New Jersey has and will continue to be the butt of property tax jokes for the foreseeable future. And while a bi-partisan effort to cap property taxes has had some success, some New Jersey towns have flipped the script.
Governor Chris Christie is once again calling on the people of Lawrence and Medford to vote no today, on the proposal to raise property taxes above the state’s 2 percent cap.
New Jersey Senate President Steve Sweeney wants to close a loophole that allows local officials to bypass a 2 percent annual cap on property tax increases.