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N.J. lawmakers must work on budget July 4
YAHOO NEWS ^ | 03 JULY 2006 | AP

Posted on 07/03/2006 8:25:05 PM PDT by Extremely Extreme Extremist

TRENTON, N.J. - As the state government shutdown threatened to close Atlantic City's casinos, Gov. Jon S. Corzine on Monday said New Jersey lawmakers must report to the Statehouse on July Fourth and stay there until they adopt a budget.

Corzine called for a special session of the Legislature after Monday afternoon negotiations with the lawmaker leading opposition to the governor's proposed sales tax increase failed yet again.

"I will try to speak explicitly about a compromise that I hope people will find is reasonable," Corzine said.

At the casinos, meanwhile, executives and employees were fearing the worst — a total shutdown, the first in the 28-year history of legalized gambling in New Jersey.

Barring a breakthrough in Trenton, the state planned to force the 12 casinos to stop taking bets as of 8 a.m. Wednesday because they cannot operate without state gambling monitors, and those workers are not deemed "essential" employees who keep getting paid during a shutdown.

State parks, historic sites and beaches also could be closed Wednesday unless a budget is adopted before then.

The state Supreme Court on Monday evening denied the casinos' request to continue operating while they appealed the shutdown order.

The state stands to lose $1.3 million a day in revenue to help senior citizens and people with disabilities if the casinos close, Heneghan said. Nearby business owners said they also feared a financial hit unless a budget was adopted.

"When they shut down, then there's no tourists, no conventions, no money for the workers. That's not good," said Ann Ji, who runs a beauty supplies store one block from the casino strip.

Corzine imposed the shutdown after lawmakers missed a July 1 deadline to adopt a new state budget. He wants to raise the state sales tax from 6 percent to 7 percent to help overcome a $4.5 billion budget deficit. The proposal would cost the average New Jersey family $275 per year, according to experts.

Most Democrats in the Assembly and several Senate Democrats oppose the sales tax increase. Assembly Democrats proposed a series of alternatives, some of which Corzine accepted, but they remained $1 billion apart.

With state government unable to spend, lottery ticket sales and road construction were halted, courts closed and about 45,000 state employees, more than half the government work force, were off the job. Only personnel deemed essential — including state police, prison guards, child welfare workers, and some administration staff — remained at their posts.

About 150 furloughed state workers rallied Monday outside the Statehouse, pleading with lawmakers to end the impasse.

The state extended deadlines for people who needed to renew driver's licenses, vehicle registrations and car inspections. Some people showed up at those state offices Monday but found the doors closed.

"I was shocked. It's a waste of time and money and my day off," said Victoria Moore, 53, of Ocean City, who was looking to renew her license. "I balance my budget at home; why can't they balance theirs? I know how to cut corners at home; why can't they?"

On Tuesday, Corzine intends to push a compromise plan offered nearly two weeks ago by Senate President Richard J. Codey.

It involves using half the $1.1 billion that would be raised by the sales tax increase to ease the state's highest-in-the-nation property taxes. The Senate president predicted the plan would pass the Legislature if considered, but Assembly Speaker Joseph Roberts, D-Camden, has rejected it.

Roberts has been leading opposition to the sales tax increase and continued to reject the compromise late Monday. He wants a sales tax increase reserved for property tax reform talks to be held later this year and opposes using it to fund general state spending.

___


TOPICS: Government; US: New Jersey
KEYWORDS: corzine; newjersey; nj; njbudgetcrisis; taxandspend; taxes

1 posted on 07/03/2006 8:25:10 PM PDT by Extremely Extreme Extremist
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To: Extremely Extreme Extremist

Corzine has to have his sales tax increase to finance a "balanced budget."

I got a better idea, Jon, cut spending but I know that isn't the New Jersey way.

Too many pork projects and political cronies to be paid off.


2 posted on 07/03/2006 8:55:13 PM PDT by Nextrush (Chris Matthews Band: "I get high...... I get high.....I get high.....McCain.")
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To: Extremely Extreme Extremist

Corzine has to have his sales tax increase to finance a "balanced budget."

I got a better idea, Jon, cut spending but I know that isn't the New Jersey way.

Too many pork projects and political cronies to be paid off.


3 posted on 07/03/2006 8:56:19 PM PDT by Nextrush (Chris Matthews Band: "I get high...... I get high.....I get high.....McCain.")
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To: Extremely Extreme Extremist

"I was shocked. It's a waste of time and money and my day off," said Victoria Moore, 53, of Ocean City, who was looking to renew her license. "I balance my budget at home; why can't they balance theirs? I know how to cut corners at home; why can't they?"

Because NJ voters keep electing the incompetent tax and spend liberal democrats. Duh?


4 posted on 07/03/2006 9:04:59 PM PDT by tflabo (Take authority that's ours)
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To: Extremely Extreme Extremist; ancient_geezer; Taxman; pigdog; Principled; EternalVigilance; ...
There is an alternative to the state sales tax. Currently there is a bill before Congress titled The Fair Tax that will replace federal income taxes with a consumption/national retail sales tax. The bill number in the House is H.R.25 and S.25 in the Senate. New Jersey could replace its own state sales tax with The Fair Tax. Currently there are 55 cosponsors in the House and three in the senate.

The Fair Tax will be more stable because it will have a much broader tax base and consequently New jersey will raise the same amount of state sales tax with a lower tax rate Fair Tax FAQ #25. The state will be paid a collection fee of one-quarter of one percent fee by the federal government to collect the tax.

Support is growing for The Fair Tax. There are currently 55 cosponsors in the House and three in the Senate. The Fair Tax is a long term solution to replace our current 60,000+ page oppressive tax code. The same can be done for New Jersey. Make April 15th just another day!
5 posted on 07/04/2006 5:18:39 AM PDT by Man50D
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To: Extremely Extreme Extremist

Raise taxes, of course!! The answer to everything in a control freak's world.


6 posted on 07/04/2006 5:33:23 AM PDT by ovrtaxt (The face of a child can say it all, especially the mouth part of the face.)
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To: Man50D
And Corzine, the fargin icehole bastage, shuts down the operations that make the most money for the state.

This guy needs to be booted.

7 posted on 07/04/2006 6:03:50 AM PDT by Principled
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To: Extremely Extreme Extremist
"I will try to speak explicitly about a compromise that I hope people will find is reasonable," Corzine said.

Translation: "Submit to my blackmail and all will be well"

Hopefully, this will serve as a wake-up call to sheeple. "This is government by the Democrat-Socialists"

N.J.: Democrat Gov., Democrat held senate/legislature. Highest property taxes in the country. Democrat Formula to overspending= raise your taxes. (Wouldn't it be convenient if, when we overspend, we just go to our boss and say: "Hey, I've run up my credit cards $20,000 in the red. I really can't pay that down. So, starting next pay check, put an extra $100 in - or else I'll stay home until you do."

Or go to another DemonCrat run state, New Orleans: Ranks among the top 4 for highest crime/corruption state...

8 posted on 07/04/2006 6:08:54 AM PDT by maine-iac7 (LINCOLN: "...but you can't fool all of the people all of the time>")
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To: Man50D
And there is a lot of helpful information concerning a state conforming its current sales tax to the FairTax law.

It offers significant benefits to the states including lower sales tax rates and simplifies things for the taxpayers. There's more information about it here and also in in this link as well.

9 posted on 07/04/2006 7:38:16 AM PDT by pigdog
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