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Tax Cap

NEWS
July 7, 2010 | By Maya Rao, INQUIRER STAFF WRITER
TRENTON - To impose a 2 percent cap on property-tax increases without addressing what drives up government spending is "the tail wagging the dog," Cherry Hill Mayor Bernie Platt told an Assembly panel on Wednesday. Collingswood Mayor Jim Maley concurred, warning lawmakers, "The order we're doing this in is not the best way. " The Assembly Budget Committee heard testimony from representatives of towns, schools, and public employees who repeatedly questioned the effectiveness of the 2 percent cap agreement reached Saturday by Gov. Christie and legislative leaders.
NEWS
July 6, 2010 | ASSOCIATED PRESS
TRENTON - The speaker of the New Jersey Assembly says she won't block legislation to tame the nation's highest property taxes, although she was not part of a deal that the governor and Senate president reached this weekend. Speaker Sheila Oliver says she'll meet with Democrats in the Assembly on Wednesday before announcing a position on the new proposal to cap spending and property tax increases at 2 percent annually. She says the Assembly has been working on a similar proposal.
NEWS
July 6, 2010 | By Adrienne Lu, INQUIRER TRENTON BUREAU
TRENTON - Gov. Christie issued a conditional veto of a property-tax-cap bill Tuesday, paving the way for the Legislature to approve a compromise worked out between the governor and the Senate president. Meanwhile, Assembly Speaker Sheila Oliver said in an interview that while she was "blindsided" by the announcement Saturday of the deal between Christie and Stephen Sweeney (D., Gloucester), she intended to post the legislation for a floor vote "as soon as possible," within weeks.
NEWS
July 5, 2010 | By Frederick Ryan
In 1980, Massachusetts voters passed Proposition 2½, which imposed a property-tax cap similar to the one being pushed by New Jersey's governor. As a Massachusetts resident and taxpayer, I hoped the cap would make living in my state more affordable. Unfortunately, the price we have paid in public-safety and service reductions far outweighs any tax break we've gotten. Arlington, Mass., is a Boston suburb where I grew up and currently serve as chief of police. It has a population of just under 50,000 people who enjoy the community's beauty and proximity to Boston.
NEWS
July 4, 2010 | By Maya Rao, Inquirer Staff Writer
TRENTON - New Jersey property-tax increases will be capped at 2 percent, Gov. Christie announced Saturday after he and legislative leaders spent the day working out a bipartisan compromise. It was not known if the agreement would win the crucial support of Assembly Democrats, however, after Speaker Sheila Oliver (D., Essex) did not join the announcement. Christie said that on Tuesday he would conditionally veto a bill sponsored by Senate President Stephen Sweeney (D., Gloucester)
NEWS
July 3, 2010 | By Maya Rao and Adrienne Lu, Inquirer Trenton Bureau
TRENTON - Legislators Friday considered ways to cap New Jersey property taxes while Democratic leaders and the Republican governor bickered over the timetable for an agreement. The Senate Budget and Appropriations Committee met for just over an hour Friday morning to sketch a broad agenda for discussing property-tax reform over the summer, but Democrats in the upper house defied Gov. Christie's order to meet in special session to address the issue. Republicans showed up in the Senate chambers at 12:30 p.m., the time Christie called for. Democrats were no-shows.
NEWS
June 26, 2010 | By Maya Rao, Inquirer Staff Writer
TRENTON - A bill to cap property taxes at 2.9 percent is set for a vote by both houses of the New Jersey Legislature on Monday, after an Assembly budget panel approved the measure Friday. The legislation is the Democrats' answer to Gov. Christie's proposal to seek voter approval to amend the constitution with a "hard cap" of 2.5 percent on tax increases. Christie is likely to veto their bill, which allows for more exceptions and has less permanence than enacting a cap constitutionally.
NEWS
June 23, 2010 | By Adrienne Lu, INQUIRER TRENTON BUREAU
Gov. Christie pitched his plan to curb property taxes to a standing-room-only crowd in Greenwich Township Wednesday, urging residents to call their legislators to show their support for a constitutional amendment to cap tax increases. While several audience members asked pointed questions of the governor, he received an overwhelmingly warm reception from those gathered at Greenwich Township Elementary School. The governor took aim numerous times at public employees, particularly teachers unions.
NEWS
June 17, 2010 | By Maya Rao, Inquirer Staff Writer
The two assemblymen who represent South Jersey's Fourth Legislative District agree that local property-tax increases should be capped at 2.5 percent. But what's the best way? Freshman Republican Assemblyman Domenick DiCicco is siding with Gov. Christie, who wants to enact the cap by seeking voter approval to amend the state constitution. DiCicco introduced a resolution last month that would make it a ballot question. The governor's office said this week that more than 200 mayors had come out in support of the cap, which is being pitched in community settings by Christie and others, including DiCicco.
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