Tax Burden on New Jersey Familites Takes Its Own Toll
Senate Republican Leader Tom Kean and Assemblyman Jay Webber, chairmen of the Taxpayer Protection Caucuses in the Senate and Assembly, today issued this statement marking New Jersey’s Tax Freedom Day of Wednesday, May 7. The Tax Foundation’s Tax Freedom Day is the day when Americans finally have earned enough money to pay off their total tax bill for the year. New Jersey’s Tax Freedom Day of May 7 is the second worst — that is, latest — in the entire country. In 1970, the first year that the Tax Foundation could collect data, New Jersey was 19th on the Tax Freedom Day list, and the date was April 18th.
Senator Kean stated: “Only after tomorrow, New Jersey’s Tax Freedom Day, will New Jerseyans finally be working to house, clothe, and feed their families. That’s much too late. The Trenton Democrats keep pushing Tax Freedom Day even further back with their tax hikes, and apparently won’t be satisfied until New Jersey’s workers are the most taxed people in the nation.”
“This year, the average New Jerseyan had to spend 127 long days — well more than 4 months — working just to pay his or her total tax burden. It’s no wonder we are losing so many of our family members, friends, and neighbors to other states. We stand together with the members of the Taxpayer Protection Caucuses to make New Jersey affordable again. We want our State to be a place where people want to live, not a place they need to leave,” said Assemblyman Webber.
“That’s why our shared commitment on the Taxpayer Protection Caucuses is to oppose any tax increases on New Jersey’s already-overtaxed citizens. Only with a true commitment to tax relief and reduced spending can we help New Jerseyans work less for Trenton, and more for their families,” stated Kean and Webber.
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