Proposed Cap Does Not Address New York’s Property Tax “Problem.”

June 15, 2011. A deeper look at the data used to support the proposed cap shows that New York’s real tax problem is that hundreds of thousands of low, moderate and middle income families are already paying inordinate shares of their income in property taxes on their primary residences. Only a middle-class Circuit Breaker can provide effective relief for these families in a targeted and cost-efficient manner. Analysis >> and Omnibus Consortium release >>

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