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In his budget report on Thursday, he said he would like to make the rebate, which will amount to $400, an annual occurrence.
But since he proposed spending $250 million to give a $400 property tax rebate to homeowners, the mayor has also sought to characterize the city's finances as improving enough to make the rebate fiscally responsible.
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Laws in nine states make the rebates subject to state income taxes.
But they want to make the rebates instant at the time of purchase.
Proponents of making the rebate exempt from Iowa taxes say they are simply trying to get more money to consumers, the sort of economic stimulus envisioned by supporters of the tax rebates.
In unveiling his executive budget plan yesterday, the mayor made the rebate a centerpiece, which no doubt appeals to the hundreds of thousands of New Yorkers who own houses, co-ops and condos.
He has yet to provide details of how he now proposes to lower rates but has called for speeding up the delivery of rebate checks, and for making the rebate a tax deduction, effectively doing away with the rebate process altogether.
What makes the rebates on anemia drugs different (J&J pays them, too) is that they go into doctors' pockets.
When other traders wanted to take the other side of those orders, they would pay Island, and Island would make the difference between the rebate and the payment it received.
The MWD should revisit the rules on a regular basis to make sure the rebates aren't overly generous and that they include reasonable caps to help stretch the cash-for-grass funding.
Research shows that council tax or stamp duty rebates would help make the Green Deal a more attractive proposition for householders and so incentivise take up.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com