N.J. Town Facing Whopping 27% Property Tax Hike (Matawan: sales, new home)

[block911]

Originally Posted by theoakman

wealth doesn't trickle down or up. It's a team game. Capitalism works, but you need to understand that their needs to be caps on the amount of wealth an individual can obtain. Cut it off at a billion and make sure the estate tax (a tax on dead people) only allows their children to receive maybe 100 million. You aren't affecting their standard of life, which is as high as it can possibly be. The reason to do this is because when these people become this damn rich, they have an assymetric influence on the government which allows them to engage in class warfare, and undermine the system of capitalism. I'm 100% capitalist, but the mega-rich have a 5000 year history of imposing on the freedoms of the general population and need to be held in check themselves.

No capitalism works when all the players have a level playing field. When one sided tarrifs are put in place that makes US goods cost more than other countries have a competitive advantage over us. Therefore jobs will quickly be moved offshore to take advantage of this which is what happened. With no jobs, salaries stagnate and our GDP drops off and our countries health goes down the tubes... Thank you to all the politicians that sold us out.

[doc1]

Originally Posted by tahiti

Do you have a job? A home? Your health? Yeah, you are winning.

Yes, yes and yes, I am winning but I certainly don't give any credit to any politician or a political party. They've supplied me with neither.

My statement was in response to a poster who made the election a winners and losers affair.

Again, are we in NJ winning? What have we won?

[shannybannany]

Originally Posted by JG183

McGreevey certainly wasn't perfect, but his policies resulted in my auto insurance premiums now being almost half of what they were in 2000.

you remember the 90's, right ? insurers wanting to leave the state, not being able to get coverage...

now, new insurers coming in, and advertising on TV for heaven's sake !

after property taxes, the next highest expenditure we face is auto insurance.

...no, wait -- auto ins. is no longer # 2, thanks to Jim.

in their 16 years in office, neither Kean nor Whitman were able to do that !

Actually, I have to agree. I moved away from NJ in 1997. I moved back in 2008. My auto insurance is 60% less then it was in 1997. Now...I realize, I am older but I had a perfect driving record then as I do now....plus, I own a comparable car...(shrugs shoulders)

Shanny

[FlyersFan]

Originally Posted by block911

N.J. Town Facing Whopping 27% Property Tax Hike - wcbstv.com (http://wcbstv.com/local/giant.property.tax.2.939097.html - broken link)

How is this possible when property values have dropped.....aren't property taxes based upon house values ?

[gradstudent77]

Originally Posted by FlyersFan

How is this possible when property values have dropped.....aren't property taxes based upon house values ?

Taxes are based on assessments.

[FlyersFan]

Originally Posted by tahiti

Do you have a job? A home? Your health? Yeah, you are winning.

The State or your town is not expected to provide you with a job, home or good health....what they are expected to provide you with is competent governing......and so far they are failing miserably.....BOTH Republicans and Democrats.

[mczabe]

Originally Posted by theoakman

wealth doesn't trickle down or up. It's a team game. Capitalism works, but you need to understand that their needs to be caps on the amount of wealth an individual can obtain. Cut it off at a billion and make sure the estate tax (a tax on dead people) only allows their children to receive maybe 100 million. You aren't affecting their standard of life, which is as high as it can possibly be. The reason to do this is because when these people become this damn rich, they have an assymetric influence on the government which allows them to engage in class warfare, and undermine the system of capitalism. I'm 100% capitalist, but the mega-rich have a 5000 year history of imposing on the freedoms of the general population and need to be held in check themselves.

I don't think it's possible to be 100% capitalist and in favor of putting a cap on success.

On a separate note, going back to a comment on page one - it's important to note that deregulation and lack of oversight are two completely different things that seem to be getting confused these days.

And blaming this current mess only on Reagan or only on Clinton or only on Bush or only on Democrats or only on Republicans or only on the rich, greedy bastards or only on the lazy poor underclass is just a waste of time and effort. There's plenty of blame to go around.

[tahiti]

Originally Posted by doc1

Yes, yes and yes, I am winning but I certainly don't give any credit to any politician or a political party. They've supplied me with neither.

My statement was in response to a poster who made the election a winners and losers affair.

Again, are we in NJ winning? What have we won?

what do you want to win?

[tahiti]

Originally Posted by FlyersFan

The State or your town is not expected to provide you with a job, home or good health....what they are expected to provide you with is competent governing......and so far they are failing miserably.....BOTH Republicans and Democrats.

i never said they should. in today's climate we need a sense of perspective and having a job, home and health is a hell of a lot more than a lot of people have.

[STrapani1105]

you can't have pure capitalism, or pure communism. you need elements of each in order to succeed.

we are a capitalist society but we have adopted some socialist policies. what do you think all of these government bailouts are? what are labor unions? they're all part of socialism.

china isn't a full-out communist country. it has adopted some capitalist policies. that's why its so successful, and not a failure like the Soviet Union.