They got a head start in New Jersey
McGreevey signs 'millionaire's tax' bill
Revenue generated by the tax hike on those who earn more than $500,000 a year will be handed out as higher state rebate checks to mailed later this year to homeowners and renters.
http://www.nj.com/newsflash/jersey/index.ssf?/base/news-9/108845188440420.xml&storylist=jersey
The state budget also includes a plan to borrow $1.9 billion to pay operating costs. Republicans filed a lawsuit to challenge the borrowing on the grounds that it violates the legal requirement for a balanced budget.
It's good to see there are Republicans in the Garden State with some backbone.
Tough break for Springsteen and Bon Jovi with the millionaires tax.
NJ is unbelievable.
The math works out to a tax increase of $28,571.43 per person, over and above whatever they paid last year!!
I live in PA and compared notes on property taxes with a co-worker who lives in NJ and they are killing you guys on that too. His property tax was approx. 3 times mine.
Only a democrat could have proposed a "millionares tax" and include those who make less than 1 million.
Truth be known (and this is a guess on my part) there are probably more people in the 500K - 1 mil range than above 1 mil ...
So, in other words, McGoofy acts as though the "rich" people took something away from the lower and middle classes in the first place?
This will end up liek the bill to impose a luxury tax on yachts..remember..it destroyed several boat builders..laid off thousands of workers..
Is McGreevey Robin Hood or the Sheriff of Nottingham?
Headline I'd like to see: McGreevey gets pink slip in NJ. Communist POS gets voted out of office.