I attended the Tax Cap rally today (July 29) where Thomas Suozzi, the Nassau County executive who heads the state Commission on Property Tax Relief, and Business Council of New York State Inc. CEO Kenneth Adams spoke along with Maggie Brooks and Sandra Parker.

You can read more about this tax cap proposal and read the full report at:  www.taxcapnow.org

One startling point: 1.2 million people have left NY State since 2000. And that creates an increased tax burden on the remaining population.

Mr. Suozzi repeatedly stated that this “cap”, while not a complete solution, was a first step to slowing the property tax increase.

Thomas Golisano made a presentation against this cap proposal. In his opinion, it will not address the problem. He believes that the 4% ceiling is far too high to be effective. See my Post below: “Tax Cap Meaningless” that agrees with much of Mr. Golisano’s position.

I briefly spoke with Mr. Suozzi after the presentation and expressed my concern that increasing the NY State Aid to Education simply shifts the tax burden from property tax to income tax.

He asked me what will happen to local school taxes IF NYS Aid drastically falls next year because NYS does not have any money? Our local property tax burden would obviously SKY-ROCKET. He stated that is one of the reasons why this tax cap proposal needs to be implemented.