Taxed 2 Debt!

Hodge Podge of Taxiness:

New York State is bankrupt and this is forcing representatives to do two things: either dig in their heals and refuse to cut services or become fiscal conservatives, at least for a time, when faced with such a reality. 

Governor Patterson, who in the past was trying to take, at least in part, a fiscally conservative approach, is now giving in to the democratic machinery and will be raising taxes on an already over-taxed constituency which will drive more people out of a state which is already losing income and taxpayers at a concerning rate. 

Governor Patterson seems like a person who is trying to be all things to all people, while lauding a hopeful increase in sales taxes and cigarette taxes recently to praising New Jersey for their tax cap today; he seems to be of a confused fiscal identity. 

Speaking of New Jersey, today they put a cap on property taxes.  There will now be a two percent annual limit to how much property taxes can be raised.  It’s not enough, but it’s a start.  From the New York Times:

 http://www.nytimes.com/2010/07/13/nyregion/13taxes.html?_r=1&ref=nyregion

Statewide, property taxes rose about 70 percent over the last decade, and New Jersey has the highest in the country: more than $2,600 per person. In public opinion polls, property taxes often top the list of state residents’ concerns.

So this is a great step for New Jersey residents in protecting their private property from liberals and unions.  It would be great to see this law and attitude implemented nation wide. 

Finally, for those of you have not gotten your Exempt from new taxes Obama Card from Americans for Tax Reform need to pick it up here, https://www.atr.org/card.html

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1 Comment to Hodge Podge of Taxiness:

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