A broken system

JUNE 24, 2021 | by Howard Husock, E.J. McMahon | CITY JOURNAL

By Howard Husock and E.J. McMahon, includes “Sky-high property taxes add to the cost of living and doing business in New York. Over the past decade, Governor Andrew Cuomo’s cap on property-tax levies outside New York City finally has brought a measure of control to suburban tax bills. It’s time New York coupled property-tax limits with tax fairness—and joined other large states that require regular property reassessments at full market value.”

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