Cuomo Doubles Down on Permanent Property Tax Cap in Budget
Gov. Andrew Cuomo is doubling down on his vow to refuse to sign the next New York state budget if it doesn’t make the 2 percent property tax permanent.
The Democrat told an audience at a Long Island community center on Wednesday that there’s no way he’ll sign off on a new spending plan that doesn’t include a provision making the tax cap permanent.
A permanent tax cap is part of Cuomo’s approximately $175 billion budget proposal. It’s also included in the budget resolutions being voted on Wednesday in the Democrat-controlled Senate. But the Assembly, also controlled by Democrats, hasn’t included the tax cap in its one-house budget bills.
Cuomo says the 2 percent tax cap has saved New York property owners $25 billion since it was implemented in 2012.
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