Assembly urged to pass 2% cap on property tax hikes
By Michael Mroziak
Buffalo – A coalition of business interest groups, representing independent shop owners, realtors and even farmers, is calling on the New York State Assembly to pass a proposed 2-percent limit to property tax increases.
Brian Sampson, executive director of Unshackle Upstate, admits it may be tough to win the Assembly's support, because supporters will be up against New York City based leaders who are more accustomed to paying personal income taxes and not property taxes.
Others who may raise concerns about the property tax cap include school districts and local level governments.
The solution, Sampson suggests, is to tackle state mandates after the property tax cap is in place, so that New York can finally emerge from its reputation as one of the least business-friendly climates in the nation.