Lowering taxes for middle class families
- In 2015, Skoufis voted to extend the two percent property tax cap for another four years.
- In the 2013-14 state budget, Skoufis voted to extend the middle-class tax cuts implemented in 2012 for three more years. These tax cuts helped more than 4.4 million New Yorkers to benefit from $690 million in tax relief.
- The 2014-15 state budget included a two-year property tax credit to homeowners when the local government and school districts stayed within the 2 percent property tax cap and proposed a cost-cutting plan in the second year.
- Additionally, Skoufis voted for a four year, $3.1 billion property tax rebate program that gave homeowners much-needed property tax relief and is contingent on schools and municipalities staying within the two percent tax cap.
- The 2016-17 budget cut personal income taxes by $270 million in 2018 compared to 2017 tax rates. In 2025, once fully phased in, the new tax rates will save middle class families over $3 billion benefitting more than 6 million New Yorkers.
- Voted against 195 tax bills that would raise or extend local taxes.
- In the 2013-14 budget, the phase out of the 18-a utility assessment surcharge began and it was accelerated in the 2014-15 budget passing along savings to residential and commercial utility customers .
- Reduced the tax rate on manufacturing companies making it easier for them to grow and compete in the economy.