"Knowledge will forever govern ignorance

 and a people who mean to be their own governors

 must arm themselves with the power which knowledge gives."

Wednesday, November 15, 2006

Freaking Out Over Property Tax Relief

Today Democrats will unveil Trenton’s grand new scheme for property tax relief. Various elements of the plans have been leaking to the press for some time, so it’s doubtful we’re in for any new shockers. There’ll be no major property tax reform or relief – just additional state spending to the tune of $1 billion and a repackaged property tax rebate to be called a credit. If you’re not receiving much in the way of property tax relief now, you won’t under the new system either.

The Star-Ledger’s Tom Moran writes,” Democrats and government workers are normally the coziest of friends” and explains that’s “because the vast majority of the money we raise through the property tax goes directly into the salaries and benefits of government workers.”
But the math is inescapable. We have among the best-paid teachers and cops in the country. And we provide all government workers with cushy benefits that are be yond the dreams of most taxpayers.
So we get phony spending caps, smoke and mirrors to advance the Democrats’ latest vote buying scheme. Senate President, Dick Codey says New Jersey’s public employee unions are going to “freak out, big-time" over the “property tax relief” proposals. So where’s that $1 billion in additional state spending going to wind up? Oh yea, from your pocket, to the state’s treasury and then “directly into the salaries and benefits of government workers”.

How bad is this latest scam for taxpayers? Consider this from today’s Star-Ledger, “Assembly Democratic aides briefed lobbyists on the latest recommendations throughout the day yesterday. Meanwhile, Republican lawmakers still had not been given draft copies of the reports being presented by panels they served on.”

Update: Here’s the plan, or should we say here are nearly 100 ideas Democrats have to rearrange the deck chairs.



3 Comments:

At 8:51 AM, Anonymous njcons said...

Mulshine got it right today. (as with most days)

 
At 1:06 PM, Blogger Dino P. Crocetti said...

I saw on the news yesterday that new tolls are being discussed for the remaining roads in New Jersey that don't have tolls. It's being called "farfetched".

Being that I can remember a time when "Senator Menendez" seemed farfetched, I am needless to say, skeptical at best as to just how "farfetched" this idea is.

 
At 1:15 PM, Anonymous lou said...

after reading " the tax reform plan " ,I noticed that it included that the tax burden to the avg. houshold was only 5% of total income ... {it sounded low to me }.I'v read the avg property tax was a little over $6,000,so that would mean the avg household income was $120,000....Now Ive read before that the avg household income was 77,000 in N J ...which sounds about right which would make the property tax burden closer to 8%.

 

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