Corzine: Don’t Count On Property Tax Cuts
"Governor Jon S. Corzine is raising doubts about whether the state can afford a 20 percent property tax cut for some New Jerseyans."
"Corzine says he supports a recommendation by Democratic lawmakers to change annual rebate checks into direct property tax credits. But the governor tells the League of Municipalities, relief is constrained by resources.Corzine says providing relief and then retreating in a year or two because there's not enough money is not acceptable."
And
"Corzine said the state should put more incentives and penalties behind an effort to consolidate towns and schools and reiterated a call for a 4 percent cap on property tax hikes."
We’ll have more on property tax reform tomorrow.
"Corzine says he supports a recommendation by Democratic lawmakers to change annual rebate checks into direct property tax credits. But the governor tells the League of Municipalities, relief is constrained by resources.Corzine says providing relief and then retreating in a year or two because there's not enough money is not acceptable."
And
"Corzine said the state should put more incentives and penalties behind an effort to consolidate towns and schools and reiterated a call for a 4 percent cap on property tax hikes."
We’ll have more on property tax reform tomorrow.
Posted by Enlighten-NewJersey @ 8:26 PM
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2 Comments:
I keep noticing that none of the plans advanced to save us taxpayers money include any word on what State or redundant County offices or departments will be closed or consolidated. All the sacrifices, all the consolidations, all the diminution of soverignty is apparently planned to occur at the local (municipal) level only. Can you say "more centralization of power"?
Where are the State spending cuts?
And as an aside, is a 4% cap on property taxes to include school spending?
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