Governor Christie Calls The Democrats' Rich Tax Proposal, a 'one-year fix'
New Jersey’s millionaires are at the center of another budget debate between Governor Chris Christie and the Democrats who control the Legislature, every one of whom is up for re-election this year.
Democratic Legislators once again plan proposing a tax increase on those making more than $1 million a year. This time they plan on adding it to the State Budget.
Governor Christie vetoed the tax increase last year, which Democrats claimed would have restored property tax rebates for senior citizens. But to what end?
The Governor, and rightfully so, is accusing Democratically controlled Legislature of pandering to senior citizens in an election year. He called the proposal a one-year fix that will harm the state's economy.
He reiterated his pledge to veto any tax increase, he characterized the dispute as a "philosophical difference" between himself and Democrats that want a Bigger More Expensive Government.
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