Not exact matches
There's also a
tax cut package that includes the distribution of $ 350
rebate checks to
middle class families with children, to be distributed shortly before elections, as well as small business
tax cuts.
Paterson's budget provided property
tax relief by delivering aid to municipalities, and included restoration of hundreds of millions in property
tax rebates for
middle -
class homeowners and $ 1 billion for upstate economic development.
But the way the deal was done — with a promise - busting
tax increase to help pay for an election - year
middle -
class tax rebate, and a minimum - wage boost coupled with a
tax cut for small businesses — was a vivid illustration of the genius and the expediency of the Andrew Cuomo method.
The Council has repeatedly called for more agency efficiencies and savings but has largely capitulated as they also advocate for funding their own priorities worth hundreds of millions, which is happening again this year, highlighted by Johnson's push for both Metrocard subsidies for low - income New Yorkers and property
tax rebates for
middle -
class homeowners (while de Blasio has been resistant to both).
The New York City Council has been pushing for temporary relief for lower - and
middle -
class homeowners in this year's budget, calling on Mayor Bill de Blasio to fund a one - time $ 400 property
tax rebate that would cost about $ 187 million in total.
The final budget, approved by state lawmakers on March 29, also extends the millionaire's
tax another three years; hikes the minimum wage from $ 7.25 to $ 9 over three years; and promises $ 350
rebate checks to most
middle -
class families with children in 2014.
Though not clear how many «
middle -
class» homeowners there are in a city where the median home prices even in Queens are well over $ 500,000, Johnson floated a $ 400
tax rebate for co-op and condominium owners making less than $ 150,000 a year, Crain's reported.
Tax incentives, exemptions from regulations, changes in zoning, amending building laws, even development fee
rebates would go a long way to incentivizing developers to build housing stock that would actually benefit
middle -
class Vancouverites — the very people being forced to choose between living on the outskirts of a city they work in or move away.