The legislators of the 10th District, Senator Andy Ciesla and Assemblymen Dave Wolfe and Jim Holzapfel, responded to Governor Corzine’s budget plan, which would directly and indirectly raise taxes for nearly all middle-class New Jersey residents.
“Governor Corzine’s budget proposal would remove property tax relief for middle-class New Jerseyans who are already struggling to survive in this tough economy,” said Ciesla. “Now is the time when the people of New Jersey are most in need tax relief, but Governor Corzine is offering little more than higher taxes.”
As part of his budget proposal, Governor Corzine had proposed eliminating the property tax deduction that New Jersey homeowners could claim on their state income taxes. For most middle-class families, this lost deduction would raise their income tax bills by around $500. After massive public backlash, the Governor was forced to restore the deduction for families earning less than $150,000.
Corzine has recently stated that he still intends, however, to completely eliminate property tax rebates for residents with household incomes of more than $75,000 a year, and will only provide reduced rebates for those with incomes between $50,000 and $75,000.
“In Governor Corzine’s first three years in office, New Jersey residents have seen a 17% increase in their property taxes, as well as expensive increases in the sales tax, tolls and other state fees,” said Assemblyman Wolfe. “Corzine is trying to maintain extravagant spending in the state budget without any concern for our household budgets. How much more can the average taxpayer take?”
The Governor originally proposed eliminating property tax deductions and rebates for middle-class families as part of a massive spending plan which also includes $1 billion in tax hikes and cuts in municipal aid, which will force property taxes higher.
“Rather than implementing a responsible budget, Governor Corzine continues to attack the middle class, ” said Assemblyman Holzapfel. “Republicans have repeatedly provided common-sense solutions to make New Jersey more affordable, but Corzine seems more concerned with finding new ways to tax people.”
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June 12, 2009
