Wednesday, June 4, 2008
PROPERTY TAX RELIEF
“By recommending the adoption of a real property tax cap, the State Commission on Property Tax Relief has confirmed what countless overburdened homeowners, small businesses and family farmers have known for years: property taxes in New York have reached a crisis level. Our state’s dubious distinction of having some of the highest property taxes in the nation is proof positive that these crushing burdens represent the single biggest threat to the quality of life for New York homeowners.
Our Assembly Republican Conference realized this years ago – and has been calling for a real property tax cap ever since. Some of the Commission’s recommendations mirror our ‘New York State Property Taxpayer Protection Act’ – Assembly Bill A.8775-A. Our initiative should serve as an effective starting point for any serious and substantive discussions on how our state can make achieving a real property tax cap a reality. Failure to enact a property tax cap before our Legislative session concludes on June 23 would send a terrible message to overtaxed homeowners being crushed in a painful ‘middle class squeeze’ of high property taxes, Thruway tolls, food and fuel costs.
I commend Governor Paterson and Commission Chairman Suozzi for their political courage in supporting a property tax cap. Our entire Conference will work with them in a bi-partisan, cooperative manner to achieve adoption of a much-needed, and long overdue, real property tax cap.”