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New York

De Blasio promises property tax reform

Mayor Bill de Blasio (Credit: Getty Images)
Mayor Bill de Blasio (Credit: Getty Images)

The city’s property tax system is unfair, and if re-elected, he’d fix it, Mayor Bill de Blasio said Friday.

“I’ve said very clearly, this administration has moved a host of initiatives, and now it’s time for us to focus on this very big complicated issue of property tax,” de Blasio told WNYC. “And if the people continue me [sic] in office in November, we’re going to put together a process to reform our property tax system. It will be a very complicated process, it will probably take several years, but it will result in laws I will propose at both the city and state level to create more fairness and consistency in the property tax system and much more transparency.”

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De Blasio’s comments echo many previous commitments from his administration to reform the city’s “arcane” property tax system. However, he has not given a specific timeline, according to the New York Post. It appears that he plans to make tax reform a primary issue for his re-election campaign. [NYP] —Christopher Cameron

 

 

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Bill De BlasioPoliticsTaxes