Sunday, May 31, 2009

Time to Redline Corzine

If Corzine were serious about bringing the state in order he would have phased out the pension system, raised the retirement age for state employees to the same as those in the private sector (no retiring before the age of 62), stop the borrowing without voter approval, and eliminate the corporate business tax, allowing industry to grow in New Jersey.

Instead he has raised taxes over 55% on just about everything imaginable since taking office. The 1% sales tax increase did nothing to aid the taxpayers of this state, and now the rebates are being taken away. He tried getting the taxpayers to vote for ½% dedicated strictly to property tax on the ballot, thereby ending any chance of property tax reform in the future. We already know his history on dedicated funds, such as taking the $4 million from the EMT fund to balance the deficit, as one example. Corzine had proposed the closure of 9 state parks to save $4.5 million, changed his mind and decided to build an $87 million park by using money from the Corporate Fund Tax.

The legislature is now considering if municipalities will be allowed to charge a local sales tax on real estate transfers when you sell your home.

With over 630,000 people out of work, business moving out of state taking workers and much needed revenue with them, more foreclosures predicted on the horizon, can we afford four more years of tax increases? Even should there be a slight climb in the economy, how long will it be before we get

Any state spending should be put on the shelf, maintaining necessary current projects on the books without further increases.

Taking more money out of the very pockets from those who are needed to nourish the economy, keeping business from growing, taking money from dedicated funds, and placing increased taxes on all to replace the states wasted spending and mismanagement is just plain irresponsible.

According to a Monmouth University/Gannett New Jersey poll, Governor Corzine has failed to get a grip on government finances.

It’s time to draw a line through the bureaucratic waste; it’s time to redline Corzine.

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