Governor Christie To NJ Assembly Dems: Get On Board Cutting Taxes [AUDIO]
Governor Christie said he and democratic Senate President Steve Sweeney are inches away from a plan to cut income taxes for residents, but one obstacle still stands in the way, the Assembly Democrats.
At his latest town hall in Roebling, Burlington County, the governor said they apparently didn’t get the memo that New Jerseyans are tired of paying the highest in the nation property taxes.
“The Assembly Democrats are the stragglers…and they’ve decided they want to raise taxes. Well, Steve Sweeney and I both answered them…no…we’re not raising taxes on the people of New Jersey…we’re not doing it.”
Christie said Trenton has been turned “upside down” when you have a Republican governor and a Democratic Majority Leader arguing not only about which tax to cut but that there won’t be a tax increase this year, its a huge victory.
“It’s going to take a little while for the Assembly to come along, but we’ll bring them along too…and it may not be until June..but we’ll get there.”
Christie said he’s confident that this is the first of three years that residents will see a cut to their income taxes.
“I have an income tax cut plan and the Senate President has an income tax credit plan and we’re so close to hitting a home run” said Christie.
Earlier this week, Assembly Democrats unveiled a 20 percent property tax relief credit for New Jersey’s middle-class and lower-income homeowners.
The plan would provide a maximum credit of $2,000, with the average family in line to receive a $1,552 credit that would provide relief against property taxes.
“This is geared directly toward helping New Jersey’s middle-class and lower-income families who have shouldered a heavy burden the last two years,” said Assembly Speaker Sheila Y. Oliver (D-Essex/Passaic).
Christie also said earlier this week said that the Assembly Democrats version that includes a tax increase for those making a million or more would be “dead and vetoed just like before.”
The Assembly Democrats’ so-called millionaire’s tax would increase the rate to 10.75 percent from 8.97 percent beginning next fiscal year. That surcharge would affect about 16,000 out of 2.6 million filers and raise $800 million, they said.
“I already said I’m not raising taxes this year on anyone” said Christie.