State earns 'F' in taxes Patchwork property tax system gains lowest rank from big business group By RICK KARLIN Capitol bureau Published 12:00 a.m., Wednesday, July 27, 2011
ALBANY -- Everyone knows New York has the nation's highest property taxes.
But it gets worse.
The state also has the nation's most inefficient, confusing, unfair and generally unworkable system for collecting and administering property taxes, according to a study.
The Empire State ranked last in a survey by the Council on State Taxation, which gave New York the only "F" grade, just ahead of Delaware, Illinois and Pennsylvania.
But the cap, combined with New York's disorganized assessment system, could lead to misunderstandings.
Not everyone realizes the cap is on the levy, or total amount of money raised within a given tax district, said E.J. McMahon, director of the Empire Center for New York State Policy, a fiscally conservative think tank. It made note of the tax survey on its blog The Torch (www.nytorch.com).
That means the amount paid by a property owner could rise or fall more than 2.5 percent depending on how it compares to assessments in the rest of the community.
The cap will likely highlight such variations, McMahon said.
EXACTLY what I have said already on these boards. And the dems in the city with their exemptions to all the rich downtown will cause the tax BILLS for the HOMEOWNERS to rise SUBSTANTIALLY more than 2%
And of course the cheerleaderss user names for high taxes on the homeowners have not responded to disprove anything I've said on this subject. Of course, the one lone cheerleader is not a taxpayer anyway and of course would not understand
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
Look, face it- start planning to get out as soon as you realistically can. When the parents die, the kids finish school, whenever you can formulate an escape plan, join the millions of successful people who escaped from New York before they joined the majority of New Yorkers as wards of the state. We can all do it too, if we are able to plan it.
There is no hope. Period.
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
The taxes are high in ny, in part due to the fact that there are more 'public (taxpaid) jobs' then there are private sector jobs. The remaining folks are on the lucrative 'hand out plan'!!
Oh and now nys, that claims they are broke, found some extra $$$$ to give air conditioners away!!! wth?
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler