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Senate President Steve Sweeney , ““We can neither tax our way out of our current fiscal crisis nor can we politicize the crisis “

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the staff of the Ridgewood blog

Trenton NJ, Senate President Steve Sweeney issued the following response to Assembly Speaker Craig Coughlin’s comments pledging no additional tax hikes in next year’s budget:

“I applaud Speaker Coughlin for taking a bold stand on no tax hikes in next year’s budget.

Continue reading Senate President Steve Sweeney , ““We can neither tax our way out of our current fiscal crisis nor can we politicize the crisis “

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Senate President Steve Sweeney , “We cannot tax our way out of this fiscal crisis”

New_Jersey_State_Senator_Stephen_Sweeney

May 17,2018

the staff of the Ridgewood blog

MONROE TOWNSHIP NJ, in an interesting turn of events Senate President Steve Sweeney today told business leaders that major changes in New Jersey’s fiscal policy and government structure are needed to make the state competitive and affordable, and vowed that the Legislature’s leadership will have the political will to make the necessary changes.

Seems that years of running the state into the ground has taken its tool ,“We cannot tax our way out of this fiscal crisis,” Senator Sweeney (D-Gloucester) said at a New Jersey Business and Industry Association forum. “The problems we face – from pensions to school funding, from health care costs to property taxes – are deep-rooted and complex, and the solutions are politically difficult. But I promise you that we will have the political will on a bipartisan basis to make the changes we need to make New Jersey competitive and affordable.”

Senator Sweeney praised the ongoing efforts of the economists, academics and tax policy experts serving on the Economic and Fiscal Policy Working Group he convened under the bipartisan leadership of Senate Budget Chair Paul Sarlo (D-Bergen), Senator Steve Oroho (R-Sussex) and Assembly Majority Leader Lou Greenwald (D-Camden) to find solutions to the state’s long-term fiscal crisis. Assembly Budget Chair Eliana Pintor-Marin (D-Essex) and Senators Anthony Bucco Sr. (R-Morris) and Dawn Addiego (R-Burlington) are also serving on the panel.

“This initiative grew out of our concern over the impact of the federal tax law, which unfairly targets high-cost states like New Jersey by virtually eliminating the personal income tax deduction for state and local income, property and sales taxes,” said Senator Sweeney. “We are doing everything we can to reduce the impact, including developing legislation to enable S corporations, LLCs and partnerships to pay the state income tax liabilities of their owners and partners. These businesses will be able to deduct $35 billion in taxes as a result of our work.

“But we realize that it isn’t enough to just respond to the federal tax law. We have to do more – a lot more. Our panel will be coming out with a series of recommendations that will bolster our underfunded pension systems, control health care costs, hold down property taxes and ensure that government services are delivered with efficiency and cost-effectiveness at the level of government that makes the most sense.”

Senator Sweeney said the panel is undertaking a long-overdue examination of the adequacy, fairness and competitiveness of New Jersey’s state and local tax structure, and benchmarking New Jersey tax levels against other states.
“We are committed to making New Jersey competitive and affordable in order to attract jobs and businesses, bolster housing values and make our state a desirable location for millennials to create start-ups, for young families to choose to raise their children, and for senior citizens to retire.”

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NJEA Blasts Prieto-Sweeney Deal on School Funding

Ridgewood Teachers

By Salvador Rizzo • 06/14/17 10:59pm

Hours after Assembly Speaker Vincent Prieto and Senate President Steve Sweeney announced a deal to revamp New Jersey’s school funding formula, the state’s largest teachers union called it a “senseless and cruel” way to punish some students.

The leaders of the New Jersey Education Association issued statements Wednesday night blasting the deal unveiled by Prieto (D-Hudson) and Sweeney (D-Gloucester), who had sparred for months over their competing school funding proposals.

http://observer.com/2017/06/njea-blasts-prieto-sweeney-deal-on-school-funding/?utm_campaign=new-jersey-politics&utm_content=2017-16-06-9858994&utm_source=Sailthru&utm_medium=email&utm_term=channel-new-jersey-politics-distribution

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NJEA Endorses Sweeney’s Republican Challenger

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By Salvador Rizzo • 06/02/17 11:30pm

That’ll teach him.

New Jersey’s largest teachers union has endorsed the Republican candidate challenging Senate President Steve Sweeney, the top elected Democrat in state government.

The New Jersey Education Association’s political action committee voted unanimously on Friday to endorse Fran Grenier, the chairman of the Salem County Republican Party, for the state Senate seat in the 3rd District.

http://observer.com/2017/06/njea-endorses-sweeneys-republican-challenger/

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Unused sick days are costing us billions, as Democrats dawdle

Sweeney & Prieto

Updated on April 16, 2017 at 3:31 PMPosted on April 16, 2017 at 3:30 PM

BY STAR-LEDGER EDITORIAL BOARD

[email protected]

Sick pay is for those who get sick. If you don’t get sick, you shouldn’t get sick pay. Period.

The same goes for all fringe benefits. If you’re not disabled, you don’t get disability. If you’re not unemployed, you don’t get unemployment. This is not complicated.

Until you put politics into the mix.

New Jersey, the state with the highest property taxes in the nation, still allows public workers to collect big payouts for their unused absences. It’s a perk unheard of in the private sector, but we’re all paying dearly for it.

http://www.nj.com/opinion/index.ssf/2017/04/unused_sick_days_are_costing_us_billions_as_democr.html#incart_river_home

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N.J. Democrats propose massive gas tax increase to replenish transportation fund

New Jersey Democrats Move to Raise Taxes

What happened to the STIMULUS Money ?

Time to audit the Transportation Trust Fund

FEBRUARY 3, 2016, 5:20 PM    LAST UPDATED: WEDNESDAY, FEBRUARY 3, 2016, 6:12 PM
BY JOHN C. ENSSLIN
STATE HOUSE BUREAU |
THE RECORD

New Jersey’s Democratic legislative leaders said Wednesday they are close to working out a proposal to fix the state’s dwindling Transportation Trust Fund.

Senate President Steve Sweeney, D-Gloucester, and Assembly Speaker Vincent Prieto, D-Secaucus, each said they just have a few details to work out on a proposal to replenish the fund – which pays for improvements to the state’s roads and bridges – runs out of money by June 30. Neither offered details of their plan.

But the two Democrats sparred with their Republican counterparts before an audience of several dozen mayors over the timing of such legislation.

Sweeney and Prieto said first they want to hash out a deal with Governor Christie – something they said has not yet happened – rather that pass a measure that he will veto.

“I don’t think anybody is going to go for something knowing the governor is not going to sign it,” Sweeney said during a panel discussion during the New Jersey League of Municipalities’ annual Mayors’ Legislative Day.

http://snip.ly/Xvs8#http://www.northjersey.com/news/n-j-democrats-say-proposal-to-replenish-transportation-fund-nearly-finished-1.1505096

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Sweeney’s proposal ‘like a bad horror movie’, Bucco says

horror-of-dracula-bloody-grin

TRENTON — For Assemblyman Anthony Bucco (R-25), yesterday’s press conference in Trenton was like watching a “bad horror movie.”

Reacting to Senate President Steve Sweeney’s announcement that he plans to push for another millionaire’s tax in this year’s budget, Bucco said today that the state doesn’t “need a proposal that hurts our already struggling economy.” Republicans in general have scoffed at the idea of instituting a tax levied on the state’s top income earners, saying it would drive business from the state. (Brush/PolitickerNJ)

Sweeney’s proposal ‘like a bad horror movie’, Bucco says | New Jersey News, Politics, Opinion, and Analysis

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PolitickerNJ Interview: Senate President Steve Sweeney

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TRENTON — Leaning back in a leathery chair in his statehouse office, Senate President Steve Sweeney (D-3) says it was his father who first taught him how to embrace personal and political differences between people. “He always taught me to be happy for someone when they do well, don’t begrudge somebody because they got something that you wanted,” the 55-year-old Democrat says. Now in his sixth year as leader of the legislature’s upper chamber — and 13th since arriving in Trenton a little-known iron worker from South Jersey — Sweeney has carried that philosophy with him, working to apply it in his dealings with ideologically dissimilar parties on issues crucial to the state. His job, as he plainly puts it, is “not to be an obstructionist.” It is, rather, to “bring people together.” (Brush/PolitickerNJ)

The PolitickerNJ Interview: Senate President Steve Sweeney | New Jersey News, Politics, Opinion, and Analysis