Governor Cuomo is starting a new push for his property tax freeze plan, while counties in the state say they have a better idea, which they say could result in lower property taxes in New York for even longer.
Cuomo has begun a new campaign, to promote his multi-part property tax freeze plan. It’s aimed at enlisting the aid of the public to help convince the legislature. A video features average homeowners and advocacy groups endorsing his plan.
“Lower our property taxes,” say various people identified as homeowners and standing in front of suburban looking homes.
Assembly Democrats were passing a one house version of the Dream Act, a bill to give college aid to the children of undocumented immigrants. They urged the Senate to follow suit.
Assembly Speaker Sheldon Silver, who calls the Dream Act a top priority, blamed opposition among Senate Republicans for the measure’s failure to advance in the upper chamber. And he says the break away Independent Democrats in the Senate, who are in a coalition government with the GOP, need to work to bring the bill to the floor for a vote.
Governor Cuomo’s plan to cut the estate tax is drawing praise from fiscally conservative groups, and condemnation from advocates for the poor.
Cuomo’s proposal would raise the threshold for New York’s estate tax from the current one million dollars to five and a quarter million dollars, which is the current federal rate of taxation. EJ McMahon, with the fiscally conservative think tank The Empire Center calls the levy the “death tax”. He says it’s about time New York got in synch with the rest of the country, where many states have already eliminated the tax altogether.
One day after President Obama touted the hydrofracking of natural gas as a “bridge fuel,” Governor Cuomo’s environmental commissioner says it’s “extremely unlikely” that permits for drilling wells will be issued in the next year.
Cuomo’s Department of Environmental Conservation Commissioner Joe Martens testified at a legislative budget hearing. The state has had a de facto moratorium on hydrofracking for nearly six years.
Governor Cuomo released his state budget Tuesday. The $137.2 billion dollar spending plan includes more money for schools , including a phase in of funding for universal pre-kindergarten programs. It would also freeze property taxes for two years, if local governments cooperate.
The governor’s budget ,which includes a 3.1% increase in school aid, a two year property tax freeze and phased in business tax cuts ,offers something for everyone in a year where Cuomo and all 213 members of the legislature are up for re election .