Doing What Needs To Be Done

By Chris Christie
This is going to be a budget that is going to be unlike any other you’ve probably seen in NJ in at least the last 20 years and maybe longer.

Expenses at the local level, the school board or the municipal level, in the county level to some extent have continued over that period of years to rise.

So now we are confronted with a situation where we have an economic recession, where NJ has been disproportionately affected by that recession because of our enormously high taxes. So people are not only going out of business because of the recession, those who are staying in business many of them are leaving the state, to go to places like right across the river here in Pennsylvania, where the top income tax rate is 3%, rather than, nearly 11% under Gov. Corzine and now because the lapsing of one tax about 9% as our top rate.

Over the last 4 years 70 billion dollars in wealth has left the state of NJ, 70 billion dollars in wealth have left NJ in the last 4 years. Small businesses and large, wealthy individuals and middle class individuals have left this state because they simply can’t afford to do business here anymore.

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