I would eliminate the New York City income tax for families making up to 250% of FPL. That's about $77,000 for a family of four. I would also cap New York City homeowners property tax at no more than 2% a year or the cost of inflation. I passed this for the rest of the state because property taxes are a crusher for a homeowner and the increase in property taxes is a crusher. (13:06–13:15)
CLAIM
Asserts a proposal to cap NYC homeowners' property tax increases at 2% per year or the cost of inflation.
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.
