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They say inflation is down to around 3% but NYC raised my already high property taxes by 6%. No politician does anything about it or addresses tax inequality where million dollar properties in certain parts of the city get taxed much less than middle class homes worth well under a million dollars.
US inflated currency in the last few years.
Taxes should be up accordingly.
Their gas, employee retentions, construction, etc. are not shielded from the increases.
Of course- they could seek to curb spending, but good luck on that.
People used to and still complain about LI taxes and cops making $120K+. Now you get to pay for NYPD making $120K+ but get none of the good schools, non of the clean streets, very few of the normal people, homeless everywhere, third world traffic, and best of all the police don’t police because the city doesn’t let them.
property taxes are not as much a reflection of inflation as it is local spending ….
heck , those who remember the old poconos ads in every newspaper : WHY RENT WHEN YOU CAN BUY CAMPAIGN SAW what happens to taxes when spending goes off the hook .
monroe county which was the benefactor of the campaign saw taxes sky rocket as schools , hospitals and infrastructure had to be built . taxes rivaled long island after a while
so taxes are a local spending issue
Last edited by mathjak107; 01-27-2024 at 03:38 AM..
They say inflation is down to around 3% but NYC raised my already high property taxes by 6%. No politician does anything about it or addresses tax inequality where million dollar properties in certain parts of the city get taxed much less than middle class homes worth well under a million dollars.
Someone has to pay for Adams and democrats loony spending habits.
They say inflation is down to around 3% but NYC raised my already high property taxes by 6%. No politician does anything about it or addresses tax inequality where million dollar properties in certain parts of the city get taxed much less than middle class homes worth well under a million dollars.
The NYC Property Tax system is a convoluted mess for many reasons going back to the 1975 NYS/NYC fiscal crises.
property taxes are not as much a reflection of inflation as it is local spending ….
heck , those who remember the old poconos ads in every newspaper : WHY RENT WHEN YOU CAN BUY CAMPAIGN SAW what happens to taxes when spending goes off the hook .
monroe county which was the benefactor of the campaign saw taxes sky rocket as schools , hospitals and infrastructure had to be built . taxes rivaled long island after a while
so taxes are a local spending issue
I remember those ads in the NY Post and the NY Daily News. Turns out many of those homes were poorly built with cheap materials and poor insulation. What a surprise! They also used to advertise a 'planned rail link into NY Penn Station'. LOL! Planned for 75 years maybe.
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