Racial Inequities in New York City’s Property Tax System
The Stoop (NYU Furman Center)
JANUARY 8, 2024
Our 2011 State of the City report serves as a primer, explaining how these property taxes are calculated and revealing the potential for ongoing inequity in the city’s tax system. This notoriously complex system, which varies significantly from the rest of the country, often adversely impacts low-income residents of color.
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