In his second State of the State address Wednesday, Gov. Eliot Spitzer proposed a commission study putting a cap on school property taxes.
Spitzer is changing course from when he rejected a cap during his run for governor in 2006. Last year, he hinted that he was changing his mind. But he said during the speech that a cap may make sense because property taxes continue to climb. Aides said that the governor has been disheartened that despite increases in state aid and tax-rebate programs last year, school taxes have soared by an average of 7.3 percent statewide for each of the last five years.
"In the end, it's a losing game for the taxpayer if the state gives you a rebate check on Monday and then on Tuesday your local government takes it away," Spitzer said.
Hallelujah, Eliot. After a year in office, you've finally seen the light. Let's hope this isn't more rhetoric.