Tuesday, December 8, 2009

Dagget's plan

Now here is an actual tax plan, whether it is a good one or not I will leave up to you but it is the most detailed.
The Chris Daggett tax plan cuts income tax to a 8.97% flat rate.
The Chris Daggett tax plan cuts corporate tax by 25%.
Chris Daggett’s plan cuts property tax by 25%
Under Chris Daggett’s plan the amount of taxes collected stays the same.
Daggett’s plan taxes services used by the rich, like Attorneys, Accountants and Architects.
http://njelection.wordpress.com/2009/10/27/the-chris-daggett-tax-plan-does-not-raise-taxes-read-the-truth/
Now that is a nice slant on it but it is the truth. Dagget wanted cuts and he planned to make them up by expanding what our sales tax encompasses. Now to say it only effects the rich is bias, a great deal of people need lawyers and accountants. I have heard it taxes haircuts and other much more simple things. All the same still not necessities, although I would hate to see if this plan increased at home hair cuts and brough back the bowl cut. It is however an idea and a detailed one, I have mixed feelings about it but I do not intend to dwell on them to much. After all Dagget did not get elected and I do not think Christie will be using his plan.

Christie's Victory

I have come to understand that Christie had the advanatge of a defensive campaign. Since June even Democrats thought Christie would take the win. So much so they debated switching canidates for a while. As a result Christie simly did not have to mess up his campaign. So he played it close to the vest he did not say alot of details to avoid them being used agaisnt them and he tried to stay out of the mudslinging. And he did a good enough job of this and won himself the election.

Tuesday, December 1, 2009

Reassessment

Here is an idea,

January 16, 2009

The Honorable Jon Corzine
Office of the Governor
PO Box 001
Trenton, NJ 08625

Dear Governor Corzine:

Declines in home values have resulted in a disparity between the market valuations of homes in New Jersey and the valuations at which those homes are assessed for the determination of property taxes.

Some homeowners have appealed their property tax bills based on these lower market values and have successfully had their assessed valuations reduced. While home values in many neighborhoods have fallen uniformly, this piecemeal approach to reassessment has the potential danger of shifting the tax burden to other homeowners who may not know how to appeal their assessments.

A published report in the Herald News on January 12, 2009 stated that property tax appeals in Passaic County rose by 70% last year. During the same period, the report states that appeals in Wanaque rose by nearly 300%. Similar surges in appeals have likely occurred across New Jersey.

These reports clearly demonstrate that hard financial times are forcing people to scrutinize every expense, including property tax bills that are based on outdated valuations. We can be certain that an even larger flood of appeals can be expected in this difficult year. In these extraordinary times, we should investigate a comprehensive approach to reassessing home values statewide.

We have called on the Senate Budget and Appropriations Committee to hold hearings on the possibility of a statewide reassessment of property values. Cooperation by the State Division of Taxation is obviously essential to any review. We certainly hope that your Administration will support this effort to ensure uniformity in property assessments as the state works through our fiscal difficulties.

Sincerely,

Tom Kean
Senate Republican Leader

Robert Singer
Senator, District 30

Now this is an almost one year proposal and on the blog I got this from there was a following blog about tax reassessments cards. Now I did what any professional would do I asked my mommy and she said she had not received any such thing. Taxes are after all done by town so a letter to Corzine is not going to really work. However it is not a bad idea. Oh by the way that blog I linked is basically mine but admittedly better. In my defense I post more often so ha. In his town there was a reassessment. So it is being done in some places in the state. It would be a good idea for the governor to mandate it.

Wednesday, November 25, 2009

Property Tax

I am going to focus in now on property tax in New Jersey so to start let's discuss it in general. First and foremost property tax is you guessed it a tax on your properties value. Now this state has been recorded as having had the largest property tax in the country. It is ridiculous how much a piece of land will cost you here after you buy it.
An issue here is this state's debt. When we owe so much it is hard to tell where the money actually goes there is always money moving out of its right path to fix another problem with the debt. Further in this state we rely on our property tax to handle 50% of our local funds. Most of the money that runs the schools and local governments comes from the people's property taxes.
It is the job of the town to charge a property tax and in this state the towns get little funding from the state government so they need to further increase this tax. One of the issues here is just how many towns this state has, there are so many that the state government must be given some slack for having so much difficulty managing it all.
Christie's plan of action is still murky, but for those who do not realize it, the man is not in office yet. Corzine is still in control in the lame duck period, named that for the lack of productiveness to come out of the period. Christie has so far mentioned consolidation, blurring town lines and making town work together to get their basic responsibilities done. Jobs will be lost in the process but many are likely unnecessary. Christie is taking a if you not part of the solution your part of the problem stance with local leaders.
Specifics to follow

Tuesday, November 17, 2009

Christie still vague but with reason

Choosing to discuss the governor's tax plan has taken an unexpected turn for me because, well frankly he is not being very frank about it. However an article I read at nj.com, dated yesterday says christie is planning on talking taxes soon. The issue is he plans cuts, it is partially why is he was elected, but the state currently has an $8 billion deficient.
Now most will say he is being vague because he does not know and just said it to get elected but I found an interesting different opinion. An article in the New York Times written by and old friend of Christie and a democrat at that. Even though this man has issues with Christie's politics he praises him as an honest, kind, and nice man. He says that Christie is not a man who likes to go back on his word so he has yet to make any real promises for fear of braking them. I recommend those who do not like Christie to read this article, and those who do not know much about him. It seemed and honest look at the man.

This is still vague but believe that Christie will cut taxes. That is what he was elected to do, it is what the people want. What exactly he will do and if it will help the state ... Time will tell.

Tuesday, November 10, 2009

Some of Christie's tax ideas

Now Healthcare has been a big issue, so a quick side not will be made, when on one of my previous sources, from the last post I learned this. Democrats have claimed Christie wants to take Mammograms off of insurance. The real deal however is he wants to let insurance companies offer plans where they can take them off to lessen the price for young females. It is recommended to start getting a mammogram at 40 so young women do not need this in their policies.

Info from: http://blog.nj.com/njv_gregg_edwards/2009/08/corzine_steals_from_palins_pla.html

A blog states that Christie's tax policy is to cut taxes and that he is otherwise unspecific refusing to expound on this.
Info from: http://blog.savejersey.com/2009/05/26/wall-street-journal-to-chris-christie-your-cheap-shots-can-hurt-everyone.aspx

His plan is to cut taxes stressing all taxes including rich and corporate

info from: every website I looked at


When searching for Christie policy I saw him more in comparison to Lonegan than Corzine which suggests after he beat Lonegan for republican nomination his tax plan, which had little detail, of cutting taxes was good enough in comparison to Corzine's track record, this does not bode well however for us. There were even unrealted things on google's first page, saying not much has been said. Not saying much means its hard to say a lot of bad, but the devil is in the details, or here possibly the lack there of.



Corzine's tax policy

According to republicans it is not very good, but they do have backing for this. A great deal of people are leaving this state because they can not afford to live here due to Corzine's high taxes. Corzine attempted to draw attention away from this in 2008 by saying there was a increase in migration of people who buy homes worth more than $ 500,000. This is not everyone however and it is not exactly the working-poor democrats represent.

Info from:http://www.njassemblyrepublicans.com/press_release.php?id=301
It should be further noted that this site's current homepage is all about Corzine's expensive tax policy.

A personal blog said that, Corzine's policy taxed people's health insurance making it even less affordable. While calling Health Care a right and not a privilege

Info from: http://blog.nj.com/njv_gregg_edwards/2009/08/corzine_steals_from_palins_pla.html

The most reliable source is from ontheissues.org and shows several specific things Corzine did to reduce taxes liking cutting the marriage penalty and how much money he has given back, meaning he took it in the first place. Most importantly in this article is the NTU name drop the National Taxpayers Union gave Corzine a 17%, here the higher the better, meaning he is a huge spender. The NTU is a non-partisan organization
Info From:http://www.ontheissues.org/Governor/Jon_Corzine_Tax_Reform.htm

With all this is seems clear Corzine was indeed a big spender and this is no doubt one of the main reasons he was not reelected, the question now is how Christie will compare