Property Tax Rebates On The Chopping Block

By Mike Proto | 02/21/09 | 09:59 AM EDT | 0 Comments

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Gee, I was so looking forward to that extra $13 a week from Obama's 'tax cut.' Wait, what am I talking about? I am probably too 'rich' for that.

Well, anyway, even if I were to get Obama's unbelievable windfall consider that wiped out because Governor Corzine is ready to take away my property tax rebate.

With his budget-cutting options dwindling, Gov. Jon Corzine is preparing plans to severely curtail or eliminate New Jersey's popular property tax rebates for the coming year, multiple sources close to the governor said today.

The rebate checks to homeowners and tenants, which cost the state about $1.7 billion last year, represent one of the largest remaining non-essential spending items in the budget Corzine will present to the Legislature on March 10.

Way to make the tough choices there, Gov.

Cross-posted at Garden State Patriot.

TAGS: Garden State Patriot, Governor Corzine, Homestead Rebate, New Jersey Budget, New Jersey Budget Gap, New Jersey Property Tax Rebate, New Jersey Property Taxe

 

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