Economy Press Release

Governor’s Approach to Property Taxes “Treating a broken leg with aspirin”

Regina-Egea.jpg

Garden State Initiative (GSI) president Regina M. Egea issued the following statement in response to Governor Phil Murphy’s State of the State Address:

“The Governor’s Address, in contrast to his stated intent, did not confront the root cause of high property taxes – our government spends too much. Increasing “state aid” does not fix the problem, it only masks it. It’s the fiscal equivalent of treating a broken bone with an aspirin.

The Governor, while talking of savings on health benefits, needs to look no further than the recent ProPublica report which identified $500 million in savings without affecting the quality of care. Savings, which can be passed on to taxpayers are right in front of us – only if our leaders are willing to look for them.

When will New Jersey’s property taxpayers see an honest to goodness tax reduction?”

-end-

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