With the clock ticking on tax reform, Assembly Republican Leader Jon Bramnick was joined today by Assembly members and challengers from across the state to call on Democrats in the Majority to side with taxpayers for the first time in their careers and pass the Assembly Republican tax reform proposal.
After spending a decade increasing 115 taxes and fees, many Trenton Democrats have already said that the Assembly Republicans’ proposal to provide tax relief to families across New Jersey is dead on arrival.
“Trenton Democrats have spent ten years raising taxes and forcing families to pay more for their healthcare, their commute to work and even to turn the lights on in their homes,” said Bramnick. “Their decade of waste, mismanagement or more taxes created an affordability and jobs crisis that we are still working to recover from. After spending ten years raising taxes in Trenton, it’s time for Democrats to give taxpayers the relief they deserved.”
The proposal supported by Assembly Republicans would allow a 10% property tax credit for homeowners earning less than $400,000 and increase the Earned Income Tax Credit from 20% to 25%, providing relief for well-over 500,000 New Jersey tax payers. The proposal would also quadruple tax relief for renters.
“We have gone out of our way to make sure that all of the concerns of Democrats were satisfied. If they continue to stand in the way of this proposal, it should be clear to residents across New Jersey that Democrats have no intention of ever providing them with tax relief,” added Bramnick.
Bramnick feels Trenton Democrats’ refusal to give money back to middle and working class families echoes the need for new leadership in Trenton.
“Our Republican candidates stand ready to finish the job and provide New Jersey families with the relief they deserve,” said Bramnick. “If we re-elect the same Trenton Democrats in November, we can expect the same resistance to tax relief. New Jersey deserves leadership ready to work with Governor Christie to make our state more affordable and a legislature dedicated to put more money back in the pockets of our residents.”
Jon Bramnick was joined by Assembly Republican candidates from New Jersey’s 1st, 3rd, 7th, 8th, 14th, 18th, 22nd, 27th, and 38th legislative districts. TLS.
Here’s where political theater comes to play. The proposal sounds fair and even gives the legislators the ability to end this tax reducing if they find there isn’t the funds to pay for it.
What happened six months ago? Do anyone think this state can afford this tax cut, a reduction in income? That’s where the games start. Let’s say the bill gets passed. The Governor gets to stand on the podium and sing his laurels of how he lowered your tax’s. YA!! But wait, once the Democrat legislators ( oh pardon me , Corzine democrats) will have to deal with the inability to pay for this tax cut because of the lack of revenue which ahs been reported in the news and by the Office of Legislative Services , they will have to revoke the tax break. Who’s the hero and who’s the villain then?
Political theater is so entertaining.
Tax cuts gave to be offset by something else. You have to either increase revenue elsewhere or cut spending. None of which are in this bill. The government has a responsibility to manage its books.