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Business Groups Want Permanent Property Tax Cap

Business Groups Want Permanent Property Tax Cap

A number of pro-business organizations want a permanent extension of the state’s cap on property tax increases in the new legislative session, a position supported by the Governor. The State Director for the National Federation of Independent Business (NFIB) noted: “Independent business owners risk it all to bet on themselves and create opportunity in every community across New York. Unfortunately, Albany often stacks the deck against Main Street job creators by regulating too much, taxing too often, and reforming too little.”

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