Jaffee Introduces Property Tax “Circuit Breaker” To Provide Middle Class Tax Relief

Pearl River, NY – May 19, 2011 – (RealEstateRama) — As an increasingly heated debate on property tax relief continues to focus solely on a tax cap, Assemblywoman Ellen Jaffee (D-Suffern) today announced she has introduced legislation (A7673) that creates an income-based tax “circuit breaker” as a viable alternative that actually lowers homeowners’ tax bills while protecting quality education.