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Promise Breaker [Corzine]
investors ^ | 3/22/2006

Posted on 03/22/2006 7:33:39 PM PST by ncountylee

New Jersey: Gov. Jon Corzine joins his tax-happy predecessor, Jim Florio — and former President Bill Clinton — in a rogues' gallery of Democrats elected under false fiscal pretenses.

Between election and inauguration, Clinton "discovered" a budget deficit worse than he imagined, and so the middle-class tax cut he campaigned on in 1992 had to be put on hold — forever, as it turned out — and income tax rates raised.

Similarly, Florio vowed not to raise taxes in his 1990 gubernatorial campaign, then slapped a $2.6 billion tax hike on New Jerseyans, the biggest in U.S. history. It made Florio a one-term governor.

Newly elected Gov. Corzine is the latest Democratic promise breaker — though the former Goldman Sachs CEO gets points for subtlety. Instead of restoring property tax rebates that were cut last year plus increasing them by 10%, as he promised, Corzine told New Jersey lawmakers he'll increase existing rebates by 10%.

New Jerseyans pay the country's highest property taxes, and the gimmicky rebate change may muddle some into thinking Corzine actually kept his promise. He didn't.

"It took Gov. Corzine less than 90 days in office to break his central campaign promise," Republican Assemblywomen Jennifer Beck complained. Nonelderly homeowners end up with only about $35 extra, say Republicans, but property taxes are up on average by over $1,300 per homeowner in the last four years.

(Excerpt) Read more at investors.com ...


TOPICS: Culture/Society; Editorial; Government; Politics/Elections; US: New Jersey
KEYWORDS: corzine; joncorzine; newjersey; nj; njtaxhike; taxes

1 posted on 03/22/2006 7:33:41 PM PST by ncountylee
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To: ncountylee

this was about as predictable - as the sun rising tomorrow morning.


2 posted on 03/22/2006 7:35:38 PM PST by oceanview
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To: ncountylee

In Virginia, now-Governor Tim Kaine spent all last year denying he would raise taxes for transportation "until the transportation fund was locked up". When Kilgore said at a debate that Kaine would raise taxes, Kaine called him a liar and was making things up.

On his web site, Kaine even explained that while he was working on locking up the trust fund, he would not simply sit by, but instead would work hard on fix things he could fix without raising taxes.

Within one week of his inauguration, he proposed a billion dollars in tax increases for transportation. This even though we have over a billion dollars in extra revenue.

What do you expect, he's a democrat.


3 posted on 03/22/2006 7:39:59 PM PST by CharlesWayneCT
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To: ncountylee

I cannot understand WHY people didn't see through this cretin. THAT really upsets me. Living in NJ, it's as predictable as the sun coming up what would happen if this louse got elected. It scares me that people are so dam STUPID. Excuse my French ... .


4 posted on 03/22/2006 7:40:18 PM PST by nmh (Intelligent people recognize Intelligent Design (God) !)
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To: ncountylee
Outstanding!! This new gov. is looking to follow directly in the tracks of Governor Florio in 1992 (something even the MSM can't help but notice).

Per plan, this will mean that the people of NJ will once again get really, really, mad and vote against a Dem replacement for Cortizone just as they nearly knocked Bill Bradley out of the US Senate in 1992 (Bradly refused to condemn Floridio). The difference in this case is that there is a very strong (albeit liberal) Republican candiate and the incumbent Democratic Senator has nothing approaching the popularity of a Bill Bradley (who was one heck of a great B-Ball player, particularly in 1969-70 when the Knicks won the championship).

Keep it Cortizone!!
5 posted on 03/22/2006 7:41:15 PM PST by MediaAnalyst
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To: MediaAnalyst
In the meantime guess how many businesses will move OUT of New Jersey?

I know of one company ... the manufacturing end of it has moved OUT all but one part of the process and NOW that part will be moving out. THIS will just speed it up. The HQ, for the moment will remain in NJ.

He's driving businesses away and people.
6 posted on 03/22/2006 7:52:49 PM PST by nmh (Intelligent people recognize Intelligent Design (God) !)
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To: ncountylee

And the people of New Jersey expected what exactly...


7 posted on 03/22/2006 8:05:32 PM PST by GEC
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To: GEC

If I lived there, I would be going bonkers.


8 posted on 03/22/2006 8:07:05 PM PST by ncountylee (Dead terrorists smell like victory)
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To: ncountylee

Cant the people of NJ have a recall?


9 posted on 03/22/2006 8:18:24 PM PST by lowbridge (I want to die peacefully in my sleep like my grandfather. Not screaming, like his passengers.)
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To: ncountylee
Similarly, Florio vowed not to raise taxes in his 1990 gubernatorial campaign, then slapped a $2.6 billion tax hike on New Jerseyans, the biggest in U.S. history. It made Florio a one-term governor...what really did Florio in was WHAT he wanted to tax - toilet paper - the deadheads in this state will forget all about the broken promises and elevated taxes from Corzine in a few years and happily elect him to a second term in 2009.......
10 posted on 03/22/2006 8:48:10 PM PST by Intolerant in NJ
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To: ncountylee

Right out of the Democrative playbook.

In 1983, newly-elected Michigan governor James Blanchard raised state income taxes a whopping 38%. After campaigning that raising taxes would be the absolute last resort in fixing the states fiscal woes, it took him a week to discover that things were 'worse than he realized.' A week! In my view, this exposed him as being either utterly incomptent or a liar. (or both)

He signed the tax increase -- retroactive to January 1st of that year -- in March.

Quick quiz: Who was on the plane with president-elect Bill Clinton when he made his trek from Arkansas to the White House for the first time? Yup, Blanchard. They're all alike.


11 posted on 03/23/2006 3:34:54 AM PST by DJ Frisat (Tired of being called intolerant by the truly intolerant...)
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To: ncountylee

I'm trying to muster up a little pity for states who elect liberals to run their lives and raid their bank accounts.

OK, I tried..didn't work.


12 posted on 03/23/2006 4:32:13 AM PST by RetSignman (( HELP...I'm trapped between these curved things))
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To: lowbridge
No, this is what they want.

They voted in Mayor McCheese as governor and then complained almost immediately how horrible he was, long before he flitted out of the closet. They endorsed the NJ Supreme Court taking a dump on the law concerning substitution of candidates when they voted for the walking cadaver Lousenberg after he was illegally substituted for the Torch. Not content with that travesty, they sat idly by while Mayor McCheese proclaimed himself governor of Brokeback Mountain and then resigned but it wasn't official until months later when there would be no special election. Finally after all those shenanigans, more accurately all those RAT shenanigans, they proceeded to vote in this clymer Corzine after he distinguished himself in the Senate as Hellary's buttboy.

With a record like that, the voters of the People's Republic of Joisey should recall themselves.

13 posted on 03/23/2006 5:47:28 AM PST by Dahoser (Time to condense the spending nonsense: Terry Tate for OMB head.)
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