"Knowledge will forever govern ignorance

 and a people who mean to be their own governors

 must arm themselves with the power which knowledge gives."

Friday, March 10, 2006

Corzine Sets The Table For Tax Increases

Governor Corzine is setting the table for tax increases, warning everyone who will listen that the state’s budget gap can’t be closed solely by eliminating government waste. Getting rid of the waste is step one, cutting the unnecessary, the nonessential and the fat is step two.

Why not lay it all out on the table and let the people decide what stays and what goes. Of course this will never happen. Taxpayers would be shocked if they were honestly told how the bulk of their money is being spent. So instead we get Corzine’s holding meetings around the state expanding on his line, “We’re pretty much broke”.
Corzine explained the state's dire financial condition at the third and final town hall meeting and fielded questions from an audience of more than 350 people.
Eight-eight percent of state spending is transferring money from taxpayer to tax eater. The remaining twelve percent is spent operating the state. This isn’t “right-wing” spin, those percentages came from former Governor Codey in last year’s budget address.

The governor [Corzine] said he hoped to close the budget gap through spending cuts but it may not be enough. He said his budget proposal will include "more significant budget cuts than we've ever had."
Corzine’s words sound reasonable until you stop and think about them. When has the state ever made any budget cuts? Last year former Governor Codey claimed his budget actually cut spending from the previous year. If that’s the case why do we find ourselves with a budget shortfall Corzine now pegs at $4.5 billion? Any cut to the state’s budget would be the most “significant budget cut we’ve ever had”, even if it was $1.

To get a handle on the budget Corzine needs to sharply reduce spending on the fat – the programs swallowing 88 percent of our taxes. School and municipal aid are two good examples .

All of the money the state collects in income taxes is redistributed as property tax relief to municipalities in the form of school aid. But if Corzine elects to freeze or make cuts here, will he chose to freeze and cut the fat or the lean?

Take two Union County municipalities in Assemblywoman Linda Stender’s distinct as an example. Which one is most likely to have its state aid frozen or cut – Clark receiving $322 per homeowner in school aid or Elizabeth, receiving $16,433 per homeowner from the state? Unless Corzine sees things differently than his predecessors and can convince Stender otherwise, it will be Clark's aid frozen or cut.

The state doles out municipal aid to towns from sales and other taxes it collects. What will be cut, the fat or the lean? Again, taking two Union County towns in Assemblywoman Linda Stender’s distinct, Scotch Plains receiving $437 per homeowner in municipal aid and Linden getting $2,382, which will be cut? The record tells us it will be Scotch Plains.

The budget as a whole is no different. The lean part of the budget is where 12% of our money is spent for essential services, such as for law enforcement that benefits all. The fat of the budget is where 88% of the money is spent for political advantage, benefiting the special interests. Yet, time and again the lean is targeted for cuts rather than the fat. Why? Because proposing spending cuts to the lean will produce acceptance of tax increases to preserve the essential.

Will Governor Corzine take a different approach? We’ll see when he reveals his budget proposal on March 21, but so far it looks like he’s preparing New Jersey’s citizens for the usual diet of fat and taxes.

Update: Yesterday, Bob from eCache attended Governor Corzine’s budget meeting at Rowan University and he has written a good synopsis of the information presented. The title of Bob’s post is More, More, More, as in spend, spend, spend. It’s not looking good folks. Be sure to read Bob’s post and check out eCache’s new look and platform.


At 1:42 PM, Blogger njgalaxie73 said...

The Newark School System is a perfect example of State Aid going to waste.

A friend of mine who is a public administrator in the system would always tell me and others how since Newark is an Abbot District, they would get so much state aid that they had to find ways to spend it all before the state took back whatever was left. Usually it was spent on clothing with the school name plastered all over it.

I'm sure that budget cuts to Abbot Districts like Newark, Jersey City and Union City would help the state tremendously. With all of the govenment waste that has been running rampant in Trenton for so many years, I refuse to believe that spending cuts wouldn't be enough to balance the budget.

Like I've said from the beginning, I'm really not convinced that Corzine will raise taxes and that this is a smoke and mirrors show to make Democrats more favorable if and/or when he slashes every wasteful spending program in the state. It would simply be yet another example of the NJ Dems giving the NJGOP the finger.

At 4:24 PM, Anonymous Bob said...

Thank you for the link. I appreciate it.

njgalaxie73, Governor Corzine is going to be raising taxes. There is no doubt about it.

Look for the sales tax to increase. I think the value-added tax will be applied as well.

Corzine is precluded by law from cutting aid to the Abbotts.

At 5:01 PM, Blogger njgalaxie73 said...

Don't get me wrong Bob. Just because I don't neccesarily think that he will do it dosen't mean I don't think he's capable of it.

I absolutely believe that he can sugarcoat tax increases and New Jerseyans will fall for it hook line and sinker like they always do.

The fact is that New Jerseyans let this happen all the time! They're like some stupid kid who has no license or permit to drive who takes the family car, gets into an accident and asks, "What did I do wrong?"

As far as it being illegal to cut funding from Abbotts goes, I think that if he were any kind of real reformer he would challenge it and attempt to make cuts anyway as Bogota Mayor Steve Lonegan said he would. Of Course we all know that's NOT the case!! I don't even think that most republicans outside of Lonegan would be so bold which is a real shame.

I just wonder sometimes how many times New Jerseyans are going to beat their heads against the same rock before they finally get it. When it starts to scare me I take breaks!

At 6:47 AM, Blogger Seo Link Master said...

You need us if you have any of these tax problems: Back
, Unfiled Returns, Missing Records, Threat of Levy, or, if you need an Installment Agreement or an Offer in Compromise A tax levy or garnishment or attachment are all the same thing. The terms may be used interchangeably. A wage garnishment or levy may be against any asset. In the enforcement of tax collections. We prepare all Federal and State Unfiled tax Returns The Fair Tax Act (HR
25/S 1025) is a bill in the United States Congress for changing Tax Solutions laws to replace the Internal Revenue Service (IRS) and all federal income taxes (including Alternative Minimum Tax), Past due tax returns, Past due tax returns, Past due returns, Past due taxes, Unpaid tax, Tax negotiation, Wage levy, Robert M. Adams, Bob Adams, Try to Be Happy, Search Engine Optimization

At 4:48 AM, Blogger dong dong23 said...

kobe bryant shoes
hollister uk
michael kors handbags
coach factory outlet
michael kors outlet clearance
coach outlet
mont blanc pens
coach outlet store online
christian louboutin outlet
nike trainers
lebron james shoes
ray ban outlet
true religion shorts
caoch outlet
coach factory outlet
toms shoes outlet online
michael kors handbags
coach outlet
cheap ray ban sunglasses
ray ban sunglasses
nike store
nike air max 90
true religion outlet
coach factory outlet
kate spade
louis vuitton outlet
cheap jordans
michael kors outlet
nike air huarache
fitflop sandals
oakley vault
coach outlet online
replica watches
michael kors outlet
louis vuitton outlet stores
oakley sunglasses
toms shoes
longchamp bags
burberry outlet
toms shoes


Post a Comment

<< Home

 Contact Us

  • Email Us
  • Blog Roll Us!



  • Atom Feed
  • Bloglines
  • Feedburner
  • Feedster
  • Add to Google
  • Add to My MSN
  • Add to My Yahoo
  • News Is Free

    Recent Posts

  • Creating Jobs Or Bankrupting The State?
  • A Response to Dump Mike’s Nathan Rudy
  • Give Linder Stender A Call
  • Hosts Wanted For Carnival of the New Jersey Blogge...
  • Corzine Wants Better Stadium Deal For New Jersey
  • Socialist Utopias
  • Carnival of the New Jersey Bloggers # 42
  • The High Cost of Health Insurance Is the Symptom, ...
  • What Did Your Child Learn At School Today?
  • Remember Governor Corzine, Taxes Matter


  • November 2004
  • December 2004
  • January 2005
  • February 2005
  • March 2005
  • April 2005
  • May 2005
  • June 2005
  • July 2005
  • August 2005
  • September 2005
  • October 2005
  • November 2005
  • December 2005
  • January 2006
  • February 2006
  • March 2006
  • April 2006
  • May 2006
  • June 2006
  • July 2006
  • August 2006
  • September 2006
  • October 2006
  • November 2006
  • December 2006
  • January 2007
  • February 2007
  • March 2007
  • April 2007
  • May 2007
  • June 2007
  • August 2007
  • September 2007
  • October 2007
  • November 2007
  • December 2007
  • January 2008
  • February 2008
  • April 2008
  • November 2008
  • January 2009
  • August 2009
  • September 2009
  • February 2012

    Online Journals

  • National Review

  • Opinion Journal

  • Real Clear Politics

  • Weekly Standard

  • Blog Roll

  • A Blog For All
  • Althouse
  • Ankle Biting Pundits
  • Barista of Bloomfield Avenue
  • Betsy's Page
  • Blue Crab Boulevard
  • Blogs For Condi
  • Bob the Corgi
  • Brainster's Blog
  • BuzzMachine
  • Captain's Quarter's
  • Cinnaman
  • Coalition of the Swilling
  • CWA-NJ
  • Dino's Forum
  • Daily Mail
  • Don Surber
  • DynamoBuzz
  • eCache
  • Exit 4
  • Fausta's Blog
  • GOP Bloggers
  • Instapundit
  • Joe's Journal
  • Kate Spot
  • Kausfiles.com
  • Little Green Footballs
  • Michelle Malkin
  • More Mnmouth Musings
  • Parkway Rest Stop
  • Patrick Ruffini
  • Polipundit
  • Power Line
  • Right Wing News
  • Roger L. Simon
  • The Blue State Conservatives
  • Riehl World View
  • Red Jersey
  • Right, Wing-Nut!
  • Sid in the City
  • Tiger Hawk
  • The Truth Laid Bear
  • Tim Blair
  • Wizbang

  • Sid in the City

    Majority Accountability Project


    New Jersey Blogs


  • 11th and Washington

  • A Blog For All
  • A Planet Where Apes Evolved From Man?!?
  • Armies of Liberation
  • Atlantic Highland Muse
  • Attack of the 15.24 Mete

  • Barista of Bloomfield Avenue
  • BeLow Me
  • Big Windbag
  • Blanton's and Ashton's
  • Blue State Conservatives
  • Burning Feathers
  • BuzzMachine

  • Clifton Blogs
  • Coalition of the Swilling
  • Cobweb Studios
  • CoffeeGrounds
  • Constitutional Conservative
  • Confessions of a Jersey Goddess
  • Corzine Watch
  • Crazy Jackie
  • Cresting Acrocorinthus
  • Cripes, Suzette!

  • Daniella's Misadventures
  • Did I Say That Out Loud
  • Dojo Mojo
  • Dossy's Blog
  • Down the Shore
  • DynamoBuzz

  • eCache
  • Enlighten-NewJersey
  • Eye On Hoboken
  • Exit 4
  • Exit Zero
  • Extreme-Psychosis

  • Fausta's Blog
  • Fausti's Book Quest
  • Fractals of Change
  • Frenchtown NJ Blog

  • GiggleChick
  • Gregg Gethard's Amazing Personal Journey
  • goethe re scape

  • Hoboken Rock City

  • IamBillPower
  • If this is paradise, I wish I had a lawn-mower
  • Imaginary Therapy
  • Inadmissible Evidence

  • Jersey Beat
  • Jersey Perspective
  • Jersey Side
  • Jersey Style
  • Jersey Writers
  • Joe's Journal

  • Karl's Corner
  • Kate Spot

  • Laughing At The Pieces
  • Likelihood of Confusion
  • Liss Is More

  • Mamacita
  • Mary's Lame Attempt at Fame
  • Media in Trouble
  • Michael Carroll
  • Mister Snitch!
  • MucknMire
  • My Life as a Rabid Blog
  • My New Jersey

  • New Jersey Eminent Domain Law
  • NJ Conservative
  • NJ Fiscal Folly
  • New Jersey For Change
  • New Jersey Weblogs
  • NJ Spoken Word
  • Northeast Corridor

  • Parkway Rest Stop
  • Philly2Hoboken.com
  • Poetic Leanings
  • Poor Impulse Control
  • Professor Kim's News Notes
  • Property Tax NJ

  • Rain Angel
  • Riehl World View

  • Shamrocketship
  • Shipwrecks
  • SloppyDawg
  • Sluggo Needs a Nap
  • SmadaNeK
  • Static Silence

  • Tami,The One True
  • Tammany on the Hudson
  • Tequila Shots For The Soul
  • The Art of Getting By
  • The Center of New Jersey Life
  • The Daily Fry
  • The Duc Pond
  • The Jersey Shore Real Estate Bubble
  • The Joy of Soup
  • The Mark(ings) of Zorro
  • The New Wisdom
  • The Nightfly
  • The Opinion Mill
  • The Pink Panther
  • The Political Dogs
  • The Rix Mix
  • This Full House
  • Tiger Hawk
  • Tomato Nation
  • Toxiclabrat
  • Twisty

  • Unbillable Hours
  • Usdin.Net

  • Where Is The Remote
  • Wine Goddess

  • Xpatriated Texan

  • Links

  • NJ Governor
  • NJ Legislature
  • Bob Menendez Information

  • Blog Rings

  • Blog Explosion
  • Blog Directory
  • Blogsnow
  • Blogwise
  • Blogstreet
  • Blogshares
  • Blogarama
  • Blog Digger
  • Daypop
  • Globe of Blogs
  • Blog Search Engine

  • Ecosystem Status

  • Who Links Here