Tax Exemptions Debate
Andrew highlights the issue of large tax-exempt landowners in New York City, like universities, benefiting from city services while shifting the tax burden to residents and small businesses. Scott points out the absurdity of a $12 billion endowment coupled with high tuition fees, questioning the fairness of their tax status. Both discuss the pressing need for hard decisions to address the city's soaring costs, especially in relation to union contracts and healthcare expenses.In this clip
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