Senate Republicans Respond To Corzine's Budget Address

Corzine Budget to Raise Taxes on Almost Everyone
Fails to Address Underlying Problems with New Jersey Economy
Senator Steve Oroho, Assemblywoman Alison McHose, and Assemblyman Gary Chiusano, R – Sussex, Morris & Hunterdon Counties, issued the following statement today on Governor Jon Corzine’s budget address:
“The budget proposed by Governor Jon Corzine today raises taxes on just about everyone who currently pays taxes in New Jersey. It does so at a time of great economic distress, in the midst of a recession in which our state is losing businesses and jobs.
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Beck: Elimination of Property Tax Deduction Must Not Stand
Senator Jennifer Beck (R- Monmouth, Mercer) issued the following statement regarding Governor Corzine’s proposal to eliminate the property tax deduction from the state income tax:
“Governor Corzine’s proposal to eliminate the property tax deduction from state income taxes is offensive. This is nothing more than a thinly disguised income tax hike on every homeowner in New Jersey who is not a senior citizen.
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Oroho: Corzine’s Proposed $350 Million Payroll Tax Increase Will Drive Business and Jobs from NJ
Senator Steven Oroho (R-24), a member of the Senate Budget and Appropriations Committee, issued the following statement in response to Governor Jon Corzine’s proposal to increase payroll taxes on New Jersey businesses by $350 million in FY 2010.
“I am extremely disturbed that Governor Corzine wants to raise taxes once again on the businesses that provide paychecks to millions of New Jersey families.
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Karrow: Corzine Fails to Accept His Irresponsible Decisions
Senator Marcia Karrow (R-Hunterdon/Warren) expressed exasperation today after Governor Corzine’s annual budget address to the State Legislature and made the following comment:
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Haines: Corzine’s Mismanagement of State Finances Has Led Us to Fiscal Failure
Senator Phil Haines, a member of the Senate Budget and Appropriations Committee issued the following statement regarding the proposed budget announced by Governor Corzine today:
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Tom Kean: Corzine Proposal Puts Added Burden on Struggling Home Owners
Senate Republican Leader Tom Kean of Westfield issued the following statement after Governor Jon Corzine proposed in his budget speech to end the long-standing deduction for property taxes that New Jersey residents can take from their annual income taxes:
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Bucco: Jon Corzine’s Devastating Attack on the Middle Class
Republican Budget Officer Anthony Bucco of Morris County said today’s budget proposal by Governor Corzine is a brazen attack on middle-class home ownership and exactly the wrong thing to do when thousands of people are losing their houses to foreclosure:
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Pennacchio: Corzine Must Release Updated Pension Figures
Senator Joe Pennacchio (R-Morris/Passaic) is calling on the Corzine administration to update calculations of the huge state pension deficit before the Legislature considers any bills that would defer or delay even more payments into the starving system. As of June 30, 2007, state, schools and local governments officially had a $28.4 billion long-term pension deficit, but that figure does not account for the multi-billion losses that state has experienced since then. Now Corzine proposes that the state, towns and school districts defer billions more over the next three years to help “balance” their budgets.
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