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To: ml/nj

I like to see someone who acts to cut government back to 1960s levels. We had schools, police, roads, snow plowing etc., then. In fact I cannot think of anything we didn’t have except an income tax and a 7% sales tax. >>>

that’s right, i bet most people in NJ don’t know that we operated as a state from 1776 to 1976 without an income or sales tax and our teachers, cops and firemen were paid and when retired, their pensions were paid as well - all without a sales or income tax!


22 posted on 07/13/2010 10:25:00 AM PDT by Coleus (Abortion, Euthanasia & FOCA - - don't Obama and the Democrats just kill ya!)
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To: Coleus
Correction. We did have a sales tax in 1976. Here's the history:
2% - July 1, 1935 to June 13, 1938 - Hoffman (R)
3% - July 1, 1966 - Hughes (D)
5% - March 1, 1970 - Cahill (R)
6% - January 3, 1983 - Kean (R)
7% - July 1 , 1990 - Florio (D)
6% - July 1, 1992 - Florio (D)
7% - July 15, 2006 - Corzine (D)

Source: http://taxpayersunion.org/new-jersey-sales-tax/

As a point of comparison, I would point out that most of the corporations probably make less than a 7% profit on the sum of the sales of their products at retail.

ML/NJ

24 posted on 07/13/2010 10:34:34 AM PDT by ml/nj
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