New York State property owners are being taxed out of their homes. The Welcome Stranger Rule of assessing states that your neighbor who paid an astronomical amount for his home (in comparison to what you paid for yours) cannot be taxed on the amount he paid unless you are taxed on the equivalent basis. This allows assessors to increase the assessed value of your home (and your subsequent taxes) to reflect the neighbor\'s purchase price.
Furthermore, due to unfunded educational mandates by the state and federal governments, the school tax burden forced upon the property owners needs to be alleviated through a more equitable method, such as an income tax.
We propose a revision of the New York State Homestead Act to cap property tax increases at 3% per year as exists in Florida.
There are a number of sponsors of this petition:
Asociation of Families For Lower Property Taxes
P.O. Box 273
Saranac Lake, NY 12983
P.O. Box 605
Morrisonville, NY 12962
Taxpayers for Equity
P.O. Box 83
Cleverdale, NY 12820
The views expressed in this petition are solely those of the petition's sponsor and do not in any way reflect the views of iPetitions. iPetitions is solely a provider of technical services to the petition sponsor and cannot be held liable for any damages or injury or other harm arising from this petition. In the event no adequate sponsor is named, iPetitions will consider the individual account holder with which the petition was created as the lawful sponsor.