McKevitt Calls On Assembly To Cap Property Taxes

New Yorkers remain the highest taxed residents in the nation
December 10, 2007
Assemblyman Tom McKevitt (R,C,I-East Meadow) today pushed for the Assembly to place a cap on the growth of property taxes. McKevitt’s demand comes on the heels of a report from the Citizens Budget Commission (CBC), entitled “Local Taxes in New York State: Easing the Burden,” which looked closely at the property tax system and what can be done to lessen the tax burden.

“Since I was elected to the Assembly, I have heard the same cries from residents,” said McKevitt. “They want their property taxes lowered. When we’re the highest taxed state in the country, it is easy to see why people are upset. The numbers are right there and they don’t lie. That is why we need meaningful property tax relief and that starts with a cap on the increase in property taxes.”

The Property Taxpayers Protection Act, legislation that is strongly supported by McKevitt, would implement a cap on property taxes. That is the only way to rein in uncontrolled spending and truly lower property taxes.

However, McKevitt understands that some districts have a higher need for services, so the legislation calls for the state to pick up unfunded mandates costing more than $10,000 annually, or $1 million statewide. In addition, the cap can be overridden by the taxpayers by a 2/3 majority vote if they feel that more services need to be provided, giving school districts and taxpayers flexibility.