NJ legislators and governor give math lessons

[Easy E]

<font color="blue">The governor, looking tired and weary, said he had offered another compromise to Assembly Democrats who have blocked his proposed increase in the sales tax from 6 percent to 7 percent. This plan would constitutionally dedicate half of the one-penny increase in the sales tax for property-tax rebates, Corzine said, providing "billions of dollars of funding for property-tax relief over 10 years, while implementing meaningful progress toward financial responsibility."

Assembly Speaker Joseph Roberts (D., Camden), who has insisted <font color="red">he would not approve an increase in the sales tax unless 100 percent of it went for property-tax relief,</font> rejected Corzine's compromise the first time he heard it, said Sen. Joseph Vitale (D., Middlesex). But lawmakers said he was reconsidering the proposal today.

Roberts earlier this week said that just 15 of the 49 Democrats in his caucus would approve any kind of sales-tax increase, rejecting an earlier compromise Corzine had embraced that would reserve half of a sales-tax increase for property-tax relief. That plan did not constitutionally dedicate the tax revenue to keep it from going toward other projects in years to come.</font>

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So, in a state that's $4.5B in the red, he wants to insist that a sales tax increase intended to pay off the debt should instead be used to replace income that will be removed from tax relief? [img]/images/graemlins/confused.gif[/img]

Did I miss the part of the equation where -$4.5 + $4.5 - $4.5 = 0? [img]/images/graemlins/confused.gif[/img]


Let's not even discuss why they aren't discussing a 6 1/2% sales tax and forget the property tax relief- taking money from poorer people and shifting it to landowners is something that went out of favor in the 1300's, didn't it?


Politics... [img]/images/graemlins/mad.gif[/img]