Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $25,222
31%  
Woo hoo!! And we're now over 31%!! Thank you all very much!! God bless.

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  • Proposals for state budget, targeting the middle class, take many by surprise (NJ no prop tax deduct

    03/11/2009 4:21:35 PM PDT · by NewJerseyJoe · 20 replies · 909+ views
    Star-Ledger ^ | 3/11/09 | Claire Heininger and John Reitmeyer
    The state budget that Gov. Jon Corzine unveiled yesterday calls for the elimination of property tax deductions on state income taxes next year, raising about $420 million to help offset spending. For middle-class New Jerseyans, however, the missing deduction could pack an extra punch: They also would lose their property tax rebates under the governor's proposal for the fiscal year beginning July 1. The $29.8 billion proposal represents "tough choices to do the right thing," Corzine told a joint session of the Legislature. As he promised to protect children, the elderly and the working poor, the governor asked others to...