Bloomberg, governor lead push against property tax breaks

PHOTOGRAPHER: The Associated Press

As the state Senate’s Democratic majority holds out for property tax relief as part of budget talks, opposition is building from New York City Mayor Michael Bloomberg and Gov. David Paterson.

Senate Democratic Conference Leader John Sampson has said property tax breaks are essential for New Yorkers and the state’s economic recovery despite the fiscal crisis. Democratic Sen. Jeffrey Klein of Westchester says the conference has drawn the line on the issue it must be included in the budget.

Mayor Bloomberg’s Albany team was fighting back today against funding tax relief at a time New York City schools and health facilities face deep cuts.

Earlier, Paterson said borrowing money to provide an election year tax break is bad fiscal policy.