The car tax has been in the news recently in Connecticut and Virginia, the only two states that levy it. It’s important to distinguish this tax, which is a property tax on actual cars, from a sales tax that affects the...
- Wall Street Journal Cites Tax Foundation Property Tax Data
Wall Street Journal Cites Tax Foundation Property Tax Data
By Shelly Banjo
Town Supervisor Joe Carvin wants to issue his own pink slip.
He's leading a charge to dissolve the Town of Rye, the 350-year-old municipality he's headed for three years. The town is the government version of a holding company, serving as a shell for the Westchester County villages of Port Chester and Rye Brook, and Mamaroneck's Rye Neck section.
Despite its $3.6 million budget, the Town of Rye doesn't provide any sanitation, health or police services; they are provided by the other municipalities and by Westchester County.
The town collects taxes, conducts property assessments and maintains two parks, a number of bridges and a court. It employs 18 people, and paid out close to $2 million in salaries and benefits last year. Mr. Carvin, a hedge-fund manager at Altima Partners in New York City, has declined the $17,000 salary his predecessor received.
The problem is particularly acute in Westchester, Rockland and Nassau counties, all among the top 10 counties with the highest property taxes in the U.S., according to an analysis of Census data by the Tax Foundation.
Maryland Gov. Martin O’Malley’s office took a swipe at a grass-roots citizens’ group over a report claiming people are leaving Maryland for Virginia, beginning a fight in cyberspace between the governor, the citizens’ group and an established...
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