NJ has highest state tax burden & it's getting worse
New Jersey has the highest tax burden in the country and it's getting worse--the latest Corzine budget just raised taxes by another $1.2 billion. We're also burdened with the highest property taxes in the country, but that didn't stop Jon
Corzine from taking away property tax rebates from 1.2 million New Jerseyans in this year's budget.
In fact, Jon Corzine and Jim McGreevey have raised taxes on the average New Jersey family by more than $10,000 since 2002--over
$22 billion in taxes, the highest in the nation.
This will change in a Christie Administration. Highlights from Chris' plan to cut our taxes:
Provide Property Tax Relief
Reduce New Jersey's Income Tax
Across the board cut for all taxpayers
Additional cut or credit for NJ-based small businesses
Reduce the Corporate Business Tax Rate
Eliminate the double taxation on New Jersey's S-Corporations
Lonegan said he would do away with property tax rebates and equalize school funding in all districts to lower property taxes. Christie said he would keep the rebate program.