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Although Daggett's proposal is harsh, the next governor should consider instating this measure, or a similar type of proposal.
The reason for high property taxes in New Jersey is multifaceted. In theory, property taxes are supposed to be equal in the aggregate: "Equalization as between individual properties within a municipality is an ongoing function. It is an important concern since its aim is to stimulate a continuous striving to ensure each individual parcel of property bears its just share of the property tax burden," but the rise of high-cost properties in districts with a substantial middle class population have made this goal of proportionality elusive (Short and simple, 2009, NJSLOM). In recent years, the poor and middle class have assumed a disproportionately large burden of supporting local budgets relative to the value of their property in the state.
While a more equitable balancing of the tax burden by creating more affordable housing might be the best long-term solution, in the short-term, relief is required to ensure individual's incomes are not primarily devoted to property taxes, and to make New Jersey a desirable place to live once again. Property tax rebates or relief have been the main solution to the problem of high taxes. However, when the state has fiscal problems rebates are often the first items to be sacrificed, as a cost savings measure. Thus, while the guaranteed approach to tax relief...
Property axes will escalate higher as other sources of revenue shrink and home values will plummet further as people attempt to leave the community, in an attempt to escape the high rate of taxation.
Works Cited
Lu, Adrienne. (2009). Daggett says he'd cut N.J. property tax burden. Inquirer Trenton Bureau.
Retrieved October 4, 2009 at http://www.philly.com/philly/business/homepage/20090930_Daggett_says_he_d_cut_N_J__property_tax_burden.html
NY, NJ highest payers of property tax: Report ranks 775 counties by taxes paid; why are taxes increasing and what can you do about it? (2006, October 4). CNN Money.
Retrieved October 4, 2009 at http://money.cnn.com/2006/10/03/pf/property_taxes/index.htm
Pizzaro, Max. (2009, September 29). Daggett vows to cut property taxes. Retrieved October 4,
2009 at http://www.politickernj.com/max/33545/daggett-vows-cut-property-taxes-25
A short and simple glimpse at the property tax in New Jersey. (2009). New Jersey State League
of Municipalities (NJLOM). Retrieved October 4, 2009 at http://www.njslom.org/tax_brochure.html
Works Cited
Lu, Adrienne. (2009). Daggett says he'd cut N.J. property tax burden. Inquirer Trenton Bureau.
Retrieved October 4, 2009 at http://www.philly.com/philly/business/homepage/20090930_Daggett_says_he_d_cut_N_J__property_tax_burden.html
NY, NJ highest payers of property tax: Report ranks 775 counties by taxes paid; why are taxes increasing and what can you do about it? (2006, October 4). CNN Money.
Retrieved October 4, 2009 at http://money.cnn.com/2006/10/03/pf/property_taxes/index.htm
2009 at http://www.politickernj.com/max/33545/daggett-vows-cut-property-taxes-25
of Municipalities (NJLOM). Retrieved October 4, 2009 at http://www.njslom.org/tax_brochure.html
Home Security Reforming Immigration Reform Homeland Security Reforming Immigration Reform In current years illegal immigration has turned out to be a topic that has brought up some significant political issues in the United States. A lot of the debate on illegal immigration emphases on a feasible route to United States citizenship. It would need to be pointed out that there are so many more persistent subjects which should be spoken about in
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United States singled a shining democratic governance;, U.S. system governance immune criticism. Scholar One of the critiques of democracy discussed within the articles for this assignment is greatly associated with the role that private property and wealth plays in democratic societies. Specifically, within Santas' "Plato's criticism of democracies in The Republic," the author alludes to the fact that the influence of these two external aspects of government -- the
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