shifting more of the burden to the income tax rather than changing policies" that drive up spending, said E.J. McMahon, president of the Empire Center for Public Policy, a nonprofit think tank that promotes free-market policies. "You're also encouraging more localities and school districts to increase taxes to the tax-cap limit and they can say to residents: 'Don't worry, you'll get it back.' " Read More