N.Y. Legislature Looks For Common Ground On Property Taxes

New York Gov. Andrew Cuomo appears close to getting one of his top legislative priorities for the year: a cap on property taxes. Cuomo and legislative leaders announced the tentative deal a few weeks ago, to the delight of business leaders in New York. But lawmakers have yet to vote on it. That's given hope to opponents of the cap, who say it will cripple poor school districts without providing meaningful relief to most homeowners.

Source: http://www.npr.org/2011/06/14/137182722/n-y-legislature-looks-for-common-ground-on-property-taxes?ft=1&f=1014

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