Thursday, August 30, 2007

Hamilton ratables

Hi, Ed, Mayor Gilmore always complained about not having ratables in Hamilton and that was the reason for our high taxes. I see more stores out there along Route 130 in Hamilton, the new hotel being built, car washes, and everything else. Where’s all the money going from these new tax ratables? Why doesn’t Mayor Gilmore give it back to the people?
Tapped out taxpayer
In New Jersey (Hamilton included), businesses only build if they get a TAX ABATEMENT. Just in case you don’t understand that: It means there are no ratables paid. So my guess is that the ratables were all given away to big-box retailers and businesses.
— Ed. Note

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