Financial 411: Weekly Business Roundup
May 27, 2011•5 min•Ep. 630
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Episode description
New York lawmakers have agreed to a cap on local property taxes after Governor Andrew Cuomo reached a deal with the legislature to cap local property taxes at 2 percent, or the rate of inflation — whichever is less. Local tax relief was one of the governor's big campaign pledges. But is this bill the game-changer he promised?
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