Monday, February 19, 2007
NJ Democrats: Veterans and Memorial Day are meaningless
Seriously. We're not joking. They really did it. And it passed both houses of the Legislature.
Thankfully Governor Corzine conditionally vetoed the bill and the two days were added back in to the costly government mandates.
Labels: Bonnie Watson Coleman, John Adler, Jon Corzine, new jersey, property tax
Tuesday, February 06, 2007
A few Democrats get it
We're gald to see that a few Democrats understand that the watered down "credit" proposal doesn't solve anything.
But Sens. John Adler, D-Camden, and Nia Gill, D-Essex, questioned how the state would pay for the $2 billion credit program in the long run. A financial quirk gives the state government extra money to use for this year only. Adler and Gill both said the credit program, which will take the bite out of tax bills but not address root causes of high property taxes, falls short of true reform.
"If we were selling this tax package as a product, we would be in violation of the Consumer Fraud Act," Gill said. She later added, "In plain language: We do not have the money to pay for this."
Adler said the caps had been "gutted" and called for lawmakers to go back to the property tax reform drawing board, rather than pass watered-down bills and declare them "good enough."
"We should step back, take a breath, ask for a do-over," Adler said.
At the end of the day this bad bill will become a bad law.
But at least some Democrats understand that it won't solve anything.
Labels: John Adler, Nia Gill, property tax, property tax reform
Sunday, February 04, 2007
The Asbury Park Press gets it wrong
This is all quite simple: A property tax credit is not a property tax cut.
Joe Ryan of the Star-Ledger gets it right by calling the Democrats' plan what it is -- property tax relief.
But remember, property tax relief through tax credits is not property tax reform.
Labels: Asbury Park Press, Associated Press, new jersey, property tax, property tax reform, Star-Ledger
