Cuomo Launches Property Tax Cut Campaign [VIDEO]
ALBANY, N.Y. (AP) — Gov. Andrew Cuomo is trying to drum up support for his proposals to cut property taxes for residents in municipalities that meet spending targets he set.
The so-called “No Excuses” campaign announced Wednesday includes a new website, statements by some officials in support and links for contacting individual state legislators.
Cuomo proposes a two-year freeze on property taxes if local governments stay within a 2 percent tax-cap the first year and develop a consolidation plan with other local governments in the second year.
The Cuomo administration projects the program will cost $1 billion and save 2.8 million homeowners an average of $354 on their property taxes.
A coalition of groups came out against the plan Monday, saying it amounts to a tax break to the wealthiest homeowners at the expense of the needy.