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Chris Christie on Tax Reform
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FactCheck: NJ taxes raised 115 times? Only if fees count too
Christie claimed "taxes were raised 115 times in the eight years before I became governor" and those increases were part of a "path that led to wealth and jobs and people leaving our state."But those increases included raising taxes, fees and other
tax policy changes. Also, there are many other factors affecting the loss of jobs, wealth and residents. For that statement, the governor received a Half True.
Christie also claimed naysayers said it was "impossible to balance a budget at the same time, with an $11 billion deficit" and "we did it."
The deficit figure Christie cites refers to a $10.7 billion projected structural deficit, a calculation
Christie uses to his advantage in his first budget year but has since dismissed as the old way of budgeting. Christie received a Half True.
Source: PolitiFact on 2012 Republican National Convention speech
, Aug 28, 2012
2009: Single tax rate would raise taxes for low earners
2009: Single tax rate would raise taxes for low earners
Christie looked beyond the GOP skirmish, targeting Corzine, while Lonegan focused on the primary. Lonegan wanted to ditch the state's progressive income tax for a single rate of 2.9%, eventually dropping to 2.1%.
Source: Rise to Power, by B. Ingle & M. Symons, p.138
, Jun 5, 2012
Reduce all income tax brackets by 10% and restore EITC
In my budget, I will fulfill a promise I made to all the people of New Jersey in 2009. Real relief from the heavy income tax burden that has strangled our families and forced many to move away. I propose to reduce income tax rates for each and every
New Jerseyan. In every tax bracket. By 10% across the board.
I also propose to fully restore the earned income tax credit for New Jersey's working poor, which we were forced to cut during the dark days of 2010, when growth was gone & we had no money.
Understand what this means--every New Jerseyan will get a cut in taxes. The working poor. The struggling middle class. The new college graduates getting their first job. The senior citizens who have already retired. The single mom. The job creators. The
Source: N.J. 2012 State of the State Address
, Jan 17, 2012
We can and we must lower taxes
I believe we can and we must lower taxes. Lower taxes will invite back businesses, jobs, employees, residents and students. More people paying taxes means more revenue- Reduce the personal income tax
- Restore property tax relief for everyone
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Eliminate the "double-taxation' on New Jersey S-Corporations
- Eliminate special interest labor union giveaways that increase taxes
- 2/3 majority vote to impose new tax or to increase existing tax.
Source: 2009 Gubernatorial campaign website, christiefornj.com
, Nov 3, 2009
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
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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
Source: 2009 Gubernatorial campaign website, christiefornj.com
, Jul 21, 2009
Keep property tax rebate program
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.
Source: Newark Star-Ledger coverage: 2009 N.J. gubernatorial primary
, May 26, 2009
Page last updated: Apr 25, 2013