Wednesday, December 18, 2013

Cuomo wants tax break for renters

From CBS New York:

State Gov. Andrew Cuomo has decided to support the minority position of his own tax commission when it comes to providing a property tax credit to renters across the state, with most of the break going to New York City tenants.

Including renters in his property tax-cutting plan along with home owners would strike a political balance that could get his proposal through the Legislature.

Cuomo’s commission supported his goal of reducing property taxes upstate and in the New York City suburbs, where residents pay some of the nation’s highest taxes. A Cuomo spokesman said Monday that the governor will also push a tax credit for renters statewide.

Cuomo said it is too early to say how much of a benefit renters could see in 2014, which is an election year.

15 comments:

Anonymous said...

Anything to get re-elected.
How about tax breaks for ponzi scheme players ?

Anonymous said...

Since when have renters been given a tax bill to pay?

Anonymous said...

Since when have renters been given a tax bill to pay?
...........................

B I N G O !

Anonymous said...

more tweeding to buy votes. Give something to 75% of the population at the expense of the other 25% is the way to win an election.


Not to mention, renters already benefit from property tax breaks. The less tax the building owner pays, the less he needs to collect in rent. So now renters will basically be able to double-dip. Enjoy the lower rent thanks to the owners lower tax costs, then take a second bite just for himself!


Queens Crapper said...

It would reduce their income taxes. Why is this so hard to understand?

Anonymous said...

Why do I get the feeling that Cuomo is trying his damndest to screw the soon to be mayor?

Anonymous said...

Why should renters get an income tax break?

Queens Crapper said...

Why shouldn't they? Developers get free land and lots of corporate welfare. Spread the love.

Anonymous said...

Crappy...so you are just another central planning schemer? Why cant you just let the free market work !!!!?!

Queens Crapper said...

Exactly. Let the free market work. Stop giving tax breaks to multimillionaire developers.

Anonymous said...

How about tax breaks for two family home owners who continually get shafted to pay for the ENTITLEMENTS to millionaire luxury condo dwellers, WHO PAY NO TAX.

Hah Cuomo, you piece of crap, you!

Anonymous said...

But owners don't.

Anonymous said...

Hell no, rent control beneficiaries should pay a property tax on the net present value of their hideous benefit

Sons of Liberty said...

Where are these lower rents in queens?? ghetto jamacia?

Anonymous said...

Where's Jamacia? Is that a new community?