Local Government Tax Shell-acking Game
The people of New Jersey spent $38.2 billion for local government in 2006. That’s the total amount spent for all public schools, municipal and county governments in the state. It breaks down to $4,378.44 for every man, woman and child in the Garden State.
Property taxpayers paid $20.9 billion of the total tab for local government, of which $15.4 billion was picked up by homeowners. State taxpayers contributed $13.3 billion and other local and state revenue sources funded the remaining $4 billion.
This means homeowners paid 40.3 percent of the cost of local government in 2006 before receiving direct property tax relief of $1.7 billion in the form of property tax rebate checks and credits. Of course state taxpayers paid for this property tax relief program too while the cost of local government remained unchanged at $38.2 billion.
The system for financing local government in New Jersey is one very complicated shell game. The object of the game is to spend as much as you dare while getting the other guy to pay for it. We’ll show you how the Local Government Tax Shell-acking game is played in future posts.
Property taxpayers paid $20.9 billion of the total tab for local government, of which $15.4 billion was picked up by homeowners. State taxpayers contributed $13.3 billion and other local and state revenue sources funded the remaining $4 billion.
This means homeowners paid 40.3 percent of the cost of local government in 2006 before receiving direct property tax relief of $1.7 billion in the form of property tax rebate checks and credits. Of course state taxpayers paid for this property tax relief program too while the cost of local government remained unchanged at $38.2 billion.
The system for financing local government in New Jersey is one very complicated shell game. The object of the game is to spend as much as you dare while getting the other guy to pay for it. We’ll show you how the Local Government Tax Shell-acking game is played in future posts.
Labels: Local Government Spending, New Jersey, Property Taxes
Posted by Enlighten-NewJersey @ 10:41 AM
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12 Comments:
excuse me big prof, but nobody here said no government and no taxes. The rate of spending does need to be controlled, however for the long term economic health of the state. Even Corzine wants to avoid additional tax increases.
Even Corzine wants to avoid additional tax increases.
Nothing he has done thus far leads me to that conclusion.
Nothing he has done thus far leads me to that conclusion.
Bob's right, although I think ridgewood's idea could be made to fit the situation with a minor edit:
Even Corzine wants to avoid getting blamed for additional tax increases.
Ken and Bob
I think Corzine has said he wants to avoid additional income tax increases. Whether he actually does it is another matter, I admit. I do think at least some dems realize that the tax increases must stop, or the state will become an economic basket case. I
Jon Corzine simply wants to resort to the same gimmicks and quick fixes that Governors past, Republican and Democrat have resorted to and have gotten us into the mess that we're in today.
It appears that he is simply too afraid to go up against organized labor to do what is necessary to fix the state's economic woes. It was after all, organized labor that got a large demographic of his vote out and he is well aware of how much power and influence they have in New Jersey. They could easily pursuade a Dick Codey or Rob Andrews to challenge Corzine in the '09 Democratic Primary if they feel that Corzine is not doing right by them.
It's a shame that there are no Ronald Reagans around anymore to say, You're all fired!
You're probably right. If we could elect a criminal to the US Senate, we're more than capable of re-electing a dinosaur.
HA!! I know, wishful thinking on my part!
I think Steve Lonegan would be exactly what New Jersey needs in a Governor. Unfortunately, he would never win in a million years. That being said, he's still got my vote.
I seriously hope that the Feds investigate all of the politicians and bust all of them. They are all crooks.
Everyone elected does two things: Find new ways to spend money. Find friends public jobs or get friends contracts.
If the state wants to cut local property taxes it has to do this as a start:
1)Stop finding new ways to spend money. How many new projects, funds, organizations, entities have been created over the past year?
2)Start small and slowly take over services provided by local governments. Easy example: marriage licenses. Why can't thousands of local secretaries doing manual paperwork be replaced with one centralized web form managed by the company that won via the lowest bid?
3)Control management. Most management in NJ state and local governments are cushy overpaid jobs that have absolutely no accountability and are stock full of politically appointed under qualified idiots. If you watch The Office, you'll know exactly what most state managers are like.
Party bossism has gotten so out of control in Hudson that when West New York Mayor/Assemblyman Albio Sires went to Washington, he gave the District freeholder Sal Vega both of his old jobs. I went in depth about this issue since Tom Moran saw fit to write a commentary that ran in the Jersey Journal as to why he feels that Jon Corzine should be more like Eliot Spitzer and publicly chastize his own party. Basically, my response explained why this is not possible.
Corzine not be corrupt himself but the people that got him where he is today are and he realizes that he only has so much power. Political hacks who are dual office holders who act as though they are untouchable are doing a ton of damage to our state and they have intentionally stacked the deck in their favor so they never lose.
Our state is being picked apart by vultures. Unfortunately, there seems to be no end in sight.
One, because he had the money to run, two because he was tired of being in the minority in the US Senate and three because he had the money to run.
That pretty much sums it up.
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