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View Diary: Andrew Cuomo's "Tax Free New York" Proposal (106 comments)

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  •  Question about the public schools (8+ / 0-)

    Public schools are funded in large part by property taxes.  If you zero those out, you are destroying your revenue for education.  Is Cuomo planning to go "shock doctrine" on NYS schools?

    •  school taxes are separate. (4+ / 0-)
      Recommended by:
      joedemocrat, caul, PapaChach, deep info

      Cuomo never had my support. He's a poseur. There are Empire Zones that needed attention, and industries that maintain them while the actual manufacture left for China. (see Buffalo China) They got to keep their privilege by maintaining a warehouse. The crafts workers lost out, and so did the larger community. This was under Pataki, but Cuomo's new tax scheme reeks of just as much irrationality.

      Taxes in WNY are very high. School and county combined nearly $7,000 for a less than 200,000 house. Paterson wanted to cap taxes on property at 10% of income and that at least sounded somewhat equitable.

      If you really want to reward innovation let the inventors keep their patents like they do in Europe. Universities keep the patents (afaik) and that is the kind of thing that shifts the balance/ reward.

      The day is coming when a single carrot, freshly observed, will set off a revolution. Paul Cezanne Heads up! Al Gore 2016

      by MeToo on Sat Jun 15, 2013 at 08:24:46 PM PDT

      [ Parent ]

    •  Property Taxss Are A Terrible Way to Fund Schools (6+ / 0-)

      The property taxes in the NYC suburbs regularly run $15-20k per yr on not especially expensive houses.  That can be as much as the mortgage in some communities.

      We need to $$ to fund schools but property taxes are a very inequitable way to do it.  I am not sure what the answer is but we need a better way to pay for kids education.

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