Category Archives: Taxes and Fees

Mortgage Tax Expansion: New York’s Commercial Real Estate Industry Is In The Crosshairs!

  Cash Cow, Easy Money, Low-Hanging Fruit, Meal Ticket, Golden Goose… These are just some of the words and phrases to describe how the real estate industry in New York State and New York City in particular is viewed by the powers-that-be in Albany and City Hall! And of course it’s not just the developers […]

Are Governments Raising Revenue Through Regressive Taxes Disguised As Fees?

Question: How do government entities, whether federal, state, county or local, raise revenues in ways other than by increasing taxes? Answer: By increasing fees or creating entire new classes of fees. A perfect example of this from the recent past would be the tax map verification letter fee imposed by Nassau County back in early 2015 that was then tripled only months […]