Wednesday, April 26, 2017

Politicians Sue City Over Racially Biased, Unfair Property Tax System

By Greg B. Smith

Politicians have complained for years that New York City’s system of taxing property is unfair and hurts lower-income homeowners and renters.

On Tuesday, an eclectic coalition of civil justice leaders, homeowners and landlords did something about it, filing a lawsuit charging that the system is also racially biased.

Tax Equity Now NY filed suit in Manhattan Supreme Court backed up by mountains of data collected by former city finance commissioner Martha Stark mapping out a disparity that hurts certain homeowners and renters.

“Despite decades of criticism and widespread agreement that the current system does not work, very little has been done to change the system,” Stark said. “Today that all changes."

Click here for the full article. 

Source: The New York Daily News (via The Empire Report)

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