Slowing the Bleeding

Kudos to Senators Kevin O’Toole (R- Essex/Bergen/Passaic) and Joe Pennacchio (R-Morris/Essex/Passaic) for quantifying the effect of Governor Chris Christie’s tax policies.

The chart is self-explanatory, Save Jerseyans: property tax rates have increased “just” 3.2% annually under Governor Christie; that’s less than half the 6.6% average increase under Governors McGreevey and Codey and significantly less than what taxpayers suffered every year under Governor M.F. Corzine.

Certainly the Gov’s “Cap 2.0” initiative has played a huge role. Granted, “just” 3.2% ain’t good enough and the Governor will readily concede that point. And will “just” 3.2% be enough to prevent Democrats from criticizing the lack of property tax reductions in 2012? Of course not.

Just don’t expect them to bring up the 60% increase that occurred during their time in absolute control of Trenton; the Dems who made that property tax boom possible are still in charge at the State House.

Imagine what the Guv could do if he had a Republican legislature? We might be talking about a 3.2% average reduction, Save Jerseyans.

 

Matt Rooney
About Matt Rooney 8437 Articles
MATT ROONEY is SaveJersey.com's founder and editor-in-chief, a practicing New Jersey attorney, and the host of 'The Matt Rooney Show' on 1210 WPHT every Sunday evening from 7-10PM EST.

3 Comments

  1. Another deceiving graphic by this website. When taxes are higher then the percentage will be less but the amount of money is about the same and that is what really matters.Christie is a fraud, how about you add the doubling of taxes we now pay in tolls!

  2. OK Kooist, I just did the dollar analysis based on the numbers on the chart you wanted but were too lazy to do yourself.

    The average annual dollar increase under McGreevey/Codey was $350, Corzine was $315 and Christie $239.

    Sorry to burst your bubble there, but your analysis makes it look even BETTER for Christie.

    Aren't facts a bitch?

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