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Tax Rebates in Doubt for Most New Jerseyans


corzine21.jpgTop lawmakers are casting new doubt that the government can afford to write property tax rebate checks for most New Jerseyans, while the governor is vowing to protect the rebates for senior citizens.

Gov. Jon S. Corzine held a private meeting with Senate President Richard Codey and Assembly Speaker Joseph Roberts Jr. on Thursday to outline a series of grim choices for the 2010 fiscal year, which starts July 1.

Afterward, Codey and Roberts acknowledged that rebates for most New Jerseyans are in jeopardy, though no final decisions have been made.

Cutting the rebates for all but senior citizens and the disabled would save about $1.1 billion.

The state faces a budget deficit of as much as $7 billion next year. The average New Jersey homeowner pays $6,800 a year in property taxes.

(Source: 1010WINS)



2 Responses

  1. Just another reason why it is stupid to consider “rebates” as a method of tax reform. If they want to do tax reform then they should cut the ridiculous spending that goes on in NJ municipalities, both over and under the table.

    For a start, they could get rid of pensions for most employees. Next, replace the unrealistic healthcare packages with something more like you’d find in the private sector. Don’t provide fringe benefits to part time city workers. Stop using Green Acres money to dig up and reseed existing grass and ballfields. There’s plenty of room to cut back before they start asking residents to cough up more pain.

  2. I guess this proves Corzine is full of baloney. He added great expense to New Jersey resident, making us, I believe, the most expensive state to live in, and cut back services while our house values got lower and lower. We are being overcharged and he does not have the money to do the right thing? Where is it going? Impeach Corzine. He is from the ilk that sank Wall Street.

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