Democratic Lawmakers Demand Property Tax Cut (Video)

Luke Caulfield | February 22, 2012 | Budget
Governor's proposed income tax cut 'won't fill the tank of a middle-class family's minivan'

In ending his budget address to the legislature, Gov. Chris Christie urged lawmakers to enact his across-the-board 10 percent tax cut, now that the state has put its fiscal house in order.

It didn’t take long for Democrats to fire back, deriding his plan as coddling the wealthy by rewarding them with thousands of dollars in savings at the expense of the middle class.

They also criticized the proposed budget for banking on overly optimistic projections that incoming revenue in the 2013 fiscal year would rise by more than 7 percent.



Others suggested it is too early to declare New Jersey’s fiscal house in order, not when a report in NJ Spotlight suggested property taxes have risen 20 percent in the past two years.

Given the tough rhetoric from both sides of the aisle, it the debate over what taxes, if any, will be cut in next year’s budget is likely to dominate the debate in Trenton over the next four months.

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