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Gov open to "talk" about tax cap

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Gov. Andrew Cuomo has put passage of a strict cap on local taxes at the top of his administration's agenda. His plan would limit school and local government property taxes to increases of 2 percent per year.

There's pushback, as schools and municipalities consider the consequences -- especially if the cap is not accompanied by a loosening of state mandates, as promised. Martha Foley has more.

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Martha Foley
News and Public Affairs Director

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Governor Cuomo says he may be willing to soften some of the provisions of his property tax cap proposal, which calls for a 2 percent across the board limit on the growth of school and local property taxes.

Opponents of the tax cap — and even come supporters — say the strict 2 percent limit can’t work without significant mandate relief , which has not yet been agreed to.

Cuomo, has made the tax cap a top policy priority for the year.  Speaking yesterday in the Buffalo suburb of North Tonawanda, said he’s willing to talk about some changes to his plan. “My idea is and my plan is the best,” Cuomo said, “but am I open to talking? Yes.”

Senate Republicans have approved the 2 percent cap, but some have expressed doubts.  Assembly Democrats have not yet passed a tax cap.  Speaker Sheldon Silver has predicted a cap will pass in his house, with some modifications.

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