What's The Data Point? Episode 21 -- $26 billion, with Martha Stark [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]
The property tax system in New York is complex and controversial. New York City will take in $26 billion in property taxes this year from resident and business property owners -- the largest single source of revenue that funds New York City government. But there are significant inequities in the system and there has been talk of reform for decades, but nothing has been done. While Mayor de Blasio has promised action in his second term, a group has formed to sue the city and state to compel them into changing the system. Martha Stark is a former New York City finance commissioner who is working with the group, Tax Equity Now, and she joined the podcast to discuss the system, its problems, the lawsuit, and possible solutions.
Listen to the conversation and let us know what you think: Ben Max of GG (@TweetBenMax), Carol Kellerman of CBC (@cbcny), and guest Martha Stark. Listen below or download wherever you get your podcasts!