Statements about Taxes
Says President Barack Obama’s finance team is recommending a "1% tax on all transactions at any financial institution."
Says in regard to providing "more tax cuts for the rich," Bill Pascrell said, "Republicans had great ideas. I liked some of their ideas."
New Jersey has "the highest property taxes in the nation and not by a little. They are the highest property taxes in the nation, more than double the national average."
Says "Bill Pascrell voted to eliminate all estate taxes for billionaires, and I voted no."
"In my years in the State Legislature, I have never voted for a tax increase."
"If you're earning under $100,000 a year and you commute to New York every day you pay more to the Port Authority in tolls than you pay to the state of New Jersey in income tax."
"While the country’s economy was battered, nine states with no income tax actually grew jobs from 2001 to 2010."
Says "the governor took away a billion dollars of rebates, so in real dollars, our property taxes have gone up 20 percent."
Says "my plan is a property tax cut."
"They're paying a less rate of tax -- these richest people in America -- than they have in the last 80 years."
Says State Comptroller Matthew Boxer "pointed out that many towns are artificially lowering the real estate values that they report to Trenton" in order to "get hundreds of millions of dollars of additional school aid. This is the kind of fraud that needs to be addressed immediately."
Says "half the Americans don't pay any income taxes."
Says Chris Christie "inherited the highest taxes in America and the worst unemployment in the region."
Says Gov. Chris Christie’s proposal to reduce state income taxes "would be the second tax cut for the rich by the governor in two years."
Says Pennsylvania charges a top income tax rate of 3 percent and Delaware "has no state income tax at all."
"Under this tax cut, middle-class families don't save enough for a week's worth of groceries, while millionaires save enough to go on an exotic vacation."
Says in Newark "we’re paying 80 percent of the school budget from local property taxes."
"Taxpayers earning $1 million pay an effective tax rate that is about four times what taxpayers earning $100,000 pay."
Says the Treasury Department "says 41 percent of all business income reported on individual returns would be hit by the [millionaires’] surtax" that "would harm small businessmen and women, the very people we are counting on to create new jobs."
Says "Essex County residents suffer the second highest property taxes in the nation."
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