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Archive for the ‘Gas tax’ Category

Tax cuts are good, replenishing the TTF is good and spending cuts are good

26 Jul

Tax cuts do not have to be “paid for.”  All tax cuts are good because they are steps toward economic freedom–and with economic freedom comes greater prosperity. Gov. Christie is not showing any leadership.  Why he is obsessed with a sales tax cut is incomprehensible.  Eventually, all taxes should be cut.  In the meantime, there is a proposal on the table that reduces several onerous taxes.  Get on board governor.

“In another great example of how things work in Trenton, it’s time for legislators to act on the only thing that remotely makes sense and override Christie.”

Source: Least bad option is only real choice now on gas tax battle | Moran

 
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Posted in Chris Christie, Democrats, Gas tax, Infrastructure, Leadership, New Jersey, Politics, Republicans, State government

 

Why is Chris Christie apparently balking at the latest compromise?

24 Jul

Governor Christie should get on board with the latest proposal to fund the Transportation Trust Fund and provide much needed tax relief to the people of New Jersey. Is this a “perfect” compromise?  No.  But we need funds to fix our roads and bridges, lower taxes and lower spending and fewer regulations.  The governor should work on the last two goals ASAP.  Instead of focusing on Trump’s presidential campaign, he should do what he was elected to do–govern.  If he is preoccupied with the presidential campaign, he should resign.  

 

“Senate and Assembly Democratic leaders announced a new compromise Friday for raising the gas tax.”

Source: 7 things you need to know about latest gas tax plan to end N.J. road work shutdown

 
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Posted in Donald Trump, Gas tax, New Jersey, Politicians, Politics, State government

 

Grossman: Trust fund and Atlantic City should declare bankruptcy

14 Jul

A compelling case to get debt under control and not raise the “gas tax.”   Murray Rothbard made the case to repudiate the national debt in 1992.

Source: Grossman: Trust fund and Atlantic City should declare bankruptcy

 
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Posted in Banks, Crony capitalism, Gas tax, Government debt, Leadership, New Jersey, New Jersey constitution, New Jersey Supreme Court, Politicians, Politics, State government

 

No gas tax deal, roadwork shut down…

07 Jul

The failure of Governor Christie and the Legislature to come to an agreement to fund the Transportation Trust Fund is another example of why government in general is a dysfunctional organization populated by feckless individuals who have abrogated their responsibility to the public.  Our elected officials have demonstrated they are poor stewards of taxpayers assets. No private enterprise firm could survive if they treated their customers with such contempt.  

“New Jersey taxpayers may face more than $60 million in added costs due to a pending shutdown of transportation projects.”

Source: No gas tax deal, roadwork shut down … and thousands of jobs in danger

 
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Posted in Democrats, Gas tax, Leadership, New Jersey, Politicians, Politics, Republicans, State government

 

A proposal for “tax fairness” and provide funds for the Transportation Trust Fund

01 Jul

Gov. Christie and legislative leaders are at impasse. They could not agree on a package of tax cuts and a hike in the “gas tax”, a user fee, (which is the only “fair” way to fund roads and bridges in today’s political environment) provide tax relief for the people of New Jersey and fund the depleted Transportation Trust Fund. The governor has ordered transportation projects halted as of today even though there appears to be enough money to fund projects until August 1.

Rather than go over all the details in the Sarlo-Oroho compromise that appeared to have enough bipartisan support to pass both houses of the legislature with enough votes to override Gov. Christie’s veto, the governor at the last moment calls for a 1% drop in the sales tax to 6% in the name of “tax fairness”.

If Gov. Christie wants more “tax fairness” in New Jersey, he should reduce all taxes for individuals and businesses. All taxes are unfair because they are coerced from the people who earned the income being taxed in the first place. In other words, all taxes should be cut, anytime not only for “fairness” but also to provide more of the resources people and businesses need to achieve their goals in life.

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Posted in Economy, estate tax, Gas tax, Income taxes, Leadership, New Jersey, Politicians, Politics, Property taxes

 

The battle over taxes in Trenton

16 Jun

A bipartisan group of New Jersey lawmakers are balking raising the “gas tax” and eliminating the estate tax. (There are additional tax cutting provisions in the gas tax bill, which would reduce taxes on average families by more than $1000 per year.) It is understandable why Republican legislators do not want to raise the “gas tax”; it would shatter the myth they are paragons of fiscal conservatism. Democrats, on the other, hand not want to eliminate the estate tax claiming it is a giveaway to the state’s wealthiest residents.

Sen. Raymond Lesniak, who may run for the Democratic nomination for governor next year, said the compromise proposal on the table is an example of “tax injustice.” All taxes are unjust because they are coercive. Taxes are an involuntary exchanges (legalized theft), hence they violate a fundamental principle that supposedly we all supposedly embrace, theft is wrong. Yet when it comes to taxes the notion of justice is thrown out the window and replaced with “needs” of the people, but more accurately the “needs” of the government.

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Posted in estate tax, Gas tax, New Jersey, Politics