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Noah Smith: Property tax burden in NYC should be higher relative to income tax

Noah Smith: Property tax burden in NYC should be higher relative to income tax
NYC property tax burden debated

Noah Smith, industry influencer, argues that apartment owners in New York City benefit from city-provided amenities yet the city shifts some of the tax burden away from property owners and onto those paying income tax.

Smith suggests that this arrangement may not be fair, and that a greater reliance on property tax could be more equitable for city residents.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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