I enjoy Bruce Springsteen and Billy Joel as much as the next guy, Save Jerseyans.
But here’s a politically incorrect and entirely accurate observation:
New Jersey and New York taxpayers sent over $314 billion to the federal government in 2011 and will send even more in 2012 thanks to Taxmageddon.
Wednesday night’s “12-12-12” Sandy relief concert performers — many of whom are loud and proud Obama backers — raised millions of dollars for candidates who made that happen. Yet having just 20% of that 2011 federal tax load back at home (for one year only) would permit New Jersey and New York to rebuild the Shore themselves given that the current federal aid package (which includes Jersey Shore preventative improvements) is pegged at $60.4 billion.
Last night’s cumulative efforts brought in around $30 million.
More than a little ironic…
…and another solid argument in favor of my tax holiday! If I do say so myself.