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New Jersey Has A Budget

the staff of the Ridgewood blog

Trenton NJ, Govenour Murphy has caved saying he will sign the states $38.7 billion budget by the midnight Sunday deadline, in order to avoid a shut down. The Democratic governor said his exact actions on the budget “are still to be determined.”The governor added the dramatic flair saying , “I can”t play politics with innocent lives in the state,” Murphy said. “I’ve taken shutting this government down off the table.” Murphy added he wanted to reassure New Jersey residents and visitors that politics wouldn’t spoil their planned Fourth of July revelry or shutter important state services.A shutdown would have likely closed state parks and beaches, shuttered government services like courts and the DMV, and left thousands of government workers furloughed.

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Murphy’s Tax Rhetoric Helping Other States to Lure Residents, Jobs from NJ

Phill Murphy -Sara Medina del Castillo

New Jerseyans Understand “Tax Fairness” Means “Tax Increase”

the staff of the Ridgewood blog

Trenton NJ, Senator Declan O’Scanlon said that Governor Phil Murphy’s continued demand for higher taxes under the guise of “tax fairness” is only helping the efforts of low- and no-tax states like Florida that are actively working to lure residents, employers, and jobs from high-tax New Jersey.

“Florida is already running compelling advertising campaigns that are targeting both families and employers in our area who are fed up with paying some of the highest tax bills in the nation,” said O’Scanlon (R-Monmouth). “The data shows that people are paying attention to those sales pitches, and they’re packing up and leaving New Jersey for more affordable places that promise a significant tax savings.”

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Reader says , “Cost of Professional Firefighters minuscule compare to the money pissed away on sports fields, parking garages and th bloated school budget.”

file photo by Boyd Loving

“The waste of tax dollars is the schools trying to educate your low iq offspring. I have lived here for half a century and there is zero chance of getting a sufficient number of volunteers. The ambulance can’t get enough to staff it during the day and that’s only requiring 2 people. Response time is critical. The rfd has always been prompt for fire and medical calls for my neighbors and those of us long time residents who subsidize you newby NY transplants and we are tired of your whining. The cost is minuscule compare to the money pissed away on sports fields, parking garages and th bloated school budget.”

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Bergen GOP Freeholder Candidates Blast $48 Million Spending Increases by Bergen County

County Tax Levy Now Hits $437 Million; Debt Rises

the staff of the Ridgewood blog

Hackensack NJ, The Bergen County Democrats inexorable effort to raise taxes and increase spending continues in 2019, according to the Republican Freeholder candidates Corrado Belgiovine, Alyssa K Dawson and Katie Cericola.

“Like governor Murphy, the Bergen Democrats continue to spend taxpayer money recklessly,” said Corrado Belgiovine, a Republican freeholder candidate from Woodcliff Lake. “And homeowners and renters are paying for the freeholders lack of fiscal restraint.”

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New State Budget Rejects Gov. Phil Murphy’s calls for More Tax Hikes

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the staff of the Ridgewood blog

Trenton NJ, The New Jersey Legislature is moving aggressively on Democrats’ $38.7 billion state budget proposal .The Democratic controlled  state Legislature have insisted they won’t support a Murphy’s millionaires tax, and their proposed $38.7 billion budget preserves just one of the Democratic governor’s proposed tax increases raising the tax paid by HMOs , The legislator took money out of the state’s rainy day fund, cutting some spending and tweaking revenue estimates for the coming fiscal year to balance the budget.

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New Jersey Business & Industry Association :Data Supports Need for Structural Reforms, No New Taxes

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the staff of the Ridgewood blog

Trenton NJ, Behind its continued call for no more taxes and for structural reforms as part of the FY2020 State Budget, the New Jersey Business & Industry Association today re-released its budget data from this year to further underscore why the Garden State desperately needs to reverse course.

“With less than two weeks remaining before the state’s budget deadline, it’s imperative that our policymakers fully understand New Jersey’s fiscal standing,” said NJBIA President and CEO Michele Siekerka. “New Jersey’s debt and pension obligations continue to escalate at unsustainable rates and the FY2019 State Budget alone forced $1.6 billion in higher taxes on our businesses and residents.

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Retirees Fleeing New Jersey in Droves

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the staff of the Ridgewood blog

Ridgewood NJ, no surprise here New Jersey, is the last place where people want to spend their golden years.

Almost 67% of all New Jersey moves were outbound last year, according to a survey from United Van Lines.

United Van lines polled 26,998 of its customers who moved last year, through Nov. 30.

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No surprise NJ has built in automatic tax hikes! Here’s how it affects you, and how to stop it

Phill Murphy -Sara Medina del Castillo

the staff of the Ridggewood blog

Ridgewood NJ,  In a new GOP web ad released today, Assemblyman Anthony M. Bucco explains how New Jersey’s progressive income tax brackets are reducing wages even when people receive cost-of-living raises.

WATCH: No surprise NJ has built in automatic tax hikes! Here’s how it affects you, and how to stop it.

“When income tax brackets are very close together, pay raises push taxpayers into a higher bracket even though they really aren’t wealthy,” said Bucco (R-Morris). “This can be costly for people and their families who rely on every dollar they earn.”

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Reader says “Last kid graduates RHS and the family decides to move to Florida or another lower tax state. Are they greedy, or being financially prudent? “

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” Man/woman works in NYC. They move to Ridgewood for the ‘whole package’ (let’s leave the school rank out of it for a sec). They have 5 kids, all go to RPS schools K-12. Worker contributes to 401k, 403b, SEP IRA, whatever, and has a possible cash flow from these investments of 5k/month. Last kid graduates RHS and the family decides to move to Florida or another lower tax state. Are they greedy, or being financially prudent? Same goes for government employees. It’s just a desirable financial move. NJ pols (R & D alike) have screwed over the system to fix budgets, cronyism, over-spending, and going on a fiscal bender for decades. I lived here when there was no income tax (thank you Gov Byrne) and the sales tax was 3%. The pension system is broken and the culprits have since split the scene: Byrne, Kean, Florio, Whitman, DiFrancesco, Mc Greevy, Codey, Corzine, Christie. Now, we’re stuck with Murphy who believes that he can tax us out of the problems. With a democrat senate and assembly, it’s his baby now and can ram through as many tax bills as he wants. We have the prerogative to leave. “

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Sweeney: More New Jerseyans leaving for Florida because of out-of-control taxes

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the staff of the Ridgewood blog

Trenton NJ, Please read this Bloomberg News article
https://www.bloomberg.com/news/articles/2019-05-24/migration-s-biggest-loser-is-connecticut-as-florida-profits

As the wealthy leave New Jersey for states with much lower tax burdens, it will be our middle class and the working poor who will make up the difference in higher property tax bills. New Jerseyans already pay the highest property taxes in the country, not to mention we pay among the highest income and corporate taxes as well. Even millennials can’t afford to live here anymore.

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