Senate Republican Whip Kevin O'Toole of Cedar Grove wonders if Governor Jon Corzine has ever totaled the cost of the burdens he has loaded onto the backs of New Jersey's middle class during his three years in office.

Raise taxes on businesses and executives during a recession? Only Job-Killing Jon would propose such a thing.

Ending the deduction on property taxes is the wrong thing to do when many New Jerseyans are struggling to keep their homes, says Senator Tom Kean

Only a multi-millionaire would propose eliminating the property tax deduction in a year when thousands of New Jersey residents are struggling to keep their homes.

GREENWALD BILL FOR TAX AMNESTY
CLEARS ASSEMBLY COMMITTEE HURDLE
Measure Seeks Payment of Estimated $100 Million in Back Taxes
To Help Close Gap in Current Fiscal Year's Budget

(TRENTON) - Legislation Assembly Budget Chairman Louis D. Greenwald sponsored to create a temporary amnesty program to enable individuals who owe the state back taxes to come clean without fear of civil or criminal penalties was released today from committee.

Republican Senate Budget Officer Anthony Bucco says he is disappointed, but not surprised that Governor Corzine is looking first at eliminating property tax relief before cutting other spending from the state budget.

The New Jersey School Boards Association and the Princeton University Policy Research Institute for the Region will co-sponsor a forum, “The ‘E’ in Thorough and Efficient: How Can We Insure Efficiency in Spending School Tax Dollars,” on Feb. 6 at the Woodrow Wilson School.

Senator Stephen Oroho welcomes new initiatives to kill the "throw-out" rule that is keeping New Jersey from creating jobs.

GREENWALD APPLAUDS CORZINE'S CALL
FOR PASSAGE OF BUSINESS TAX BREAK
Governor's Inclusion of Net Operating Loss Reform As Part of Economic Response
Key to Keeping State Open for Business

(TRENTON) - Assembly Budget Committee Chairman Louis D. Greenwald today applauded Governor Jon Corzine's inclusion of a much-needed business tax cut as one of the facets of his plan to jumpstart the state's economy.

Glading Announces Support for
SAFE Commission Act in Congress

Congressional candidate says bipartisan bill
to establish an independent financial oversight
commission is good for country

BARRINGTON – Dale Glading, candidate for the U.S. House of Representatives in New Jersey’s 1st District, announced today his support for H.R. 3654, the SAFE Commission Act. Introduced by U.S. Rep. Jim Cooper (D-TN), the SAFE Commission Act would “establish a commission to develop legislation designed to reform tax policy and entitlement benefit programs and ensure a sound fiscal future for the United States.”

The SAFE Commission Act currently has 111 cosponsors in the House, including members of both parties. The incumbent in New Jersey’s 1st District, Rob Andrews, is not a cosponsor of the bill.

“Unfortunately, too many of the career politicians down in Washington are concerned only with getting re-elected and ‘bringing home the bacon,’ rather than showing real leadership for the future of our country,” Glading said. “Because those career politicians are so unduly influenced by special interests and lobbyists, we must establish a commission of experts that will determine the best approach for tackling our future tax and entitlement crises. Our children and our grandchildren deserve no less.”

“We have seen with the recent financial collapse that many in Congress cannot be trusted to do what is best for the country when forced to choose between that and the lure of campaign contributions,” Glading continued. “Mr. Andrews voted for the 1999 bill that deregulated the banking industry and allowed for this financial collapse to occur. In exchange, he received more than $1.3 million in campaign contributions from financial industry sources.”

“Rob Andrews took the money and left the rest of us – the taxpayers – holding the bag,” Glading concluded. “We must not allow this to happen again. Implementing the SAFE Commission Act and sending an honest representative down to Washington are two key steps to bringing real reform to the people of South Jersey.”