Some 31 percent of the 1,031 New Jersey Society of CPAs members who werein August and September said the state's next governor should make reducing property taxes the No. 1 priority. More than 70 percent of the respondents said reducing property taxes was a top-five priority.
The remaining top-five priorities in order were improving the state’s infrastructure; converting public pensions to 401(k)s; auditing state agencies and programs for overspending and waste; and combining municipalities or increasing the use of shared services.
Other priorities for the next governor by order of importance included modifying the school-funding formula; increasing tax exemptions and incentives for retirees to keep them in the state; eliminating the inheritance tax or increasing the exemption amount; and evaluating corporate tax levels.