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View Diary: Cuomo's Property Tax Cap is a terrible idea (26 comments)

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  •  you have hit the nail on the head (2+ / 0-)
    Recommended by:
    HeyMikey, neroden

    because others who find ways to skirt paying their fair share of taxes, regular people who don't have that access end up paying the bill.

    I don't know where in LI you are but I can tell you that when big box stores get put up they often get 25 year tax abatements. Your parents end up paying for things like that. When empty lot owners sit on properties and the like the local government seems to have little choice. But if they switched the property tax to the value of the land suddenly a whole lot more property would go into productive use. LI has definitely been poorly managed in this regard.

    •  Taxes on LI are very high and the (1+ / 0-)
      Recommended by:
      neroden

      North Shore because it is considered a good place to live is exorbident. They were one of the lower taxes in their neighborhood. Taxes on the Gold Coast house are more than the national average for salaries. Rents in the Hamptons go for 50K for 1 month, I wonder if the home owners claim all that rental income.

      If we all just stopped voting would they all just go away?

      by longislandny on Mon May 24, 2010 at 12:10:11 PM PDT

      [ Parent ]

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