WAKE UP NEW JERSEY!

By Riss

Warning, this may make you want to throw up, take pain killers, slit your wrists or all 3 in that order if you live in New Jersey.

This was sent to me by the Chris Christie Campaign.

THE REAL CORZINE BUDGET
What you didn’t hear at today’s budget signing…

CORZINE BUDGET BY THE NUMBERS…
· $10 billion deficit for FY2011
· $1.2 billion in new taxes and fees for New Jerseyans
· 1.2 million taxpayers won’t receive rebates in FY 2010
· According to Rutgers economist James Hughes, all are almost guaranteed to see an increase from 3 to 4 percent in their property taxes (David Matthau, “New State Budget Will Whack the Typical Jersey Family” – Millennium Radio, 06/25/09)
By the pockets of New Jersey taxpayers…
In FY2010, Governor Corzine’s budget will make the tax burden even heavier by making the taxpayers pay these new taxes and fines:
· $970 million for the elimination of tax rebates
· $903 million for income tax rate increases
· $400 million for tax increase on employers for unemployment program
· $270 million for corporate business tax increase
· $100 million for the elimination of property tax deduction
· $37 million for health insurance tax increases
· $30 million for cigarette tax increases
· $24 million for wine and liquor tax increases
· $20 million for DMV fees
· $8 million for taxing lottery winnings increase
By the future shortfalls…
In the FY2010 budget, Governor Corzine’s reliance on one-shot gimmicks will put New Jersey in even worse shape for FY2011. Take a look at the voids that we will have to fill in FY2011 because of Jon Corzine’s misguided priorities in FY2010.
· $2.5 billion in deferred pension payments from FY2010
· $2.2 billion in federal stimulus funds that will not be available in FY2011
· $1 billion to fill the gap left from expired “one-time” tax increases
· $600 million to fill the gap left from the one-time tax amnesty collection
· $500 million in deferred property tax rebates
· $450 million in deferred debt payments
· $300 million to balance raided trust funds and dedicated funds

This budget is a disgrace. NJ is relying on stimulus funds to get by in 2010, a crap load of tax increases (GASP) and we are left with a big old question mark for 2011. Completely unacceptable! I can’t even describe the anger I am feeling for Corzine’s mismanagement of NJ.  He has destroyed us.  He has to go…

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