New York City is too expensive. As governor, I cut taxes for middle class. I cut the estate tax, I cut the corporate tax. And I passed something called the property tax cap for homeowners, which I want to pass in New York City, where your taxes are limited to no more than 2% growth per year. because homeowners are getting crushed. That would make a major difference. But you need state approval to do that, right? I passed it in the state. It exists all over the state. (12:13–12:25)
CLAIM
Asserts that he passed a property tax cap for homeowners limiting tax growth to 2% per year and wants to implement it in New York City.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
