Governor Corzine is again floating the idea of another sales tax increase as a solution to New Jersey's highest in the nation property taxes, according to the APP.
However, this time he wants to let local municipalities impose their own sales taxes while limiting property tax increases to 3% per year.
I could see how this might work for towns with big retail centers and car dealerships. Consumers from Matawan would be paying for the education of Eatontown children. But what about the towns without large centers of commerce to generate sales tax revenue? How many drinks would they have to sell at bars in Sea Bright to send a kid to Shore Regional.
I have a better idea Governor. Tell your ex-girlfriend the party is really over and the unions have to chip in to make the state more affordable. Tell Chairman Joe Crony that there's to be no more double dipping and that pensions are now based on the average compensation of all years of service, not just the last year or three. Tell new employees, sorry no pension, but you can have a 401K.
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