New Jersey Tax Payers - Especially Homeowners:
Perk up and listen when you hear the phrase TAX ABATEMENT.
It is a silent danger that is raising a ruckus against PUBLIC EDUCATION.
Especially in places like Jersey City, Paterson, Newark, Camden, Asbury Park, Elizabeth, you get the gist.
Google it...You need to know how...Even if ya don't like to read, you should read this...The next time you find yourself being asked to vote for City Council members, this report should come to mind and help you form some questions. How does it benefit residents to have DEVELOPERS get TAX ABATEMENTS for 25 years?...It doesn't...Question is, who benefits? The recepient of your disdain...or your vote?
http://www.nj.gov/comptroller/
Perk up and listen when you hear the phrase TAX ABATEMENT.
It forces the County to rely on that little blue slip that appeared in our recent tax bill, because they still need to to get theirs. There is only one pot of money.
On careful examination of the big picture one finds that these ABATEMENTS cause all of the services used by us (lower income taxpayers, especially those with children) to go through the roof. Regressive Taxation. A tax that takes a larger percentage of income from low-income groups than from high-income groups.
It is a silent danger that is raising a ruckus against PUBLIC EDUCATION.
Especially in places like Jersey City, Paterson, Newark, Camden, Asbury Park, Elizabeth, you get the gist.
Google it...You need to know how...Even if ya don't like to read, you should read this...The next time you find yourself being asked to vote for City Council members, this report should come to mind and help you form some questions. How does it benefit residents to have DEVELOPERS get TAX ABATEMENTS for 25 years?...It doesn't...Question is, who benefits? The recepient of your disdain...or your vote?
http://www.nj.gov/comptroller/
