Lawmakers say Governor’s excessive spending and increasing taxes to blame
In 2019, New Jersey was ranked the highest in the country for residents moving out of state. The 10th District Legislators, Senator Jim Holzapfel and Assemblymen Greg McGuckin and John Catalano address the exodus of residents and point to the unending tax increases and excessive spending under the Murphy administration in his effort to turn New Jersey into the next California.
Holzapfel, McGuckin & Catalano address the exodus of residents and point to the unending tax increases and excessive spending under the Murphy administration. (©iStock)
“For far too long New Jerseyans have watched as Governor Murphy slashed school funding, increased the minimum wage and catered to undocumented immigrants,” stated Senator Holzapfel. “Our property taxes are astronomical and the overall cost of living and running a business in this state has forced residents to move elsewhere. The Governor’s extreme measures in response to the Coronavirus pandemic have left a lasting impact on our state’s economy which will leave a lasting impact for years to come.”
Earlier this month, the Assembly voted along party lines to approve Gov. Phil Murphy’s borrowing plan, which would allow the state to issue up to $5 billion in bonds and borrow as much as $9 billion in short-term loans from the federal government. Assemblymen McGuckin and Catalano both voted against the measure and Senator Holzapfel will vote against this measure when it comes up for a vote in the Senate.
“Prior to the Coronavirus pandemic, Murphy and his administration pushed New Jersey further into debt with excessive spending and incentives for urban areas and undocumented immigrants,” added Assemblyman McGuckin. “Now the Governor plans to add another $9 billion to our deficit without voter approval, it’s unconstitutional. We plan to fight this bill and want the voice of voters heard.”
According to data from United Van Lines, in 2019, New Jersey experienced the highest number of departures among all states. One-third of the people cited retirement as a reason for leaving.
“Our middle-class residents are leaving in unprecedented numbers to locations where property taxes and real estate is more affordable,” stated Assemblyman Catalano. “As we face the uncertainty of the pandemic and the economic fallout on the horizon, it’s clear that many people feel New Jersey is not a desirable place to live, raise a family or own a small business. Our delegation will continue to fight for lower property taxes, tax breaks for our middle class, and the school funding we rightfully deserve.”
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