Despite having the worst tax climate in the nation, New Jersey still faces a massive budget deficit. Now the Governor is scratching his head as to how to make ends meet. And he is trying to force you, the taxpayer, to foot the bill. He is raising taxes again!
Under the proposed 2010 budget, Governor Corzine will:
· Raise taxes on businesses, the state's upper income job producers, and anyone buying cigarettes, wine, or liquor
· Eliminate income-tax deductions for property taxes paid, increasing income taxes for homeowners
· Increase the payroll tax to prop up the dwindling unemployment-insurance fund
That will mean higher taxes once again in NJ including:
· $380 million raise in income taxes
· $80 million in increased business taxes
· $48 million tax hike on cigarettes, alcohol and wine
· $30 million in increased motor vehicle fees
After years of increasing taxes and state spending- New Jersey has had enough.
The Governor said he has cut spending in this budget- but it’s not nearly enough—sign your petition today and urge Governor Corzine to cut spending further. We simply can no longer afford the highest taxes in our nation.
You and I want New Jersey to be prosperous once again- If Governor Corzine wants New Jersey back on its feet he cannot raise taxes to keep government’s spending high.
All of us are being prudent during these times, and Governor Corzine should be too!
Remember:
· Governor Corzine has begun cutting spending from the budget, but we urgently need to cut more- NJ cannot afford to fund unnecessary programs paid for by hardworking taxpayers
· Even with New Jersey’s federal stimulus funds, which is simply future tax dollars printed in today’s money, the Governor from increasing our taxes! And these stimulus funds will mean even more taxes
· Less Spending, not Higher Taxes is the Answer-- Taxes hurt economic activity, period.
Sign your online petition today and urge Governor Corzine to cut spending even further!
Dear Governor Corzine:
I understand that you are grappling with how to deal with a projected $7 billion dollar deficit. There are two ways to fill the budget hole – raise taxes (or borrow which is a delayed tax increase) or) or cut spending. Given New Jersey’s tax rate is already one of – if not the highest – in the nation, it, it would be economic insanity to raise our taxes.In fact, our sky high taxes have already – according the US Department of Commerce -- cost-- cost New Jersey’s economy to have one of the 15 slowest growing economies in the nation. The same report indicates that New Jersey’s economy would be $20 billion larger if it had grown at the national average.
Government spending does not lead to increased prosperity-- lower taxes – and allowing New Jersey Citizens to keep and invest more of their own money does.
I understand there will be enormous political pressure from state employees and others who depend upon our tax dollars not to cut spending. However, this would mean a tax increase for the hard working citizens of New Jersey – or in effect, my pay would be cut to pay for special interests programs.
I am writing to urge you to view this budget deficit as a warning that spending has gotten completely out of control. Now is the time to eliminate hundreds of programs which – while they may sound nice – are not essential. Equally important, we can no longer afford to provide government employees with gold plated benefits and pensions.
Great leaders snatch victory from defeat. You can snatch prosperity from budget crisis. As a concerned citizen of New Jersey, I urge you to cut out all but the most essential government spending.
Most Sincerely,