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

Friday, October 1, 2010

NJ is Now The Home of The Fiscally Insane

Hear that sound? It's me, banging my head into the keyboard, over and over and over...
New Jersey Republican Governor Chris Christie proposed cutting the state's top income rate to 6 percent from 9 percent during his first term despite New Jersey's serious fiscal problems.
"I think a good target is 6 percent," Christie said at a UBS municipal bond conference in New York, noting that was the top rate before it was raised in 2004 by former Democratic Governor James McGreevey.... 
In his strongest comments to date, Christie also warned he might cancel the first trans-Hudson River rail tunnel dug in a century because of the likelihood of cost over-runs. 
"If the cost is going to be significantly higher than $8.7 billion, we're going to have no choice but not to move forward," Christie said.
Yes, let's leave a big hole under the Hudson so we can give tax cuts to the people who have taken all of the economic gains of the last decade solely for themselves. 

And, of course, the zombies lies never die:
Christie closed an $11 billion deficit in the current budget without increasing taxes, one of the feats that has led other Republicans, including California's gubernatorial hopeful, Meg Whitman, to invite him to campaign with them.
Yeah, it wasn't a property tax increase when homestead rebates were cancelled. Because those rebates are for taxpayers with income under $75K/yr.  You know, the people who don't show up at the UBS municipal bond conference and laugh at his jokes at the expense of government workers while he proposes income tax cuts for the wealthy.

You know - the little people.

Christie loves the working class! Christie loves...

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