Wednesday, February 7, 2018

HNA Sponsors Tax Watch Columnist Presentation

The Highview Elementary school auditorium saw about 50 people attend the Hartsdale Neighbors Association meeting which featured David McKay Wilson as the guest speaker.

Prior to Wilson speaking, there was a brief presentation about food scrap recycling. The two women showed a small scrap container you can use in your kitchen for daily recycling and then a slightly larger one that would collect about three weeks worth of scraps. Lined with biodegradable liners, these would accumulate in the larger container that you would bring and drop off at a location at Anthony Veteran Park. Flyers were also handed out explaining the program along with an email sign-up sheet.

Wilson gave a brief description of himself and recounted a good number of stories he had worked on in and about Greenburgh. After being away from Greenburgh for about seven years, he returned to write his first story exposing the contaminated landfill that was installed at the Woodlands High School. That story ultimately led to an investigation which resulted in a jail sentence for the offender as well as remediation of the field. Town Attorney Tim Lewis, the Town's defacto environmental faux-expert, was not involved with cost-analysis with this event. Wilson also discussed the WestHelp debacle created initially by then HUD Chairman, current governor Andrew Cuomo. He talked about the scheme cooked up for the Town to get the lease money from those apartments and the illegal payoffs that Mr Feiner was making to the Valhalla School Board.

The night was to be a discussion of taxes. So, after Wilson completed his introduction, he proceeded to talk about what he had learned from various experts about what was on the horizon. He commented that 27% of the Town Taxes were from Edgemont. And, now that the judge has ruled Mr Feiner's decision to not allow the elections as incorrect, the vote for Edgemont incorporation can proceed. While good news for Edgemont residents, it may not be so good for the rest of the Unincorporated Town.

This discussion renewed talk of a Hartsdale incorporation as well. Since Mr Feiner has positioned himself in favor of the Villages, something we don't believe would be the case with the Village of Edgemont, he would have major budgetary issues in the Town should Hartsdale also look to control their own destiny in a similar fashion.

One comment that Wilson made was that the new IRS tax plan should not negatively affect most people in Greenburgh and Hartsdale. He clarified this by saying that the polarized political pundits are saying how bad it will be but the experts he's been speaking and meeting with are saying the opposite. He seemed to feel that the greatest impact with it will be in the real estate market.

Ultimately, the high-end market could suffer the most as the property tax deductions will change, allowing for only the first $10k in taxes to be deducted. As such, it will probably make selling a high-end home more difficult. It may also find sellers lowering their asking price to be able to make the sale. This same scenario could force an increase in the rental market. Consequently, the incentive to own might be less.

The discussion turned toward affordable, low income and Section 8 housing. It is also believed that affordable housing could suffer as the tax incentives most developers utilize will not be as great. An unrelated example that Wilson mentioned was illegal housing and that Governor Cuomo, who lives with his girlfriend Sandra Lee, never filed or paid for renovation permits to their home in Chappaqua. The irony is that the Town Tax Assessor revalued their home to a higher value.

Wilson finally discussed the taxation schemes that our current crop of legislators are trying to implement both to attack President Trump and to help people who might be severely and/or negatively impacted by this tax plan. He reiterated that most people are probably not going to be negatively impacted by it. What was never discussed were any plans by these same legislators to lower NY State taxes to help keep people here, to help keep businesses here and to help to make New York competitive again. It would behoove the Town to be leaders and start to lower fees(taxes), regulations(taxes), and taxes to make Greenburgh more competitive for businesses. We don't need more low income, affordable, Section 8, workforce and other housing that will not change the paradigm. We need creative ideas from different people. Only then will we get A Better Greenburgh.

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