Sheldon Silver yesterday seemed to be sticking a poison pill in the fine print.
by E.J. McMahon 5/25/11 New York Post
If Silver insists on a hard expiration date for the cap, the governor will need to start again.
Silver and his allies in the state's teachers union were always seen as the chief obstacle to passage of the most popular initiative of the highly popular new governor. But hope resided in the coming expiration of New York City's seemingly perpetual but legally temporary rent regulations, last renewed in 2004.
The two issues -- a cap on property taxes outside New York City, and price controls applying mainly to apartments within the city -- obviously are unrelated. But since the renewal of rent control is a top Silver priority, it seemed likely all year that their fates would be linked in the end.
Sure enough, with the clock ticking on an as-yet unfinished rent-regulation deal, the speaker on Tuesday introduced his own tax-cap bill -- matching Cuomo's priorities in almost every significant respect.
Cuomo has been insisting all along on a broad, tight and permanent cap -- like the one passed by the GOP-controlled Senate in January. And the speaker's changes to the governor's basic tax-cap structure are relatively minor.
Read more: http://www.nypost.com/p/news/opinion/opedcolumnists/poison_pill_for_the_tax_cap_lOdioQZXBPSedtxkzveoTL#ixzz1NTrcZRYE
No comments:
Post a Comment