As the New York legislature went home for the 4th of July holiday, Governor Chris Christie and the New Jersey legislature came close to a compromise on a proposal that will slow rising property taxes and reform what New Jersey residents have identified as their number one issue – property taxes.
Like New York, the Garden [...]
Judgment Day is coming… let your legislators know that we’re taking notice!
Property taxes in NYS are among the nation’s highest, and if taxpayers don’t get a break soon, we’ll see more and more people moving out of state. Contact your elected officials today and join Upstate in demanding a property tax cap NOW!
New York’s next governor can learn a lot from his colleague in New Jersey about how to make tough calls that will lower taxes and improve the state’s economy.
Unshackle Upstate agrees with our NYS elected officials that something must be done to lower property taxes. But we differ greatly on the solution – and think their ideas fall way short.
The Governor introduced a program bill that would both cap state spending and put in a property tax cap. That sounds like a great idea, but there are two flaws. The first: the Governor has proposed a cap on current spending, which we would argue is already far too high. That’s why we proposed that state spending be reduced to $109B by 2015. The second issue is that his property tax cap is based at 4% or 120% of the consumer price index (CPI). While 4% is predictable, it is, like the state spending cap, simply too high. We cannot continue to keep spending and taxes high.
