Jon Corzine introduced his budget proposal for the coming year and…Surprise…he wants to raise your taxes again! Our Republican legislators have drawn a line in the sand. They sent a clear message today: “We’re with the taxpayers. We’re not supporting any budget that raises any taxes on anyone. Period.”
The Corzine $1.5 billion tax hike plan:
Raise property taxes $500 million by eliminating rebates for anyone who earns over $75,000 a year.
Raise property taxes ANOTHER $400 million by eliminating the property tax deduction from NJ Income Taxes (by the way, Obama wants to eliminate the deduction from your federal tax too!)
Raise income taxes $380 million
$400 million tax hike by eliminating the property tax deduction
$80 million in increased business taxes
$48 million tax hike on cigarettes, alcohol and wine
$30 million in increased motor vehicle fees
We’re in the midst of the worst recession since World War II. Economics 101: You don’t raise taxes in a recession!
Republicans understand this and are standing strong and firm. After 7 years of tax increases (more than 100), a 50% increase in state spending, and a TRIPLING of state debt, it’s time for all of us to draw a line in the sand and say “Enough!”
Sign the "Open Letter to Governor Corzine" telling the Governor you will vote against him in November for signing a budget that raises taxes on anyone.
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2 comments:
Unbelieveable how Corzine and Obama just don't get it...the housing market was the main driver for the economic downturn and the want to remove the property tax reduction....the only deduction that IMO that enabled the middle class to live in NJ as long as they could given the high cost of living....let the exodus to Delaware begin.
Now is the time to get rid of the "Prevailing Wage" rule that increases all government projects by at least 20%.
Then reduce tenure protection for bad teachers. If 95% of teachers are excellent, getting rid of 5% will save almost 10% of the dollars.
Allow private comanies to bid on doing government services. If they can do it for less, make office holders vote up or down on the proposals.
The only offices with typewriters are government offices. Does this make you think they are missed the productivity improvements that private organizations learned from?
-ethicsCount
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