Q&A Friday
Since everyone is asking me about the special session that officially convened in Trenton today, I'll focus my comments today on that issue. Governor Corzine made a speech to kick off the session, which has been brought together to specifically address property taxes.
The speech is available here.
As the Governor said, few people outside of Trenton make the connection between the property tax bills they pay and the rebate checks they receive each year.
That's why we must eliminate rebates and replace them with direct property tax credits to lower the actual property tax bills New Jersey homeowners pay.
The Governor's plan to add the funding from the existing rebate program to $350 million of the dedicated sales tax revenue in this year's budget - for a total of $1.6 billion in direct property tax relief - deserves strong support.
During the coming months, I look forward to working with the Governor, my colleagues and the public to find additional ways to significantly and permanently reduce our highest-in-the-nation property tax burden.