Republican mayoral candidate Nicole Malliotakis vowed Thursday to reform property taxes if she’s elected, pointing out that Mayor de Blasio is among the homeowners making a killing under the current system.

Malliotakis, an Assemblywoman who represents parts of Staten Island and Brooklyn, said her constituents have complained for years about inequities in the tax code that hurts them and benefits homeowners like de Blasio.

Nicole Malliotakis News Conference
Nicole Malliotakis at a news conference at City Hall on Oct. 26, 2017. (Mark Lennihan/AP)

“The mayor seems perfectly okay with poor homeowners subsidizing the rich,” Malliotakis said Thursday at a press conference on the steps of City Hall. “The worst part of this is that Bill de Blasio personally benefits from the current system.”

Under the current system, homeowners in areas like brownstone Brooklyn often end up paying less in taxes than those on Staten Island — a point Malliotakis drove home when she held up both her’s and de Blasio’s tax bills.

The bills show she pays taxes of $5,814 on a home valued at $549,000, while the mayor pays $3,581 on a home in Park Slope valued at more than $1.9 million.

The mayor also owns a nearby home that he inherited from his mother with about the same taxes and valuation.
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Booming neighborhoods such as Park Slope are the biggest beneficiaries of the city’s convoluted property tax system, which limits how much the city can increase taxes on small property owners annually even as values soar.

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