Thursday, February 9, 2012

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New Jersey Tax

Gov. Chris Christie said today he will restore property tax rebates that were eliminated in the budget last year.
“We’re going to reinstitute the rebate this spring and you’re going to get it quarterly as a credit on your property tax bill,” Christie said at a town hall meeting.
Christie said the rebates will not come as [...]

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The state Assembly will vote on a plan to lower the property tax cap to 2 percent on Monday, the leader of the lower house said today.
“We know that the residents of this state want to see tighter restraints put on their property taxes, but we also know our work is far from finished,” said [...]

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Most New Jersey homeowners, already paying the highest property taxes in the nation, will not see a property tax rebate check next year under Gov. Jon Corzine’s revised 2010 budget proposal.
The updated budget, released Tuesday by Treasurer David Rousseau, keeps rebates for seniors and the disabled but eliminates them for everyone else.
Corzine’s original proposal, released [...]

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