November 12, 2009
New York Post Editorial Cites Tax Foundation Property Tax Data
By New York Post Editorial Board
As Gov. Paterson and legislative leaders meet today to tackle a multibillion-dollar budget shortfall, they should note a new report's warning: New Yorkers are fleeing in droves -- and it's wreaking havoc with the public fisc.
The report, by the Empire Center for New York State Policy, shows that some 1.5 million people left the state between 2000 and 2008 -- including 1.1 million from New York City alone. ...
A study last month from the Tax Foundation shows just how onerous: It said real-estate taxes (for starters) in several New York counties are among the highest in the nation.
And a foundation report yesterday showed that homeowners in some New York counties -- like Westchester, Nassau and Suffolk -- pay more than anywhere else in America, even after accounting for their higher incomes.
