J. Philip's Westchester Real Estate Blog: Why Are the Taxes in New York So High? Part II

J. Philip Faranda is based in Briarcliff Manor, NY. His market covers Westchester & the Hudson Valley. In addition to owning his growing brokerage, he ranks in the top 10 out of over 7000 agents in the EAMLS for closed transactions each year since 2007. He has appeared on ABC World News, quoted in the NY Times, AOL, AP & many other media. He is also a Vice President for the Empire Access MLS. You can reach him at (914) 723-8900.

Why Are the Taxes in New York So High? Part II

I blogged recently on the incredible overlap of government and services in New York and how that redundancy adds to the tax burden of New Yorkers. In yesterday's Journal News, there was a special report on pensioners, that is, retired government employees who are allowed to legally "double dip" and get another government job. One retired Ossining, NY school superintendent with a $165,000 pension is allowed to hold the same position in the nearby Katonah-Lewisboro school district and collect a $235,000 salary, all on our backs. He's 65, so he also collects social security. I don't begrudge a good living to anyone, but this is wasteful and has a high opportunity cost.

The waiver in the law that allows this is intended to handle an emergency or hard to fill vacancy. Clearly, it is being abused. There are hundreds of cases like this in schools, county and state government, law enforcement and regulatory agencies.

You can read the entire article here:

http://www.lohud.com/article/2009902220343

We need more reporting like this. There has to be more transparency in how our tax money is spent, and those with their hand on the budget strings need to be more mindful that it is our money and we want it spent wisely or not spent. That is the only way that taxes will not spiral even more out of control than they already have.

______________________________________________________________________________

Subscribe to J. Philip's Real Estate Blog by Email

Active Rain members-Feed your mind.  

In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono

  • We Are Westchester County & Metro New York Real Estate. Reach Phil at (914) 723-8900.
  • J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service. 
  • I am one of New York's premier short sale REALTORS, serving Westchester, the Hudson Valley & Metropolitan New York.
  • Free MLS Search! Register for a Free Listingbook account and search the MLS like an agent. 
  • I am hiring agents. We offer outstanding support, marketing resources, and pasta. 
All content/images, unless noted, are the property of J. Philip Faranda & may not be used without permission
4 commentsJ Philip Faranda, Broker-Owner • February 24 2009 08:49AM

Comments

Good morning Philip.  Not sure I agree with you on this one.  it isn't that this individual is receiving money and not doing the work.  He put his time in.  The Katonah district needs a superintendant. He's 65 and been working forever, so? good for him no?

Posted by Miriam Bernstein REALTOR® New Orleans Real Estate (RE/MAX N.O. Properties) almost 3 years ago

Fine, let's defer his pension until he stops working. Fair? The law forbids double dipping, and the waiver that allows exceptions is abused.

There has to be more oversight on how taxes are spent.

Posted by J. Philip Faranda (J. Philip R.E. LLC) Westchester County NY almost 3 years ago

Hi Phillip,

Good point.  Unfortunately, the teacher's union is so strong in NY that any change to any policy concerning education is not going to happen.  I know, I taught in NY for 34 years. 

I am not living in Myrtle Beach where my property taxes on a $700,000 home are $1300 and my heating/air conditioning bill has never been over $140.  I was amazed at the low cost of electricity especially since it is generated the same way no matter where you live.  All those taxes at every level in NY add up.

Thanks for the post...

 

Posted by Linda M. Cataldo - Myrtle Beach Real Estate (Dock Street Realty) almost 3 years ago

I agree Phillip that is outrageous.  People will work the system if they are able to get away with it however...

Posted by Kathy Knight, BROKER, ABR, CRS, GRI, SFR Wilmington NC homes and beach homes (Intracoastal Realty Corp) almost 3 years ago

Participate



(optional)
What does the graphic say?