Roadmap for the future of NJ

[doc1]

victorianpunk;9006187]You know, as much as I am going to get so much smack for saying this and am going to be called immature, an idiot, etc, I have to say this. There is a very simple way to help the Jersey economy: legalize marijuana and tax it's sale and sell licenses to sell it, just like the state does alchohol..............

I see the merits to your belief but the facts are NJ's financial mess is not that it doesn't bring in enough money.

We could tax food, clothes, each toilet flush................and all we will do is continue to enable corrupt, wasteful spending behavior.

NJ's culture is what's doing it in, not a lack of funds. I'm not sure it will change.

[camaro69]

Originally Posted by block911

If New Jersey really wants to improve their economy and bring jobs and workers home to New Jersey they should follow suit of Missouri and enact a state Fair Tax and completely drop the state income tax and corporate income tax. The Fair Tax is a consumption tax and is paid on lifestyle instead of hard work and sweat. It would provide a poverty level prebate back to all New Jersey citizens untaxing ALL New Jersey citizens up to the poverty level. With no corporate income tax companies would be running to New Jersey to set up shop. They would be able to produce products cheaper by not having to take from profits to pay state income taxes. Was better incentive than no income tax to draw business to your state?

The fair tax will solve all the problems and will tax people on what they spend rather than what they earn. The tax base is increased and more revenue is created. Its the win-win solution. You can't get out of debt by growing government and spending money. A state version of the FairTax Act would be hard to cheat, would produce much more usable revenue, and, be much simpler and transparent. It would stop the outflow of taxpayers and generate jobs and capital investment in the state. And, it would be very easy to collect. The method is already available in most all modern cash registers now in use. enact a state version of the FairTax (HR25/S296). This plan would completely untax the poor while creating thousands of jobs by making New Jersey a tax haven for corporations who set up shop there. The FairTax would spread the tax base to more taxpayers, including visitors to the Garden State.

Please everyone vote for Lonegan, just don't ask him about abortions or gay rights :x



Flat Tax vs. Fair Tax

That's the whole problem. Who said that the powers in NJ what anything to be fair?

[victorianpunk]

Originally Posted by doc1

I see the merits to your belief but the facts are NJ's financial mess is not that it doesn't bring in enough money.

We could tax food, clothes, each toilet flush................and all we will do is continue to enable corrupt, wasteful spending behavior.

NJ's culture is what's doing it in, not a lack of funds. I'm not sure it will change.

Indeed. There is even a book out called "The Soprano State: New Jersey's Culture of Corruption". Why are people in this state so complacent to corruption? Why is it when someone says "vote the bums out!" people yell "but I want to vote Democrat!" (ignoring the fact that there are democratic primaries they could be voting in )

It makes me sick.