Did you know...

• New York’s high tax burden is driven by local property taxes - not by state taxes.
• New York State's property taxes are 60% higher than the national average.**
• NY State's property taxes grew 60% from 1995 to 2005, more than twice the rate of inflation.**
• New York State property taxes are unfair.

  Lower-income taxpayers pay more, as a share of income, than do financially better-off taxpayers, because the taxes are based on property values rather than on income levels. The poorest 20% of New Yorkers pay 4.4%, on average, in property taxes. Middle-income taxpayers pay 3.5%. The wealthiest 1% pay 1.6% in property taxes.**

The Property Tax Reform Task Force believes that school property taxes are unfair and should be eliminated.

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