Posted on 03/30/2006 5:39:42 AM PST by beyondashadow
Gov. Jon Corzine is drawing fire for proposing $1.5 billion in tax increases for the cash-strapped state budget, but a coalition of citizens groups and union yesterday said he isn't going far enough.
The Fairness Alliance yesterday called for nearly $800 million in higher taxes to restore cuts in higher education and other areas targeted by Corzine.
The groups, which include the New Jersey Education Association and the Communications Workers of America, two powerful unions, urged a $462 million income tax increase for more than 100,000 taxpayers who earn $200,000 to $500,000, and more than $300 million in extra business taxes and suspended tax breaks.
"This change would ... add a further measure of equity to New Jersey's overall tax structure and call upon those among the most able to pay to contribute more of their fair share," said Jon Shure, president of New Jersey Policy Perspective, a liberal think tank and alliance leader.
(Excerpt) Read more at nj.com ...
And one from yesterday Summit reaching a tax milestone: New budget to make average homeowner pay $1,000 a month
Is there any reason for anyone to stay in NJ anymore?
(Denny Crane: "I Don't Want To Socialize With A Pinko Liberal Democrat Commie. Say What You Like About Republicans. We Stick To Our Convictions. Even When We Know We're Dead Wrong.")
If this was a repub the headlines would be screaming broken promises so and so lied, bodes bad for the gop in nov but hopefully nj and md red in nov
That's the beauty with states... You can vote with your feet...
For example,the "typical" $1,000,000 home in Greenwich,CT has an annual property tax bill of about $4,000/yr whereas the typical $1,000,000 home in Port Chester/Rye,NY (literally a couple of miles from Greenwich) has a property tax bill of $12,000/yr.
Didn't this guy forgive a $500,000 loan to some babe who headed a Union in NJ?
You voted for him, now you got him.
What a bunch of asshats.
This State already has a millionaire tax, an increased sales tax, a state gas tax, property taxes, liquor and cigarette taxes, inheritance tax,luxury item tax, and many others I have not listed here, not to mention our Federal taxes.I dont think I have any more to share!
I said a week or two ago that NJ was a lost cause and somebody from up that way attempted to rip me to shreds claiming I didn't know what I was talking about. Been there, seen it, won't go back. Good luck, suckers.....
It has been a lost cause for a long time now. I thought that when the rats in the NJSC pulled that crap with the Laut it was going to wake people up and realize how corrupt it all is. The suckers (unfortunately my Mom is in that group) just keep saying "Thank you sir, may I have another" and they keep getting it.
Democracy does work. They keep getting what they vote for!
LOL! That's what they say every year and they keep buying it!
"You voted for him, now you got him"
You can thank my very religious, leftwing, aunt also.
She thinks that taking care of the poor means taxing "the rich" more and more.
Trust me, I did NOT vote for him. Not that it did any good to vote at all in deep blue Essex county...
Me either!!
In our town (not too far from Summit), the "typical" $1,000,000 home (not particularly grand or luxurious) is assessed at around $600,000 and pays about $23,000 annually in property taxes. They are nice enough to let homeowners pay their tax bill quarterly, to help "ease the burden."
Needless to say, we'll be renting for a while yet... (although, if I had my way, I'd be hightailing it right back to NC!)
I'm sick of it! Nice profile by the way.........
why thank you very much.
$23,000 ??? Holy Mother of God! I know that anything decent within 30 miles of NYC can easily go for a million but around Boston such a house would pay about $7,000/yr in taxes.
Is there a difference between north Jersey (near NYC) and south Jersey (near Philly)? I know that real estate prices around Philly are a good deal less than around Boston and NYC.
/Sarcasm OFF
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