Very doubtful.
More probably they rather have everyone share the misery, including the non income taxpaying and the freeloaders.
Posted on 03/21/2006 11:26:17 AM PST by hipaatwo
TRENTON - Increases in sales and cigarette taxes, steep education cuts, and a broken campaign promise on property-tax rebates highlight the "painful" $30.9 billion budget that Gov. Corzine will present to the Legislature today.
The former Wall Street financier is the only governor in the region to announce new taxes this year. Pennsylvania, Delaware, New York and Connecticut enjoy large surpluses as a reward for a half-decade of cuts amid a sluggish economy.
The use of tax increases and budget cuts to close a $4 billion shortfall would be "unpleasant and likely unpopular" but would give New Jersey its first "honest" budget after a decade of spending plans bankrolled by debt and gimmicks, state Treasurer Bradley Abelow said yesterday.
Most of the nearly $2 billion in new taxes would come from raising the 6 percent sales tax to 7 percent, costing a family earning the $88,400 annual state average an estimated $4.08 a week - or $212 a year. The 7 percent would be one point higher than Pennsylvania's sales tax but match the rate in Philadelphia.
The budget carries great political risk. Jim Florio was the last governor to raise New Jersey's sales tax, to 7 percent in 1990. Voters threw him out of office three years later, and the increase was repealed in 1992.
Still, voters in a Quinnipiac University poll released last week said they preferred, 2-1, raising the sales tax rather than the income tax.
Corzine's budget also would extend the sales tax to such costs as limousine rides, private investigator services, and self-storage fees.
(Excerpt) Read more at philly.com ...
Very doubtful.
More probably they rather have everyone share the misery, including the non income taxpaying and the freeloaders.
yes, there is something to that also.
but sales tax is optional today - depending on how aggressive a person wants to be with online shopping.
A good point and one that will be, one day soon, have the claws of the serpents we elect digging into.
Never thought of it quite that way.....until now.
Actually some of the suburban schools are quite good. They always are among the top scoring school districts in the country.
But on the whole, I agree with your assessment and will be right behind you leaving the state once we are empty nesters. The funny part is that I'll bet most of the rest of the country thinks we are blowing smoke when we talk about 12-15K per year property taxes an a 4 bedroom colonial on a 100X100 lot in Central or Northern Jersey.
They don't believe it! In SC, which is no big deal EX Hilton Head, you can be paying less than $2k.
Its like throwing money down the toilet!
D U M P C O R Z I N E
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.