Streams

In Cuomo's tax reform package, sweetners for everyone

Monday, December 12, 2011 - 12:23 PM

A small and mostly overlooked item in the tax reform package passed provides another example of how the Governor aimed to give everyone a stake in the passage of the tax reform bill last week.

Among the authorizations was $1 million to keep a foreclosure program funded. The main proponent of the program has been Senator Jeff Klein who leads the Independent Democratic Conference in the State Senate.

“This was a good first step that will help keep some of these vitally important programs running as many New Yorkers enter the holiday season not only facing the prospect of losing the American Dream, but also facing limited options for help during  foreclosure process,” Senator Klein said in a statement.

Klein went on to advocate for the program's inclusion in next year's budget. According to his office, the program prevented more than $1.9 billion in lost property value and property tax revenue over the past two years.

Tags:

More in:

News, weather, Radiolab, Brian Lehrer and more.
Get the best of WNYC in your inbox, every morning.

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.

Sponsored

"The Capitol Pressroom" with Susan Arbetter at 11 am

For show archives, please visit The Capitol Bureau's website here.

About The Empire

Everything you need to know about New York politics and governance. We aim for a ground-up approach to politics, reverse engineered to make the effect just as important as the players and the game they play. From the Long Island to The Thousand Islands, New York City Hall to the Capitol Building, The Empire's got you covered.

Check out WNYC's 2013 Mayor Tracker--the one-stop shop for info about the candidates, issues and trends in the upcoming New York City mayoral election.

 

Our Reporters

Feeds

Supported by