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Old 06-20-2022, 02:54 AM
 
18,323 posts, read 10,653,845 times
Reputation: 8602

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Quote:
Originally Posted by DannyHobkins View Post
I did, nothing is set in stone it proposed. Even 250k is low for many dual income households through NJ. To be fair, it should go to everyone who owns a home.
See this is where it's starts to get looney. If this was TV I'd turn you off right now.
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Old 06-20-2022, 06:26 AM
 
19,120 posts, read 25,316,835 times
Reputation: 25429
The latest property tax rebate proposal--which may or may not come to pass exactly as stated below--would have the following result:

Homeowners
Gross Income: $0 to $150,000:
Rebate: $1,500
Number of households: 870,000
State cost: $1.31 billion

Gross Income: $150,000 to $250,000:
Rebate: $1,000
Number of households: 290,000
State cost: $290 million

Renters
Gross Income: $0 to $150,000:
Rebate: $450 checks
Number of households: 900,000
State cost: $405 million


https://www.nj.com/politics/2022/06/...lion-plan.html
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Old 06-21-2022, 12:40 PM
 
962 posts, read 540,696 times
Reputation: 1043
Quote:
Originally Posted by Retriever View Post
The latest property tax rebate proposal--which may or may not come to pass exactly as stated below--would have the following result:

Homeowners
Gross Income: $0 to $150,000:
Rebate: $1,500
Number of households: 870,000
State cost: $1.31 billion

Gross Income: $150,000 to $250,000:
Rebate: $1,000
Number of households: 290,000
State cost: $290 million

Renters
Gross Income: $0 to $150,000:
Rebate: $450 checks
Number of households: 900,000
State cost: $405 million


https://www.nj.com/politics/2022/06/...lion-plan.html
I'd still much rather distribute this money to towns as part of a program to incentivize NOT raising taxes. Like, for example, keep taxes level and be eligible for $(x) in funding. Money in consumer's pockets raises inflation. This will contribute to inflation (however small). But ensuring that our taxes stay put has the opposite effect. With prices going up everywhere, the last thing we need is a big property tax increase. Use this money to keep costs stable.
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Old 06-25-2022, 05:35 PM
 
18,323 posts, read 10,653,845 times
Reputation: 8602
Quote:
Originally Posted by Retriever View Post
The latest property tax rebate proposal--which may or may not come to pass exactly as stated below--would have the following result:

Homeowners
Gross Income: $0 to $150,000:
Rebate: $1,500
Number of households: 870,000
State cost: $1.31 billion

Gross Income: $150,000 to $250,000:
Rebate: $1,000
Number of households: 290,000
State cost: $290 million

Renters
Gross Income: $0 to $150,000:
Rebate: $450 checks
Number of households: 900,000
State cost: $405 million


https://www.nj.com/politics/2022/06/...lion-plan.html
Just me wondering but I thought there were way more people who resided in NJ then about 2,800,000 people
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Old 06-25-2022, 08:07 PM
 
Location: Elsewhere
88,538 posts, read 84,719,546 times
Reputation: 115028
Quote:
Originally Posted by G1.. View Post
Just me wondering but I thought there were way more people who resided in NJ then about 2,800,000 people
There are 9 million. Most children don't rent or own a home, and a lot of people are married and own their home together.

2,800,000 households, not people, would receive the funds
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Old 06-28-2022, 05:32 PM
 
3,971 posts, read 4,036,696 times
Reputation: 5402
It's strange how Murphy boasted about reducing taxes. This one time rebate proposal is welcome but hardly what one might think of as a truly meaningful reduction when you think of lower taxes. $1500 isn't really enough of a rebate when you're paying $25,000 in property tax. Just my 2cents
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Old 06-29-2022, 08:30 AM
 
962 posts, read 540,696 times
Reputation: 1043
Quote:
Originally Posted by ebbe View Post
It's strange how Murphy boasted about reducing taxes. This one time rebate proposal is welcome but hardly what one might think of as a truly meaningful reduction when you think of lower taxes. $1500 isn't really enough of a rebate when you're paying $25,000 in property tax. Just my 2cents
Dude, if you're paying $25,000 in property taxes, you don't have anything to complain about. Sell your mansion and downsize if it's too expensive.
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Old 07-12-2022, 05:30 PM
 
Location: NJ
23,539 posts, read 17,214,216 times
Reputation: 17562
Quote:
Originally Posted by Mightyqueen801 View Post
I just don't trust what you've posted, simply because your source is not an objective site, but a plainly partisan one.

What you posted might be correct, but we have no way of knowing because it's from a purely Republican site, and I don't know that it's any more trustworthy than would be one put out by the Democratic party to promote THEIR interests.

One thing we know beyond a shadow of a doubt: Both sides lie.
That would be the job of a free press, unfortunately we have none. If score were to be kept, the mainstream media, carrying democrat water, has far outpaced the right with regard to news based on rumors and outright continuous lies .....by light years.

The democrats own the hate and fear mongering franchise and have branched out into violence.

Quite a stretch to assume a repub gov would have reacted the same as murphy in regard to covid. That is quite an assumption!!!!

Nj lacks political diversity and we all suffer the consequences.

CA has a surplus and people are leaving in droves. Murphy is making NJ CA east. Oh look, Nj has a suprlus, follow the money. hey, how about zuckerberg giving newark edu 100 million dollars, that is the template for losing 'excess' cash into the ether, in the hands of a political monolith.
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Old 07-13-2022, 02:32 PM
 
962 posts, read 540,696 times
Reputation: 1043
Quote:
Originally Posted by Kracer View Post
That would be the job of a free press, unfortunately we have none. If score were to be kept, the mainstream media, carrying democrat water, has far outpaced the right with regard to news based on rumors and outright continuous lies .....by light years.

The democrats own the hate and fear mongering franchise and have branched out into violence.

Quite a stretch to assume a repub gov would have reacted the same as murphy in regard to covid. That is quite an assumption!!!!

Nj lacks political diversity and we all suffer the consequences.

CA has a surplus and people are leaving in droves. Murphy is making NJ CA east. Oh look, Nj has a suprlus, follow the money. hey, how about zuckerberg giving newark edu 100 million dollars, that is the template for losing 'excess' cash into the ether, in the hands of a political monolith.
"I forced a bot to listen to 101.5 for 1000 hours, and this is what it wrote."
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Old 07-13-2022, 02:46 PM
 
19,120 posts, read 25,316,835 times
Reputation: 25429
Quote:
Originally Posted by midnight_thunder View Post
"I forced a bot to listen to 101.5 for 1000 hours, and this is what it wrote."


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