RSS
DeCroce says Corzine needs to review own economic policies
TRENTON - Assembly Republican Leader Alex DeCroce today said that Governor Jon Corzine’s proposed private economic summit need not look far to find answers as to why New Jersey’s economy is on shaky footing, pointing to Corzine and the Democrats’ own record on economic issues.“If Governor Corzine wants to be honest about the state’s economic problems, he will begin by taking a long hard look in the mirror,” said DeCroce, R-Morris and Passaic.
“Governor Corzine and his Democrat colleagues have increased taxes and regulation turning New Jersey into one of the least business friendly states in the nation. This has cost our state job and economic growth opportunities that would have benefited all of our citizens.”
It was reported this morning that Corzine will convene a closed-door economic summit in Newark this afternoon with a members of the business community and economic experts to look at the state’s economy and to create a plan for action.DeCroce noted that in the past seven years Democrats have increased spending by over $11 billion. To fund that massive government expansion Corzine and his Democrat allies have hiked 101 taxes totaling more than $6 billion, including increased corporate taxes, income taxes and the sales taxes.
“The best way to spur economic growth would be by lowering the state’s onerous tax burden, which can only be done if Trenton is willing to cut spending,” DeCroce said. “If Governor Corzine is willing to work in a bipartisan manner to address this problem, we can provide him with an existing plan that will get the ball rolling in the right direction.”
DeCroce pointed to the Republican “Common Sense Plan for an Affordable New Jersey.” That proposal would eliminate $1.32 billion in wasteful or unnecessary spending and to use those savings to restore property tax relief, municipal aid, and to finance the state’s transportation needs without gas tax or toll hikes. The plan also calls for boosting state economic development efforts and streamlining the management of those programs.“Our state economy is sputtering and middle class families are suffering,” DeCroce said.
“It is time for Governor Corzine to admit the mistakes of the past and begin working cooperatively toward solutions for our state’s future.”
“Governor Corzine and his Democrat colleagues have increased taxes and regulation turning New Jersey into one of the least business friendly states in the nation. This has cost our state job and economic growth opportunities that would have benefited all of our citizens.”
It was reported this morning that Corzine will convene a closed-door economic summit in Newark this afternoon with a members of the business community and economic experts to look at the state’s economy and to create a plan for action.DeCroce noted that in the past seven years Democrats have increased spending by over $11 billion. To fund that massive government expansion Corzine and his Democrat allies have hiked 101 taxes totaling more than $6 billion, including increased corporate taxes, income taxes and the sales taxes.
“The best way to spur economic growth would be by lowering the state’s onerous tax burden, which can only be done if Trenton is willing to cut spending,” DeCroce said. “If Governor Corzine is willing to work in a bipartisan manner to address this problem, we can provide him with an existing plan that will get the ball rolling in the right direction.”
DeCroce pointed to the Republican “Common Sense Plan for an Affordable New Jersey.” That proposal would eliminate $1.32 billion in wasteful or unnecessary spending and to use those savings to restore property tax relief, municipal aid, and to finance the state’s transportation needs without gas tax or toll hikes. The plan also calls for boosting state economic development efforts and streamlining the management of those programs.“Our state economy is sputtering and middle class families are suffering,” DeCroce said.
“It is time for Governor Corzine to admit the mistakes of the past and begin working cooperatively toward solutions for our state’s future.”
posted by Trentonian at
10:09 AM
0 Comments:
Post a Comment
<< Home