Taxes


Ex-N.J. treasurer: 11 observations to guide you through N.J.’s tax policy

Andrew Sidamon-Eristoff Every four years, like a scene from “Groundhog Day,” candidates for New Jersey governor serve up a warmed-over menu of policy platitudes. My favorites concern taxes. No issue that touches so many people invites more political obfuscation, misrepresentation, and outright nonsense. Here are a few observations to help you make sense of it […]



See, We Told You So: President Trump may soon validate N.J. gas tax opponents’ fears

Back in June of last year, I had a written a few articles about the ill effects of the gas tax here at Matt Rooney‘s Save Jersey Blog. I warned you how, on top of the then-proposed New Jersey gas tax increase, a proposed federal increase would raise the gas tax by $10 per barrel — about 24 […]

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WATCH: Webber explains why property tax relief is “not complex”

Asm. Jay Webber (R-26) visited the Rockaway GOP last week and dispensed some valuable advice for every New Jerseyans contemplating the property tax crisis… Listen: Rockaway GOP knows: It's not complex. Real property-tax reductions come when $13B Property Tax Relief Fund goes to its named goal. Posted by Jay Webber on Friday, April 28, 2017 […]

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ROONEY RANTS: Don’t Blame Trump For Trenton’s Inability to Cut Property Taxes!

It’s always easier to react than think these things through, Save Jerseyans, especially when you’re part of the problem. Exhibit A: the New Jersey-based reaction to President Donald Trump‘s plan to eliminate state and local deductions (as part of a global tax reform package) which could increase New Jersey residents’ average tax bills by more than $3,500. Democrat reactions have […]

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TAX FIGHT LOOMING: Lance Vows to Fight Trump’s Plan to End the Property Tax Deduction

The Trump Administration‘s tax plan is getting mixed reviews in the early going, Save Jerseyans, with the U.S. Chamber of Commerce and some on Wall Street jumping for joy and others, like the National Association of Realtors and even in the president’s own party, questioning whether some of the changes will do more harm than good for the […]

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Can Guadagno’s ‘Circuit Breaker’ Short-Circuit Rising Property Taxes?

Lt. Gov. Kim Guadagno Kim Guadagno, the state’s lieutenant governor and a leading Republican gubernatorial candidate, has come up with a novel “circuit-breaker” approach to providing New Jersey residents with relief from the state’s ever-rising property tax bills. But her proposal has also met with skepticism and claims of irresponsibility, since she hasn’t identified a […]


Guadagno Allies Bucco, Cosgrove Sing the Praises of Her Property Tax Pitch

Two of Lt. Gov. Kim Guadagno‘s leading North  Jersey supporters offered full-throated endorsements of her “circuit breaker” property tax plan this week.   “Lieutenant Governor Guadagno‘s plan shows she is serious about providing real relief to struggling homeowners,” said Fair Lawn Mayor John Cosgrove. “She has outlined specific ways to save billions of dollars to […]

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Guadagno Rolls Out Property Tax “Circuit Breaker” Plan

A circuit breaker acts to prevent the flow of electricity from reaching unsafe levels. Lt. Gov. Kim Guadagno wants to implement a similar mechanism for New Jersey’s highest-in-the-nation property taxes. Her property tax ‘circuit breaker’ unveiled Wednesday morning would kick in whenever “the school portion of a homeowner’s property tax liability exceeds 5% of their yearly household […]

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Guest Op-ed: Morris County’s Budgets Are Headed In The Wrong Direction

For the second year in a row, the 2017 Morris County budget increases taxes by nearly $8 million or 3.4%. What’s worse: there was a major error in the budget presentation. I served as a Morris County Freeholder from 2013 to 2015 when Morris County taxes actually went down $5 million.  Monmouth County introduced a 2017 […]

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VIDEO: Ciattarelli Challenges Guadagno’s Gas Tax Opposition Record in New Web Ad

Another day, another N.J. GOP primary aerial bombardment…. Last October’s historic gas tax hike is likely to remain an issue in this year’s election (and appropriately so), Save Jerseyans, and Asm. Jack Ciattarelli released a new 52-second web ad on Wednesday questioning whether his gubernatorial primary opponent’s present opposition is sincere. It’s the latest salvo in a […]

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Pennacchio: Jersey City’s New Plan is ‘Too Little, Too Late’ After Years of PILOT Abuse

PILOT (payment in lieu of taxes) remains one of the driving yet popularly unknown forces driving property taxes in New Jersey. One of the prime offenders? Jersey City which is now pledging to share some of its tax abatement revenue with the local school district. The plan is to share 10% of the annual take but does NOT include […]

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Trump’s Budget Cuts Face Resistance From Republican Lawmakers

Republican leaders are voicing disapproval of budget cuts proposed by President Donald Trump. “I doubt there’d be a lot of appetite for dramatic cuts this year,” Senate Majority Whip John Cornyn, R-Texas, told Roll Call. “I just look at it as a conversation. They’ve got their views, we’ve got our views, and we need to […]



Twitter Just SHREDDED Rachel Maddow Over Trump Tax Return ‘Story’

MSNBC’s unapologetic liberal “journalist” Rachel Maddow lit the internet on fire Tuesday night when she teased via Twitter that she’d gotten her hands on President Donald Trump’s tax returns – a scoop that would have been pretty juicy, considering Trump never released his tax returns during the presidential campaign as all other modern-era presidents have […]