To the Editor:
The property tax burden in Westchester and Putnam Counties as well as throughout New York State is simply unsustainable. Multiple commissions have pointed to the number one cause of these high taxes as too many government entities. With over 10,000 unique taxing districts in the state, of which just under 700 are school districts (over 60% of our property tax bill is levied to pay for schools), we must begin the hard job of scaling back.
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Current Commentary: The ‘Risk-Aversion’ Misnomer BY Larry M. Elkin
Financial advisers often discuss investors who are “risk-averse.” But people, on the whole, are not terribly averse to risk.
We are, on the other hand, extremely averse to loss.
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