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More free money give-aways. I'll pay taxes as an owner so renters can collect, great idea. This state will crash and burn hard eventually with all of its funny math.
More free money give-aways. I'll pay taxes as an owner so renters can collect, great idea. This state will crash and burn hard eventually with all of its funny math.
I believe he's proposing tax breaks for both renters and owners.
It doesn't say owners will stop getting their credits or will see an increase in prop tax. In fact it very clearly states the opposite here,
He would include renters in his property tax-cutting plan along with owners and strike a political balance that could get his proposal through the Legislature.
Mr. Cuomo's tax commission supported his goal of reducing property taxes upstate and in the New York City suburbs, where residents pay some of the nation's highest taxes.
Not quite sure how he intends to do this. It's basic math someone will have to pay more unless he's really counting on other revenues coming from somewhere? Who knows with Cuomo, he's a hard dude to read...
Don't believe it. Cuomo passed a 2% property tax cap, but the unions put so many holes in it that they turned it into Swiss cheese. Same thing is going to happen with this. NY is thirsty for revenues to pay for its giant welfare/union apparatus.
What is a tax break for renters? It's a giveaway, plain and simple. It makes zero sense.
I'm not sure why it's any different from a tax break for owners who are paying a mortgage? It's a tax break to subsidize housing costs. Why is only one a "giveaway"?
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