ERROR: Macro njDefaultArticleHeader is missing!

Tax cut's obituary changes cause of death to Sandy

By

Back to Top Comments Email Print

Latest News

Clifton Bancorp declares cash dividend

By Emily Bader
July 31, 2015 10:55 AM

CONTINUE READING

Vornado declares quarterly dividend

By Emily Bader
July 31, 2015 10:51 AM

CONTINUE READING

advertisement

Honeywell declares quarterly dividend

By Emily Bader
July 31, 2015 12:54 PM

CONTINUE READING

Vornado completes $580M refinancing of 1.1M sq. ft. property in Manhattan

By Emily Bader
July 30, 2015 11:17 AM

CONTINUE READING

Paydunk names chief financial officer

By Emily Bader
July 30, 2015 11:39 AM

CONTINUE READING

Marcus & Millichap arrange sale of apartment building in Jersey City

By Emily Bader
July 30, 2015 01:26 PM

CONTINUE READING

Kislak completes more than $16M multifamily sales in North Jersey

By Emily Bader
July 30, 2015 10:08 AM

CONTINUE READING

advertisement

Remember in January, when Chris Christie first announced he'd be delivering that 10 percent income tax cut to New Jersey residents?

If you sort of forgot about it over the past year, you could be forgiven. There was an awful lot of noise about it during budget season, but it's been so long since there's been a peep about this in Trenton that the only place you've been able to read about it is the side of a milk carton, under "Have You Seen Me Lately?"

Well, the governor changed that Monday, when he said the Sandy cleanup might place such a demand on revenue that a tax cut won't be possible. From the story:

Once the center of debate in Trenton, the issue of whether the state can afford a tax cut has faded into the shadows of Hurricane Sandy.

That's actually pretty charitable. The tax cut battle was so faded by the time Sandy came ashore that it could have passed for a vintage pair of jeans. But the storm is at least giving Christie some closure on the tax cut, which he can insist was still viable up until the storm hit.

It doesn't change the fact that Democrats were somewhat unwilling to consider such a cut, in the same way that South Jersey feels about a Meadowlands casino, but he's hoping you don't notice that. At least now he can argue the cut was killed by a storm, and not because revenue projections were too rosy.

I'm even more irreverent on Twitter @joe_arney.

Share This Story On:

Tax cut's obituary changes cause of death to Sandy

By

Back to Top Comments Email Print

Latest News

advertisement

Remember in January, when Chris Christie first announced he'd be delivering that 10 percent income tax cut to New Jersey residents?

If you sort of forgot about it over the past year, you could be forgiven. There was an awful lot of noise about it during budget season, but it's been so long since there's been a peep about this in Trenton that the only place you've been able to read about it is the side of a milk carton, under "Have You Seen Me Lately?"

Well, the governor changed that Monday, when he said the Sandy cleanup might place such a demand on revenue that a tax cut won't be possible. From the story:

Once the center of debate in Trenton, the issue of whether the state can afford a tax cut has faded into the shadows of Hurricane Sandy.

That's actually pretty charitable. The tax cut battle was so faded by the time Sandy came ashore that it could have passed for a vintage pair of jeans. But the storm is at least giving Christie some closure on the tax cut, which he can insist was still viable up until the storm hit.

It doesn't change the fact that Democrats were somewhat unwilling to consider such a cut, in the same way that South Jersey feels about a Meadowlands casino, but he's hoping you don't notice that. At least now he can argue the cut was killed by a storm, and not because revenue projections were too rosy.

I'm even more irreverent on Twitter @joe_arney.

Share This Story On:
advertisement

Comments


Be the first to comment.



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy
advertisement
ERROR: Macro defaultSidebar is missing!
ERROR: Macro footer_top is missing!
Back to Top