Statement from Senator Jim Tedisco on Gov. Hochul’s Rebate Check Proposal
December 9, 2024
“Anytime the state is returning money back into the pockets of overburdened taxpayers is a good thing, but the economic woes New Yorkers are facing are based on systemic problems in our state that have been exacerbated by inflation. The Governor’s rebate check proposal, while a step in the right direction, is a band aid on a gushing wound that requires major surgery to heal.”
“I don’t believe the Governor is fully seeing the greater essence of the problem, which isn’t just about inflation. New York’s affordability crisis and out-migration of population, the largest in the nation, has been baked into our state government for some time due to overzealous state mandates, over-spending and over-taxing.”
“This can’t just be a one and done approach to providing tax relief. We need a more holistic approach to making our state more affordable. An example of that is capping state spending, much as we do for property taxes, and passing my ‘Two-Star’ legislation to double property tax relief for residents and eliminate property taxes for seniors to enable them to continue to afford to live in their own homes here in New York.”
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