Gotham Gazette

The Place for New York Policy and politics

tax rate

tax rate

  • The Numbers on NYC's Property Tax Non-Problem

    city limits tax rates graph


    When Mayor de Blasio arrived in Albany on Tuesday, he had a lot to talk about: aid to CUNY, cost-sharing for Medicaid, mayoral control of the schools and more. Instead, upstate lawmakers wanted to talk about a property tax cap. New York City is the only place in the state that doesn't have one, and apparently that irks Republicans.

    The property tax is one of the few revenue lines that the city controls on its own. If it wants to raise other taxes, like the income tax, it has to go to Albany for approval. That fact is probably not

    ...