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Spitzer says property tax cap is a "blunt instrument" but may be necessary (File photo)
Spitzer says property tax cap is a "blunt instrument" but may be necessary (File photo)

Property tax cap would reshape North Country economy

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One of the most anticipated parts of Governor Spitzer's State of the State address was his proposal to confront spiraling property taxes. Spitzer established a new bi-partisan commission that will search for answers to the problem, possibly including a cap on property tax hikes. But here in the North Country, property taxes fuel everything from local highway departments to senior health care and after-school sports. They also fund a huge percentage of high-paying jobs. As Brian Mann reports, a cap on property taxes would shift the foundation of the North Country's economy.

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Reported by

Brian Mann
Adirondack Bureau Chief

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