Submitted by libananahammock t3_113rfbs in nyc
bkornblith t1_j8s17wg wrote
Reply to comment by [deleted] in 24 Middagh Street, Brooklyn Heights, New York. (1925 vs. today) by libananahammock
NYC has some particularly bad issues around property taxes —— https://www.bloomberg.com/graphics/2021-new-york-property-tax-benefits-rich/ that actually are totally different than the rest of the country.
drpvn t1_j8s1rmz wrote
This is the biggest injustice in the state of NY, and NYC especially, and little is said about itI and nothing is done about it.
bkornblith t1_j8s2lqs wrote
A lot has been said about it but I’d agree that nothing meaningful has been done. Getting from where we are to a better place is super tricky and no one has thoughtfully plotted out a path.
For example… people who bought a long time ago are living in nice Brownstones who if we raised taxes (as we should) would have to immediately move out as they can’t afford to pay. So should we immediately adjust taxes up and down…. Do we do change over a decade etc? There are a lot of complex questions that have to be thought about with a focus on what the middle class need… and Ofcourse none of that is happening.
drpvn t1_j8s31yn wrote
Wonks write a lot about it but I don’t hear much from politicians or even average people, who are tragically unaware of the issue. The thing where de Blasio pays under $10k annually on two houses worth at least $3.5 million is absolutely vomit-inducing.
bkornblith t1_j8s5w63 wrote
It needs a coherent simple story - and it doesn’t help that New York democrats are largely neolibs who don’t think this is a problem…
drpvn t1_j8s69ai wrote
I don’t have a big beef with neoliberals. I do have a beef with paying way more money than other people. That’s the story. Then it’s just a matter of comparing how many people who vote would stand to gain from reform to how many would stand to lose from reform.
[deleted] t1_j8s1jhr wrote
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