As the state legislative session draws to a close, Gov. Cuomo and the state Democratic Committee are launching an online media campaign to push for an extension of his landmark property-tax cap. It’s easy to understand why: Unlike many highly touted policy reforms, the tax cap’s actually working. Which is why it should be made permanent. Read More
Tag: Property Tax
In 2011, New York enacted a on annual local property tax levies. A revealed that school property taxes have grown at an average annual rate of 2.2 percent per year in the four years since the cap was created, down from 6 percent per year in the thi Read More
The tax cap is working to slow the growth of school taxes, the Empire Center for New York State Policy announced Wednesday in a report analyzing tax levy increases statewide before and after the state imposed the cap. Read More
It's safe to say that few Capital Region residents split their time between an upstate residence and a rent-controlled apartment in the five boroughs. So with just 11 days left in the legislative session, should the citizens of Albany, Niskayuna or East Greenbush be concerned about housing policy in New York City? The short answer: You bet. Read More
Almost three-fourths of New Yorkers agree that the property tax cap "has accomplished what was intended" and "should be continued," according to a Siena Research Institute poll released this morning. But support climbs even higher when respondents in New York City—which was not affected by the property tax cap law—are excluded. Read More
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