I will protect your pensions. Nothing about your pension is going to change when I am governor. - Chris Christie, "An Open Letter to the Teachers of NJ" October, 2009

Wednesday, February 23, 2011

Shirley Turner Gets It

It's really very simple when she explains it:
State Sen. Shirley Turner has proposed a bill that would permanently raise the tax rate on households earning more than $1 million annually.
For every dollar earned exceeding $1 million, Turner’s bill would raise the tax rate from 8.97 percent to 10.75 percent. The revenue generated from the extra tax would be dedicated to property tax relief.
Turner first proposed the bill last week, but it was formally introduced Tuesday – the same day Gov. Chris Christie gave a budget address in which he urged the Democrat-controlled Legislature to enact sweeping changes to public workers’ health and benefits.
“We want him to have his actions match his words in terms of shared sacrifice. Everybody’s got to share,” said Turner (D-Mercer). “It’s not just the middle-class and lower income people who have to sacrifice.”
Now that wasn't so hard, was it?

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