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To: AbeKrieger
The deal calls for using half the $1.1 billion to be raised by a sales tax increase to lower property taxes, and using all of the revenue for that purpose next year, a different high-ranking Statehouse official said

Typical Dems, raise the sales tax which is regressive and give the taxes back to property owners. Why not just keep the taxes the same and reduce spending to fund property tax reductions.

13 posted on 07/06/2006 12:31:53 PM PDT by 1Old Pro
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To: 1Old Pro
Typical Dems, raise the sales tax which is regressive and give the taxes back to property owners.

When the votes are all made public, you will probably be surprised at how many Republicans voted for the Corzine sales tax increase. Republicans were getting hammered by their constituents who owned small businesses that sell lottery tickets and who relied on the casino industry for income.

29 posted on 07/06/2006 1:13:16 PM PDT by randita
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To: 1Old Pro

for the NJEA. the main component of the property tax, is for schools. if citizens felt the full impact of their school taxes, they would be more likely to vote down the budgets. so this kickback scheme is devised - to limit the hit of the school taxes, and keep that money flowing to the schools. the sheeple don't even understand that they are paying for their own tax rebate (and someone elses, depending on where they live) - and then some.


30 posted on 07/06/2006 1:16:22 PM PDT by oceanview
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