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De Blasio Resists Efforts to Cap Property Taxes

New York state lawmakers are pressuring New York City Mayor Bill de Blasio to accept the same property tax cap that now applies to every other local government in the state.

From the Journal Times:

Appearing at a budget hearing Tuesday in Albany, de Blasio argued against the tax cap, saying his administration has found billions of dollars in savings and is committed to building financial reserves to prepare for the next economic downturn.

He says the state should not impose new restrictions on its largest city and greatest economic engine.

The state Senate voted last week to impose the 2-percent cap on New York City.

Click here to continue reading at the Journal Times.

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2 Comments

  • 1. yankel wrote:

    our elected official have to be called constantly on issues that affect us, they have to know that we are watching their votes. If it is as the Mayor says that the city has a surplus why should he care about a tax cap? This Mayer wants to raise taxes and spend,spend and spend our money on his leftist agenda.

  • 2. DeClasse' Intellectual wrote:

    The inevitable: left wing liberalism and raising taxes taxes and uncontrolled spending on items that in turn are out of control. Too bad they ignore history that you do run out of somebody’s else money–never stopped them before.

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