Update to property tax proposal

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Ralph Yozzo

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Feb 10, 2025, 7:15:49 AM2/10/25

to better...@googlegroups.com, Cassey McFadden, tax-payers-...@googlegroups.com, John Procida

See

this video walks through the history

https://youtube.com/shorts/I4GPp2ZMNVo?feature=share

It is very simple the current S7000A law has no income limits and strict growth limits.

They are proposing to reverse S7000A completely. To turn it on its head.

Their proposal will allow your taxes grow unlimited with no caps. And your exemptions are strictly limited by low income levels of $58,000

First of all the proposal should be to just keep what we have. To quote John Procida. "S7000A is a good law it just needs to include co-ops and condos"

John is one of the fathers of S7000A the property tax law that protects us

But if we must make any change then the exemption upper limit should be $500,000.

John discussing S7000A

I've included John on this email as well.

John we are honored to have you involved. Feel free to respond to everyone we have about 30 - 40 people on these email discussions right now.