Assembly Speaker Craig Coughlin's plan to cut property taxes in half for seniors is a lot like the trick Lucy plays on Charley Brown in the comic strip 'Peanuts,' the one in which she asks poor Charley to kick a football and then pulls it away at the last minute.
Assembly Speaker Craig Coughlin, left, with Senate President Nick Scutari. Their plan for reducing seniors' property taxes by 50 percent could be reversed by the next governor or Legislature. Neither replied when I asked if either would support a constitutional amendment that would make those tax cuts permanent.This is a real “Lucy-and-the-football” moment.
The football in this scenario is a promise to solve the state’s property-tax crisis, in this case for senior citizens. The current plan put forth by Assembly Speaker Craig Coughlin partially corrects that flaw by mandating that those over 65 get a 50 percent break on their property taxes up to $10,000.major flaws. One is that it is a mere bill, as opposed to a constitutional amendment. That means that even if it were adopted, the legislature could rescind it the very next year.
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